Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Shriram Transport Finance Corporation completed its bull market much earlier. It has come in our sell list repeatedly. It has now made a very large distribution pattern. So, today I suspect a lot of NBFCs will start waterfall decline. It is not easy to time it."
"We would be positioned on the short side here. Shriram Transport is in the Futures and Options (F&O) list, so it is easy to short sell," Sukhani said. Also Read: Shiram Transport Fin to diversify into insurance broking
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