HomeNewsBusinessTechnicalsWill look to sell banks on every rise now, says Anu Jain
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Will look to sell banks on every rise now, says Anu Jain

It is best to concentrate on stong stocks such as Auto or Energy in a weak market than on banks, which are probably the weakest, says Anu Jain of IIFL. In a discussion with CNBC-TV18, she said that technical charts reveal that Friday's pullback of the Nifty might not last and the long-tem bias is downwards.

May 09, 2011 / 14:18 IST
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After nine sessions of trading down, the Nifty was seen opening higher today as global cues turned positive boosting investor confidence. As the market looks towards a revival, some experts feel the pattern that

TAGS: #200 day EMA #Anu Jain #Apollo Tyres #Ashok Leyland #heavy volatility #IIFL Private Wealth Management #M&M #Nifty #nine sessions #pullback rally #SGX #short-covering #shorting opportunities #stop loss #strongest stock #Tata Motors #Technicals
first published: May 9, 2011 11:24 am

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