Feb 26, 2013, 05.29 PM IST | Source: CNBC-TV18

Exit Opto Circuits, says Sukhani

Sudarshan Sukhani, s2analytics.com advises investors to exit Opto Circuits.

Sudarshan Sukhani, s2analytics.com advises investors to exit Opto Circuits.
 
Sukhani told CNBC-TV18, "Exit Opto Circuits I cannot even imagine why investor could buy Opto Circuits, so for me it is very difficult to give an opinion on something that I cannot imagine. The easiest solution is one need to get out of it. I cannot say if it will not go back to Rs 60 because a relief rally can come anytime, but it is very unlikely. A lot of midcap stocks are in deep trouble so do not stay and find out what happens. Take the loss and get out."

Disclosure: I am long in the Nifty for the day that is an intraday trade.

Set email alert for

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Narendra Modi

81489.12 1,480.51 1.85%

4937

Bought today

1866

Sold today

1.42%

User holding

video of the day

Ambit Cap eyes two years of market cheer; bets on cyclicals

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.