Geometric, Mastek, HCL Tech look good: Kulkarni

Kulkarni told CNBC-TV18, “Midcap IT has done really well in the last few trading sessions. If one specifically see stocks like Geometric, Mastek, even HCL Technologies which cannot be considered as a midcap but among the large cap stocks HCL Technologies has done really well.”

He further added, “This is the only space where in you are getting opportunities to go long. Other than that if you see the broader market it is still in a strong lower top lower bottom. So I would say that yes you can get opportunities to trade on the long side. I would look at positions in Geometric, Mastek as well as HCL Tech. But I would not have aggressive long positions. From a trading perspective a small position on the long side yes it is justified but I would not go aggressively long in case of these stocks.”