Sell ACC, Indiabulls Real Estate: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I want to draw your attention to what is happening to the precious metals. Silver is down 4.5 percent and gold is down 2.5 percent, so the selling is across the board, it is just risk-off not just equities. What we can do is – look for short selling opportunities that still exist."

He further added, "ACC is another stock that could be sold even at current levels. The stock is now breaking down from a support level, that simply tells us that there is momentum on the downside that should see lot of follow through."
"Second is Indiabulls Real Estate, which made a bearish flag. It is breaking today from that flag, tells us that the breakdown is just starting, so lower levels are coming. They haven't finished yet, so, ACC and Indiabulls Real Estate both for selling,"