Bhamre told CNBC-TV18, "When market is on the higher side of the range it is mainly midcaps where value is there and people try to move towards that space. Sintex is one in that space which is attractive valuation wise and we are seeing in the F&O side though its not that liquid, the total open interest is around Rs 515-520 contracts only but good amount of cash based buying has been visible. If you see from the base effect more than 70-80% open interest build-up has seen in last three-four trading sessions and it has underperformed in this bounce back of market. So we expect this stock to go up from current levels, we are expecting good moves. One can buy in a range of Rs 218-221 with a target of Rs 247 in mind and stoploss of Rs 211."
