Sell Mcleod Russel: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may sell Mcleod Russel as the stock may go down to Rs 230 and may even reach Rs 200.

August 23, 2013 / 11:38 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Mcleod Russel (India) is a short sell. It is at Rs 250 now and our levels is Rs 230 on the downside but that is for short-term traders. It is giving us a very big crack and it is giving us a sense that eventually it should even reach Rs 200."


"There is no hurry. If one takes a short position, even if Rs 230 comes, get out from part of it or don't get out, this is going down much more," he said.
 
first published: Aug 23, 2013 11:38 am

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