Ashish Chaturmohta of Fortune Equity Brokers told CNBC-TV18, "We are recommending a short in HCL Technologies because very stiff resistance has been seen in it around Rs 1110-1120 levels and around Rs 1110-1120 we have observed some amount of short build up in the derivate segment. So this is one stock where a weakness till Rs 1010-1020 could be seen."
"We are recommending a short on HCL Tech at current levels and any recovery towards Rs 1080-1085 should be used to average those shorts. The stoploss would be at Rs 1110 for going short in the stock," he said.
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