IDFC looks weak, says Sukhani

IDFC is looking weak, says Sudarshan Sukhani of s2analytics.com.

March 20, 2012 / 11:26 IST

IDFC is looking weak, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "IDFC is going to be weaker. The Nifty has limits on its downside but some of the individual stocks may not have those reasonable limits. I think IDFC could crack Rs 100 and go below it. It is one of the weakest infrastructure charts and it is best avoided."

He further added, "I am puzzled about REC because REC and PFC rallies fizzled out then they fell and they are now in choppy waters. I don

first published: Mar 20, 2012 11:19 am

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