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    HomeNewsBusinessStocksShort HDIL, says Vishal Kshatriya

    Short HDIL, says Vishal Kshatriya

    Short HDIL, says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.

    September 26, 2011 / 09:14 IST

    Short HDIL, says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.

    Kshatriya told CNBC-TV18, "I have a short call on HDIL. The stock is trading at lower end of its channel pattern form on its daily chart, momentum oscillators have given a sell signal this indicates that the stock is likely to break down its channel pattern in days to come. Traders can go short at current market price with target price of Rs 94 and maintain stop loss above Rs 103.

    first published: Sep 26, 2011 08:39 am

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