Short GMR Infra, says Sukhani

Sukhani told CNBC-TV18, “GMR Infra is a shorting candidate but otherwise they are all simply declining after those big rallies. I wouldn’t normally go and sell infrastructure. Infrastructure is bottoming out on a much larger time frame. So it is looking at a big bull market and it is not a good idea even for short-term selling. But exception was GMR Infra which has poor charts.”

He further added, “ DLF is one of the larger players, it had rallied but it has charts that are not conducive for a sustained rally. So if I had to offload any positions, the first would be DLF and the last two would be HDIL and Indiabulls Realty, which be stocks that I would prefer to keep as long as possible.”