Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Midcaps are now cracking which means if we start looking for short selling in midcaps there are plenty of them and some of them are blue chip – so one of them is UltraTech Cement. Sell Ultra Tech Cement, the stock was in a consolidation, it has broken down, it is a petty because Ultratech was one of the better stocks."
"Go short in Century Textile. It has already broken the last low, the last low was the frontier of support, that has been broken today. There is a possibility of water fall decline, it could just go down without any support," he added. Also Read: Cement makers fall on worries over early monsoon
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