The risk reward ratio has started going against investors, says market expert, Anand Tandon. He says investors either need to take a longer term view or book profits. Tandon says there is a higher probability of the market declining than being rangebound, because quarterly earnings broadly have not given a reason to the investors to be happy.
Sudarshan Sukhani, Technical Analyst, s2analytics.com advices against trading saying he has not noticed any proper trend in the market. He asks investors to avoid Nifty and Bank Nifty.Talking about Lupin, Sanjiv Bhasin, Executive Vice President - Market & Corporate Affairs, IIFL, says it is time to sell the good news. He says that large part of the good news has been factored in. He has a negative outlook on pharma stocks. Watch video for more.
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