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Sell DLF, Mcleod Russel: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends selling Mcleod Russel and DLF.

October 14, 2014 / 10:45 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There is a short sell in DLF. It is one of the easier short selling ideas. Mcleod Russel (India) has been a poor performer; it has done nothing in this bull market. It is coming to a point where it would breakdown and seeks lower levels. It is a trade that is worth taking on the short side if you have long positions elsewhere."

At 10:40 hrs DLF was quoting at Rs 109.50, down Rs 37.20, or 25.36 percent. It has touched a 52-week low of Rs 108.

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first published: Oct 14, 2014 10:43 am

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