Feb 21, 2012 10:56 PM IST | Source: CNBC-TV18

Nifty at 7-month high: Is it time to sell or buy now?

It's been a stable day of trade at the bourses. What began as a slightly quiet session ended on a high note despite muted global cues. The Nifty closed above 5600 mark for the first time since July 25, 2011. The Sensex too piled on 139 points to close at 18428.

Moneycontrol Bureau

It's been a stable day of trade at the bourses. What began as a slightly quiet session ended on a high note despite muted global cues. The Nifty closed above 5600 mark for the first time since July 25, 2011. The Sensex too piled on 139 points to close at 18428.

So, is it time to sell or buy now?

Sudarshan Sukhani of s2analytics.com suggests staying long in the market. "Rather than trying to do intraday trading, positions should be maintained. I am assuming people have long positions. If they don

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