Jul 20, 2013, 02.58 PM | Source: CNBC-TV18
According to Sudarshan Sukhani of s2analytics.com, one may sell Financial Technologies as the stock is breaking all kinds of support levels and may head much lower.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
"For short sellers, it is a very good stock to go and sell. The upside is protected in the sense that it is not likely to go up. If the market tanks a little also and if the Nifty weakens just a little bit this one could weaken much more," Sukhani said.