Siddharth Bhamre positive on IRB Infrastructure

Siddharth Bhamre of Angel Broking told CNBC-TV18, "I am not very optimistic on power space, but we are positive on National Thermal Power Corporation (NTPC), Reliance Power, though not very midcap."

He further added" In infra space I will not get into GMR Infra or other names, but we are positive on IRB Infrastructure Developers. It has very good support around Rs 90-92. One should stay long in this counter. We are expecting three digits and probably more."

"If I come to private sector space Karnataka Bank which we are highlighting, last Tuesday we have mentioned to buy at around Rs 100 and I feel there is a further upside from current levels."

"If I get into semi-midcaps or probably semi-large caps like LIC Housing Finance this is one stock in banking and financial space where we have seen good long built up happening and the rollovers are also quite positive unlike sectors and markets where rollovers in terms of percentage and in terms of absolute open interest is slightly less this time, because last time the rollover figures were very huge. So these are the few midcaps where we would be positive," Bhamre said.