HomeNewsBusinessStocksShort UCO Bank & Canara Bank: Sudarshan Sukhani

Short UCO Bank & Canara Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com stated that PSU Banks offer selling opportunities, two banks are UCO Bank as well as Canara Bank, both on the short side.

June 25, 2013 / 17:33 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18,"The approach for tomorrow and day after should be take only intraday trades. That is what we suggested in the morning. Apart from positional shorts which we are carrying for the July Options, don't take any risk because this kind of volatility will continue. We took a quick long trade. But don't push your luck, take quick profits. PSU Banks offer selling opportunities and the two banks are UCO Bank as well as Canara Bank - both on the short side."

first published: Jun 25, 2013 05:33 pm

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!