Metal stocks look weak, says Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "NMDC is doing the same thing what metal stocks are doing. Rally fizzled out. Lower lows, lowers highs. Small trading range has broken on the downside. All metal stocks are looking weak."

He further added, "NTPC has been a favourite stock for me. But that means nothing to the market. The charts are very difficult for NTPC. I would not be a buyer here. Although, short selling is something that you have to think about, but NTPC charts are not bullish; that is an easy statement."