Sell JSPL, Just Dial on rally: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Jindal Steel & Power Limited (JSPL) and Just Dial are collapsing, Just Dial has never been a favorite of mine and it is already done its bit. The initial public offering (IPO) story is over, it makes new lows all the time. It is on the verge of a significant breakdown that may or may not come today but any rally in both the stocks should be used to short sell and build short positions."

At 11:31 hrs Just Dial was quoting at Rs 1,232, down Rs 34.60, or 2.73 percent. It has touched an intraday high of Rs 1,307.85 and an intraday low of Rs 1,225.05.