Independent market expert Ambareesh Baliga believes the Nifty can see the level of 8200 as soon as in a day’s time.
However, this marginal rally should be used to sell and not buy as he believes the market does not have any trigger to see higher levels.
The strong macro numbers have come on the back of lower crude prices and that has now started to harden, Baliga adds. He is bullish on Mahindra Holidays, but negative on Voltas which, he believes, is fully priced-in now.
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