Nifty likely to give us nothing in next few days: Sukhani

In an interview to CNBC-TV18 technical analyst, Sudarshan Sukhani of s2analytics.com shared his reading and outlook on the market.

“The advice remains the same. We have done very well and we have caught most of the upswing. As traders, as short-term players in this market, we must understand that all good things come to an end and chances are that we will begin a process of either a consolidation or at worse a distribution, which means higher levels in the short-term from where we are, seem very unlikely. If that is so, then, the trade should be to buy on sharp dips, try to be intraday; at the most (it is) much better to focus on individual stocks. The Nifty could give us nothing for the next few days,” he said.