Jun 10, 2013, 08.10 PM | Source: CNBC-TV18
According to Sudarshan Sukhani of s2analytics.com, Gujarat State Petronet is a short sell.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
He further added, "After a big decline, a descending triangle is a bearish pattern and suggests that there is much more downside left. GSPL is a short sell. The metals including GSPL, the petrochemicals are not going to do what the Nifty could do today or for the next two-three days."
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