Sudarshan Sukhani, s2analytics.com told CNBC-TV18, "I would sell Canara Bank. The stock has fallen from Rs 440 to Rs 325. This is not a bull market and yesterday it went up. One must see the context. It has done these rallies earlier also during repeated decline and all the rallies were eventually sold into and the stock saw lower levels."
"I am assuming that this is a relief rally, keep a stop loss, keep the context, which means do not rush into sell in the morning but it is a short sell," Sukhani said. Also Read: Canara Bank invests in Brickwork RatingsDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
