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Short Andhra Bank, Tata Steel: Prakash Gaba

Prakash Gaba of prakashgaba.com recommends shorting Andhra Bank and Tata Steel.

February 02, 2018 / 14:03 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like two stocks and both are on the shorting side. Andhra Bank looks weak to me, it is more of an exhaustion pattern and a breakdown here. We can see a slide to levels closer to Rs 45, keep stop loss above Rs 51."

"Tata Steel is exhausted in the upper region. Looks like it is heading down to a levels closer to Rs 675-670 zone. Keep stop loss above Rs 708," he said.

CNBC-TV18
first published: Feb 2, 2018 02:02 pm

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