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Stay away from fertiliser, chemical space: Sukhani

Published on Wed, Nov 25, 2009 at 11:00 |  Source : CNBC-TV18

Updated at Wed, Nov 25, 2009 at 13:34  

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Sudarshan Sukhani, Technical Analyst

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Stay away from fertiliser and chemical space, says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "I am not upbeat fertiliser and chemical space because fertilisers have disappointed significantly, they broke out of multi year trading bands and then they did nothing after that. So my sense is that it's far better to stay away from these stocks and momentum traders also will not gain because if the stock is not in a strong trend you do not get anything out of it."

  

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