Short ACC, says Sudarshan Sukhani

Aug 20, 2013, 05.56 PM IST

Sudarshan Sukhani of s2analytics.com is of the view that one may short ACC. "It has already broken down today from a large trading range giving us a confirmation of a bearish pattern," he adds.

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Sudarshan Sukhani of s2analytics.com is of the view that one may short ACC. "It has already broken down today from a large trading range giving us a confirmation of a bearish pattern," he adds.

Like this story, share it with millions of investors on M3

Short ACC, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may short ACC. "It has already broken down today from a large trading range giving us a confirmation of a bearish pattern," he adds.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " ACC and Ambuja Cements are short selling opportunities, so is UltraTech Cement , the strongest of them all. ACC is a better short, it is an easier short than Ambuja."

"ACC is breaking down, it has already broken down today from a large trading range giving us a confirmation of a bearish pattern, so that is the first of the cement stocks to crack. It is a short sell."

Harmonis Hubungan