HomeNewsBusinessStocksShort Dena Bank: Sudarshan Sukhani

Short Dena Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is negative on Bank Nifty. Therefore, he feels most banks should be selling opportunities. According to him, Dena Bank is a short sell idea.

May 22, 2013 / 10:39 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Public sector banks (PSU) are weak. I am negative now on Bank Nifty. Therefore, most banks should be selling opportunities. One just has to identify trade location properly."


He further added, "Dena Bank’s location is perfect, it is on the downside, consider a short sell here. Ideally if the Nifty rallies a bit, sell into that strength. In any case it should be sold into."
first published: May 22, 2013 10:39 am

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