Short Educomp Solutions: Sukhani

Sukhani told CNBC-TV18, "Educomp Solutions - I have been selling and shorting and suggesting since it was Rs 800. It’s very difficult now to say at Rs 114 how much lower it can go, but it can go lower. So for those who want, Educomp remains a short sell."

He further added, " Titan Industries is now breaking down. Again when these large distribution patterns develop, quite often they go through a period of up moves and down moves and some confusion, that happened in Titan when I got upbeat, bullish and bearish. But now it seems that the stock is finally breaking down from a large distribution and offering a target of sub Rs 200. So Titan is a positional short rather than just a one day short."

" BPCL was a buy in my list in the morning and I would go long in BPCL. It’s the better of all the three oil marketing companies and the sense is that what we saw in the decline was only a correction in an ongoing bull market."

Disclosure: I do not have a personal holding in the above stocks.