Buy DCB, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "I am absolutely sure SKS Microfinance is going down. These V-Shaped reversals are never sustainable unless they are complete by a significant change in the economic environment for that company which is not happening. So this is certainly coming down, I think it would be a very attractive short sell. If it does correct, position traders should go long in it because the trend is changing and it is becoming bullish."
He further added, "DCB charts are very attractive; it has come out of a double bottom, rallied decently. For the last 10-15 days it’s in a very tight range. Results could be anything but I would anticipate good results and buy it before that as well, it is a very nice chart."
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