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.
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