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    Short Indiabulls Real Estate, says Sukhani

    Sudarshan Sukhani of s2analytics.com one can take a short position in Indiabulls Real Estate. "The stock has just started a process of distribution," he adds.

    May 31, 2013 / 12:49 IST

    Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One can still be short on Indiabulls Real Estate. It is making head and shoulder that I was talking about in the Bank Nifty. It is not the only one. A lot of these stocks are now distributing."

    He further added, "Indiabulls has just started a process of distribution. It is accompanied by a lot of real estate stocks including DLF. There is a potential for short selling here. Take it and not necessarily day trade, just hold it."

    first published: May 31, 2013 12:49 pm

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