Short Adani Ports, says Devangshu Datta

Published on Tue, Feb 07, 2012 at 17:53 |  Source : CNBC-TV18

Updated at Tue, Feb 07, 2012 at 18:14  

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Devangshu Datta, Consulting Editor, Outlook

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Short Adani Ports , says Devangshu Datta, Consulting Editor, Outlook.

Datta told CNBC-TV18, "In the infrastructure space, Adani Ports is a potential short not Adani Power because in power there are people who are already covering. Adani Ports is a potential short at these levels."

He further added, " Bharti Airtel and Idea Cellular , if you are looking for safe shorts in that sense. And I'd be very interested in the aviation sector. You will be getting shorts as of tomorrow when people figure out that the logistics aren't working as you have been analyzing the last few minutes. I think you will get fairly good shorts over there tomorrow."

"Short in Jet Airways , it looks very entertaining at the moment. I would probably be prepared to short only say on the basis that the stock usually losses ground after results, but that's a hardcore strategy. Airtel, definitely a short there. Long positions maybe a bounce in L&T."

  

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