Short DCB for target of Rs 45: LKP

Short DCB for a target of Rs 45, says Rakesh Gandhi, Sr Technical Analyst, LKP.

Gandhi told CNBC-TV18, "DCB has been consolidating above Rs 56 and after breaking down from a symetrical triangle. Below 56 level it has been trading in a very short range. Now the stock has once again caught up in a downward momentum and I think one can short the stock for a target of Rs 45 and stop loss of Rs 52."