HomeNewsBusinessTechnicalsStrongest support for volatile mkt is around 5100: Sukhani

Strongest support for volatile mkt is around 5100: Sukhani

Sudarshan Sukhani of s2analytics.com spoke to CNBC-TV18 about how to play the market today as it stands poised for the Assembly election results. Check out his comments.

March 06, 2012 / 10:59 IST
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Sudarshan Sukhani of s2analytics.com spoke to CNBC-TV18 about how to play the market today as it stands poised for the Assembly election results. Check out his comments.

Below is the edited transcript of the interview. Also watch the accompanying video. Q: For a Nifty trader, how would you approach trade?
A: The short positions taken on Friday and added-on yesterday, they should be continued. For a person who does not have a position, there is no sense now in going for a position because there maybe a lot of volatility in the morning. For those who have short positions, they should simply be prepared to accept that volatility and stick on with it. I am ignoring the news because I have no idea of that, but on the charts, the downtrend continues and it
first published: Mar 6, 2012 08:48 am

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