HomeNewsBusinessStocksSell Bajaj Auto, Reliance Capital, ICICI Bank: Sukhani

Sell Bajaj Auto, Reliance Capital, ICICI Bank: Sukhani

Sudarshan Sukhani of s2analytics.com recommends selling Bajaj Auto, Reliance Capital and ICICI Bank.

April 22, 2015 / 16:14 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bajaj Auto is a short sell, you can't buy this market. Bajaj Auto is breaking the Rs 2000 barrier. It is very worrying when a bluechip does this."

"Second of the short selling ideas is Reliance Capital. Even in spite of the intraday rally, Reliance Capital is lower than what it was yesterday. It is not a stock that you want to buy, it is a short sell," he said.

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"In ICICI Bank traders can wait and sell it tomorrow rather than sell it today, that is the only difference. ICICI Bank is also breaking down. All private sector banks have very bearish charts."

Disclosure: Analyst does not have positions in the stocks.

first published: Apr 22, 2015 03:23 pm

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