Equity calls: Baliga, Pujara, Sukhani

Excerpts from Bazaar on CNBC-TV18 Watch the full show »

Ambareesh Baliga, Karvy Stock Broking: This is a purely liquidity-driven rally, and we are seeing a good rotation of money between sectors. We think this is a good time to book profits, as a correction is overdue, but it is difficult to time it.
 
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.

• Where do you see the market heading today?
  

Sudarshan Sukhani, Technical Analyst: The uptrend remains strong as the indices are regularly making new highs. I think this remains a 'buy on dips' market.

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