More downside in SAIL: Sukhani

Written By Unknown on Jumat, 09 November 2012 | 18.00

See more downside in SAIL , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "On Monday we are looking at Dish TV and Yes Bank. These are not suggestions in a sense that we will see how it works out on Monday morning but these are two stocks we are watching."

He further added, "PSU banks appear to be weak, continue to be weak. So, the two banks that we are watching on the downside are Vijaya Bank and Bank of Baroda . These are two stocks on the short side and also SAIL. It appears to be now breaking down and moving much lower, it's a surprise, it's already very low. There is more downside there."


 



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