Enter India Infoline around Rs 60-61, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.
Sharma told CNBC-TV18, " Manappuram was trying to consolidate between this Rs 52-61 level and that range has broken down."
He further added, "India Infoline has given a good move yesterday but that was one off move. It has managed to clear that kind of a rounding bottom pattern it had formed. That has already been cleared. But in the immediate future there could be some correction like what's happening today. So closer to maybe around Rs 60-61 could be a level to enter this counter."
"I think Adani Power had given a good move. I think one should kind of avoid taking a short position in it but if you are long then you should be exiting out."
