Sudarshan Sukhani , Technical Trends, in a chat with ET Now, give his stock ideas for the day
What are you recommending to the viewers today?
BPCL, it is a short sell. Short selling is done only by professional traders but crude is going up, has gone up 3% in the last two days and crude or no crude, BPCL is not likely to see any kind of significant rally. So this is a sell on every rally, sell even without a rally. We will probably see much more levels here and commodities are not coming down. So that is another disadvantage the stock has. For more stock tips visit WWW.STOCKWALA.SHOUTEM.COM NOW.
SOURCE: ET
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