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Sell Titan Industries, Arvind: Sukhani

Sudarshan Sukhani of s2analytics.com advises traders to sell Titan Industries and Arvind.

February 25, 2013 / 17:25 IST
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Sudarshan Sukhani of s2analytics.com advises traders to sell Titan Industries and Arvind.
 
Sukhani told CNBC-TV18, “For Titan and Arvind it is possible to sell because both the stocks are down today. As a matter of tactics one would want to sell on some kind of strength. You can get better prices but within those minor constrains both Titan and Arvind are selling opportunities. They have cracked all support levels and like most other midcaps are heading lower.”
 
He further added, “I don’t see the rally that we expect in the next two-three days to affect a lot of midcap, they won’t affect this also. LIC Housing I would avoid shorting. That is not short selling candidate except for small one or two day move, even that is not possible there.”

first published: Feb 25, 2013 05:25 pm

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