Sell McLeod Russel and Educomp Solutions: Ashwani Gujral
If you get a two-three day type of move then you would like to sell off.
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| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks to ET Now on McLeod Russel and Educomp Solutions.
On the charts McLeod Russel, Educomp Solutions, would you sell into the strength?
Not today but if you get a two-three day type of move then you would like to sell off. The point is if the market is going to get back into this range then these stocks can run up fairly fast and Educomp can get closer to may be even 235-240. Similarly McLeod Russel could get back towards may be 225-230, so around those levels you would like to again get back into shorts because these stocks get hammered a lot but they equally bounce back sharply.
On the charts McLeod Russel, Educomp Solutions, would you sell into the strength?
Not today but if you get a two-three day type of move then you would like to sell off. The point is if the market is going to get back into this range then these stocks can run up fairly fast and Educomp can get closer to may be even 235-240. Similarly McLeod Russel could get back towards may be 225-230, so around those levels you would like to again get back into shorts because these stocks get hammered a lot but they equally bounce back sharply.
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