Sell Jain Irrigation, Delta Corp: Sukhani

Sell Jain Irrigation and Delta Corp, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Jain Irrigation doesn’t have any support. I am surprised, because I was upbeat. It came in my buy list and did nothing, it fell. So it is a short sell. I am wondering what’s going on here, obviously I don’t understand that. But it’s a short sell. Sell it, keep a stoploss. I expect this to slide all the way to Rs 50."
He further added, "There is nothing in Delta Corp anyway. It’s trading at Rs 56-57 and the downside is where the market takes it. The trade is to sell it. I have been downbeat on Delta Corp from Rs 90 downwards and that short selling trade continues."