Moneycontrol
Oct 10, 2017 04:22 PM IST | Source: CNBC-TV18

Market currently range bound but uptrend intact, says experts

Since we are in an uptrend we should expect at some point the narrow ranges will be broken on the upside possible with trigger or without it, says Ashwani Gujral.

The market on Tuesday closed mildly higher as Nifty recaptured 10,000 level. The 30-share BSE Sensex was up 77.52 points at 31,924.41 and the 50-share NSE Nifty gained 28.20 points at 10,016.95.

Market experts Ashwani Gujral of ashwanigujral.com SP Tulsian of sptulsian.co, Mitessh Thakkar of mitesshthakkar.com, Sudip Bandopadhyay and Ambareesh Baliga shared their stock specific views and the outlook for the market going forward.

Gujral says today was again a range bound day but since we are in an uptrend we should expect at some point the narrow ranges will be broken on the upside possible with trigger or without it.

With the rupee strengthening again, there seems to be a higher bottom in place for it, says Gujral.

For more on their stock specific views, watch video

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