Exit Alok Industries, says Sukhani

Sudarshan Sukhani, s2analytics.com advises traders to exit Alok Industries.
 
Sukhani told CNBC-TV18, “It is quite possible that the prices of Alok Industries may fall to Rs 5 so one should get out immediately. This is not a stock where you want to do any punting and this is not a market for midcaps in general. Even if one were to invest in midcaps Alok would be the last stock you want.”
 
On Feb 15, Alok Industries closed at Rs 9.93, down Rs 0.12, or 1.19%. It has touched an intraday high of Rs 10.24 and an intraday low of Rs 9.87.