HomeNewsBusinessStocksShort HDFC Bank, REC: Sukhani

Short HDFC Bank, REC: Sukhani

Sudarshan Sukhani of s2analytics.com advises to short HDFC Bank and REC at current levels.

June 03, 2013 / 19:07 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “Markets are little subdued. The easiest trade still in individual stocks is to go and short sell. First, we consider selling HDFC Bank. There are a lot of the private sector banks are breaking down and HDFC Bank is probably leading that pack so look to go short in it. This is a pure day trade.”

He further added, “REC has been little choppy. It gave the sense that it is bottoming out and then the markets crack so REC has cracked together with it. That is a short-sell. This is only a day trade, don’t carry it.”
first published: Jun 3, 2013 07:07 pm

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