Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The markets reflect some kind of waning in momentum and we are looking to go short. Sell DLF; it was in a trading range and it has broken down. Chances are that the break down in DLF should continue."
He further added, "Sell Shriram Transport Finance. It is already in a downtrend. It is some kind of a bear market of its own. Today's decline in the Nifty is simply added to the weakness in the stock and that tells us that the weakness that we are seeing would persist till next few days."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!
