Stay long, says Mohit Gaba

If one is long, stay long at least until Monday, says Technical Analyst, Mohit Gaba.

January 28, 2013 / 07:51 IST

Technical Analyst, Mohit Gaba:

The Nifty is extremely choppy; there is one down day followed by one up day. We saw a reaction in most midcap and realty stocks after the big down move on Thursday and this move could continue on Monday in the run up to the RBI interest rate policy on Tuesday especially in the interest rate sensitive stocks, which would be a contributor to the up move we see in the Nifty and Bank Nifty. Hence if one is long, stay long at least until Monday.

first published: Jan 28, 2013 07:50 am

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