Sudarshan Sukhani, s2analytics.com advises that one can sell Delta Corp.
Sukhani told CNBC-TV18, “Delta Corp has come in our sell list. It was in our sell list today also. This is not a stock you want to buy. I do not think most people can go short in it, but if you can then go ahead, otherwise step aside. There are no falling knives trades here. The stock is heading lower and it is visible.”
On March 25, Delta Corp closed at Rs 43.15, down Rs 4.40, or 9.25%. It has touched an intraday high of Rs 48.90 and an intraday low of Rs 42.55.
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