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Analysts Suggest Short Trades for PFC, SAIL, ICICI Bank, Axis Bank, Ashok Leyland
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Short Sell Alert: PFC, SAIL, ICICI Bank, Axis Bank, Ashok Leyland on Analysts' Radar
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CNBC TV18
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09-03-2026, 09:43
Short Sell Alert: PFC, SAIL, ICICI Bank, Axis Bank, Ashok Leyland on Analysts' Radar
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Analysts Nagaraj Shetti (HDFC Securities) and Mitessh Thakkar (Bonanza Portfolio) recommend short trades in specific stocks.
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Shetti advises selling Power Finance Corporation (PFC) with a stop loss at ₹400 and a target of ₹368–₹370.
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Shetti also recommends selling Steel Authority of India Limited (SAIL) with a stop loss of ₹155 and a target of ₹138–₹140.
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Thakkar suggests shorting ICICI Bank (stop loss ₹1,331, target ₹1,270) and Axis Bank (stop loss ₹1,332, target ₹1,275).
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Thakkar also recommends selling Ashok Leyland (stop loss ₹198.50, target ₹186) and reiterates a sell call on SAIL (stop loss ₹157.25, target ₹149).
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