Monday 10 November 2008

Do not trade in RNRL and Arvind Mills: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that one should not even think to trade in Reliance Natural Resources, RNRL and Arvind Mills.

Sukhani told CNBC-TV18, "I will not trade Arvind Mills; one cannot even look at the numbers and say this is Arvind Mills of that era. One will not touch Arvind Mills at all."

He further added, "For RNRL also - this is not the time to go for momentum stocks. There are trading opportunities and we should focus entirely on the blue chips. I do not think I would even think about trading RNRL or Arvind Mills, not now."

Disclosure: It is safe to assume that analyst & his clients may have an investment interest in the stocks/sectors that have been spoken about.

Source: Moneycontrol

Posted by Harsh at 07:33

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