Educomp to underperform for next few months: Shrikant Chouhan

ET Now spoke to Shrikant Chouhan, Senior Vice President Technical Research, Kotak Securities for a technical check on Educomp.

How does Educomp look on the charts?

In this particular sell off we have seen very drastic sell off especially in Educomp after the results and it has even broken the important support level of 630.

So in my sense it will underperform for next say like few months. I can say because it has broken very important consolidation level. We can expect even 530-510 on the lower side.