Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Sun TV is breaking down, repeatedly it is making new lows so it is an easy short sell. The entire cement pack is a sell, Grasim Industries seemed to be a better idea, it is making new lows although unfortunately all of cement is collapsing so it is apart from the Nifty, cement as a sector seems to be willing to go lower and to make life easy."
"Tata Global Beverage has been in a trading range for moths altogether and is today breaking down from that range. A multi-month range is breaking on the down side," he said.
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