Moneycontrol PRO
HomeNewsBusinessStocksShort Mcleod Russel, says Shrikant Chauhan

Short Mcleod Russel, says Shrikant Chauhan

Short Mcleod Russel, says Shrikant Chauhan, Kotak Securities.

June 23, 2011 / 08:37 IST

Short Mcleod Russel, says Shrikant Chauhan, Kotak Securities.

Chauhan told CNBC-TV18, "Short Mcleod Russel (India). The stock has completed its pullback at Rs 270 and it closed below the level of Rs 255. We can expect further weakness in the near term. We can keep a stop loss at Rs 261 to trade short for the target of Rs 230-225 on the lower side."

first published: Jun 23, 2011 08:36 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347