Sell India Cements: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "All the other cement stocks are giving buying opportunities but India Cements is topping out. I do not know what is going on here but it is a short sell which is relatively easy. It should be taken only if you already have long positions. So it acts as a hedge also. It has a very weak chart."

At 10:21 hrs India Cements was quoting at Rs 104.05, down Rs 1.65, or 1.56 percent. It has touched an intraday high of Rs 105.15 and an intraday low of Rs 102.45.