Short Educomp Solutions on every rally: Manghnani

Short Educomp Solutions on every rally, says Anil Manghnani, Modern Shares & Stock Brokers.

Manghnani told CNBC-TV18, "Everonn and Educomp were badly hit so some of them really look like, if you look at the DAX Index for example, it fell 33% in a month and now it has bounced back over 10% in three days. So I think you have similar move where they got in oversold but I think another 10% maybe on the upside and then again you start to look to short these stocks because I have a view that Educomp eventually is headed back to Rs 150 levels. It