Avoid Everonn Education: Sukhani

Published on Tue, Jan 10, 2012 at 14:26 |  Source : CNBC-TV18

Updated at Tue, Jan 10, 2012 at 16:33  

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Sudarshan Sukhani, s2analytics.com

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Avoid Everonn Education , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "Avoid Everonn Education. We had big rally yesterday and on the back of news based rallies almost always fizzle out. Today it is fizzling out, so you can't go and short it, you must avoid it. There is no sense in buying it now and no sense in buying it on a dip. It must have a sharp and big dip."

He further added, " Educomp continues to be a short sell. It's one of the few stocks that are going to distinctly underperform this market. No matter where it goes and how high it goes. So whenever the opportunity arises I would say go and sell Educomp."

  

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