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The trend remains positive and the rally is getting broadbased, as the midcaps are performing well now, says Pujara.
Kashyap Pujara, Sushil Finance: The trend remains positive and the rally is getting broadbased, as the midcaps are performing well now. The discount in the Nifty Futures has reduced, as fresh longs have been added and shorts were cut, which is a positive sign. We are positive until the Nifty stays above 2175. The immediate resistance is at 2235. If it closes and sustains above that, the Nifty can touch 2275. I like bank and pharma stocks.
Tags: Equity calls, Ambareesh Baliga, Karvy Stock Broking, Kashyap Pujara, Sushil Finance, Sudarshan Sukhani, Technical Analyst, 05-07-05
May 22 2013, 11:25
- in FII View
May 22 2013, 10:44
- in Economy