HomeNewsBusinessStocksShort Voltas, says Sudarshan Sukhani

Short Voltas, says Sudarshan Sukhani

According to Sudarshan Sukhani of s2analytics.com, one may short sell Voltas.

December 26, 2014 / 12:06 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Voltas has been in an uptrend and suddenly the stock started collapsing and it could be for any reason but for a short-term trader Voltas is a short sell. The short sell should be taken only in context of number of buying positions if you have. Do not isolate and just take this one."

At 10:53 hrs Voltas was quoting at Rs 238.70, up Rs 3.30, or 1.40 percent on the BSE.

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The share touched its 52-week high Rs 286.50 and 52-week low Rs 97.05 on 24 November, 2014 and 28 January, 2014, respectively.

Disclosure: Analyst and family doesn't has positions in the above stock.

first published: Dec 26, 2014 10:56 am

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