Sell Siemens, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One should sell Siemens. The charts are horrible. They are suggesting lower prices and may even crack Rs 470. So, I would not hold it. It is much easier to shift into either IT or banks whichever sector catches attention but get out of Siemens."

The share touched its 52-week high Rs 749.95 and 52-week low Rs 467.00 on 04 October, 2012 and 10 April, 2013, respectively. Currently, it is trading 29.26 percent below its 52-week high and 13.61 percent above its 52-week low. Market capitalisation stands at Rs 18,860.77 crore.