Avoid Lovable Lingerie, says Sudarshan Sukhani

Avoid Lovable Lingerie, says Sudarshan Sukhani of technicaltrends.com.

Sukhani told CNBC-TV18, "You cannot sell Lovable Lingerie because it is not part of the F&O but it has been a favourite because it has been a concept stock. I have never been a fan of concept stocks, I have seen them go like SKS Micro Finance from Rs 1300 to Rs 200 most of them. So I was keenly watching when this one starts cracking from Rs 625 its already at Rs 400 and I would not be surprised if Lovable halves from Rs 400 to Rs 200. So there is no short selling, since you cannot sell, please don