Sell Cairn India: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that sell Cairn India with target of Rs 250.

Sukhani told CNBC-TV18, “One should sell Cairn India immediately if one is a trader. Cairn India is now breaking down from that Rs 315 levels and a downside target comes at Rs 250. I am not saying Cairn will go there, I am just saying that the prospects in the near-term are not bright at all. Even if one is an investor, let him get out now, the chances are he will be able to buy it at a lower price.”