See lower levels in IDFC: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can see lower levels in IDFC.

Sukhani told CNBC-TV18, "Certain amount of courage is required to short at current levels but I think there is money on the downside, so Lanco is a short sell. More than that GMR and HCC are both selling ideas. Broadly the entire sector is under pressure and lower levels will come."
He further added, "IDFC which is not exactly an infra company but its in infrastructure finance; it is also something which should see lower levels in a next few days."