Sunday, September 13, 2009

Sell Bartronics India: Sudarshan Sukhani

One can sell Bartronics India, says Technical Analyst, Sudarshan Sukhani.

Sukhani told CNBC-TV18, "Somewhere Bartronics India is associated with IT in some form or the other. It has moved up a lot. Yesterday it fell down. The stocks that fell down the most yesterday did not fall simply because they felt like it; they fell because there is a message that these highs are not being sustained. Bartronics is a relatively easy stock to sell. There is a tight stop but beyond that I think buying interest is going to wane in these momentum stocks. So Bartronics is sell even in a consolidating market.”

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