Short Educomp Solutions , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "You go and short Educomp. It's a short sell. There is no doubt about it. It was a bear market rally - that's over. It is going to resume its lows and probably make new lows again."
He further added, "I track Great Offshore but it is very difficult to suggest what we should do. Again these sharp moves evidently change the trend, the trend was already up. Great Offshore was in a trading range for three weeks. A lot of these stocks broke out yesterday; GT Offshore was one of them. I am assuming that the right way to trade it would be to wait patiently again for a dip or a correction and then go long. The trader would be wise to know something about the company before he takes this one."
" IDBI Bank is an excellent chart. It is one of the stocks something like Ashok Leyland is willing and telling us that it has good reason to be bought into. It could go up today, tomorrow. It is on the verge of another up move. So IDBI is something you want to look at today."
