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Aug 10, 2012, 06.12 PM IST
Sudarshan Sukhani of s2analytics.com view on GMR Infrastructure, SKS Microfinance and Apollo Tyres.
Sudarshan Sukhani of s2analytics.com view on GMR Infrastructure, SKS Microfinance and Apollo Tyres.
Sukhani told CNBC-TV18, " GMR Infrastructure is a short sell; it has broken down from a trading range. So it is short selling candidate probably looking at much lower levels. GVK Power and Infrastructure is also suggesting a sub Rs 10 eventually. Viewers listening must understand that this infra stocks should only be shorted if you are a professional trader." He further added, "Both SKS Microfinance and Apollo Tyres are still long opportunities. SKS is jut beginning its bull market so there will be long opportunities throughout the rally as it builds on its trends. I think SKS is an excellent positional trade also. Apollo Tyres is offering an opportunity with some specific targets. I don’t see it in a runaway mode. But at current levels there is a 15-20% gain possible, which is quite good."
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