Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    Loans
    Loans
    HomeNewsBusinessStocksSell Allahabad Bank, Century Textile: Sukhani

    Sell Allahabad Bank, Century Textile: Sukhani

    Sudarshan Sukhani of s2analytics.com is of the view that one can sell Allahabad Bank and Century Textile.

    July 17, 2013 / 17:17 IST

    Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "In Allahabad Bank the supports have already been broken, but there is such a sharp strong downside momentum and that momentum is likely to persist."

    He further added, "Century Textile is in a strong bear market of its own. It has broken a minor support level and that takes it to new lows. Both stocks are sell."

    first published: Jul 17, 2013 05:17 pm

    Discover 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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347