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Sell banking, auto stocks on rally: Modern Shares

PUBLISHED ON: August 2, 2011 | Duration: 8 min, 44 sec

  
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Anil Manghnani, director of Modern Shares & Stock Brokers, says the auto, banking and oil & gas sectors are looking weak and every rally in banking and auto stocks should be used to short. He adds that FMCG, pharma and telecom are looking strong on charts.
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