Short UltraTech Cement, advises Aditya Agarwal

Aditya Agarwal of Way2Wealth Securities told CNBC-TV18, "UltraTech Cement is one of the strongest candidate for making long positions. However, from short-term perspective, the stock is looking little bit weak. We are expecting some profit booking in the counter. On higher side Rs 3,400-3,410 was the resistance level. From those levels we have seen some profit booking in the counter.""With a short-term perspective, we are giving a short call at current level keeping a target of Rs 3,280 and on higher side stop loss is Rs 3,365," he added.