Short Arvind, says Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that Arvind is a short sell.

Sukhani told CNBC-TV18,” Arvind cracked below Rs 80 which was its strong support, just like all midcaps have done. Now once a major support is broken down decisively then we do not expect rallies. The declines are likely to continue and so Rs 65 or Rs 60 is possible before it stops falling and starts building a base but that is going to take a lot of time. It is a short sell."