Avoid PFC, REC, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommended avoiding Power Finance Corporation and Rural Electrification Corporation.

Sukhani told CNBC-TV18, “We had one bad day yesterday so I will ignore that. The trade is still to go long in it. We have these opportunities not to take the trade. Therefore, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) are to avoid. I want to find out what happened that allowed them to fall so much in just one day. It is best to stay away from it.”