Short Sterlite Industries, says Rakesh Gandhi

Short Sterlite Industries, says Rakesh Gandhi, Sr Technical Analyst of LKP.

September 26, 2011 / 14:21 IST

26 Aug, 2025 12:21

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Short Sterlite Industries, says Rakesh Gandhi, Sr Technical Analyst of LKP.

Gandhi told CNBC-TV18, "Sterlite Industries has been beaten up together with other metal stocks; it has broken its important support level of Rs 128. As soon as it falls below the Rs 120, the downward momentum would increase. One can short the stock for a target of Rs 105 with a stoploss of Rs 135 on a closing basis.

first published: Sep 26, 2011 08:37 am

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