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    HomeNewsBusinessStocksShort M&M, buy Maruti Suzuki: Sukhani

    Short M&M, buy Maruti Suzuki: Sukhani

    Sudarshan Sukhani of s2analytics.com advises shorting Mahindra and Mahindra and buying Maruti Suzuki.

    January 01, 2015 / 16:10 IST
       
       
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      Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Technically the only trade is go short. Since I hate going short in a bull market this is a sort of avoid for me. However, if somebody were say brave enough, wise enough or savvy professional trader, you short Mahindra and Mahindra (M&M) and you buy Maruti Suzuki."

      Mahindra and Mahindra ended at Rs 1,236.20, up Rs 1.70, or 0.14 percent on the BSE.

      The share touched its 52-week high Rs 1,421 and 52-week low Rs 847 on 04 September, 2014 and 04 February, 2014, respectively.

      first published: Jan 1, 2015 04:10 pm

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