Sell Rel Comm, DLF, Crompton Greaves: Aashish Tater

Short Reliance Communications with a target of Rs 62. R COMM after a long time has breached Rs 67 level and has been unable to continue its momentum above Rs 70 which is a major hurdle for the stock. We feel it will again go and test that Rs 60-62 odd mark in days to come.

Short DLF for a target of Rs 192. We do not expect good set of numbers from DLF in days to come and thus we are recommending our clients to short this particular stock around that Rs 205-208 range with a tight stop loss of around Rs 212.50 on closing basis for a target of Rs 192 and below in days to come.

Short Crompton Greaves . The stock has very strong resistance at Rs 133.25. We feel even after this particular set of results, the stock will go weak and go and test Rs 120-122 odd mark in days to come.

I am going to short Asian Paints for a target of Rs 3,430 from short term perspective with a closing stop loss of around Rs 3,780 odd mark. We feel that this particular stock has not been able to make up to its momentum in terms of topline which might create some pressure in days to come thus a short from our side.