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Stay away from metal stocks: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may stay away from metal stocks.

November 18, 2015 / 11:24 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is quite possible that metal stocks are seeing the last leg of that bear market. However, it is not a time to buy, so I don’t think there is a short selling idea any more here because they are likely to go to lower levels bounce from there and become choppy. Perhaps metals are left alone. There is nothing to buy and short selling could be risky."At 11:07 hrs Tata Steel was quoting at Rs 231.30, down Rs 3.20, or 1.36 percent.

first published: Nov 18, 2015 11:24 am

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