In an interview to ET Now, Narayan said that Nifty50 may slide further 100-150 points in coming days. But some of the stocks which fell drastically such as PC Jeweller would probably slip into futures ban. MRPL is a stock which has been into a sideways movement for multiple weeks now. I do believe it might drop down to a Rs 100-105 region from Rs 117 at present. Short this stock with a stop loss placed at Rs 122.

Source: Economic Times February 03, 2018 08:48 UTC