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    Sell HDIL, says Arunesh Madan

    Sell HDIL, says Arunesh Madan, Founder and Director of Augment Investment.

    July 25, 2011 / 08:36 IST

    Sell HDIL, says Arunesh Madan, Founder and Director of Augment Investment.

    Madan told CNBC-TV18, "I have a sell call on HDIL. The stock has given a breakdown from a triangular pattern. The momentum indicators like MACD and RSI are in a sell mode. The stock can be short around current levels for a potential target of Rs 147 with a stop loss being placed above Rs 165 levels.

    first published: Jul 25, 2011 08:18 am

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