Speaking to CNBC-TV18 Udayan Mukherjee said that while the market is trying to price in the gravity of the moves over the last couple of weeks, participants don‘t know which way the cookie is going to crumble. Right now, there is hope the market has discounted the worst, but it could change, he said.
CNBC-TV18‘s Consulting Editor Udayan Mukherjee said that the market got too complacent globally which lead to a jolt last week.
Speaking to CNBC-TV18 Consulting Editor Udayan Mukherjee said that there is nothing one can do but to participate in this rally. The Nifty is close to its all-time high. “There is no point in second-guessing the market because that is not how it works."
Devangshu Dutta, Consulting Editor, Business Standard is of the view that one can short Power Finance Corporation while can buy Ashok Leyland, Reliance Communications.
Devangshu Datta, Consulting Editor, Outlook advice, traders to short Axis Bank with SL of Rs 1114.
Tata Global Beverage has support around Rs 139, says Devangshu Datta, Consulting Editor, Business Standard.
Hindalco Industries may test Rs 123 and PFC may bottom out around Rs 186, says Devangshu Datta, Consulting Editor, Business Standard.
Go long on Cummins India, says Devangshu Datta, Consulting Editor, Business Standard.
Tata Motors may slip to Rs 215- 217, says Devangshu Datta, Consulting Editor, Business Standard.
Devangshu Datta, Consulting Editor, Business Standard is of the view that, one can short Bank of Baroda (BOB), Punjab National Bank (PNB), Union Bank of India and State Bank of India (SBI).
See upside in ITC, says Devangshu Datta, Consulting Editor, Business Standard.
Prefer Bajaj Auto and Tata Motors, says Devangshu Datta, Consulting Editor, Business Standard.
Jaiprakash Associates can go upto Rs 90-91, says Devangshu Datta, Consulting Editor, Business Standard.
Pantaloon Retail can touch Rs 175, says Devangshu Datta, Consulting Editor, Business Standard.
One can short bank Nifty and capital good stocks, says Devangshu Dutta, Consulting Editor, Outlook.
Devangshu Datta, Consulting Editor, Business Standard shares his view on banking space.
DLF may slip to Rs 209- 210, says Devangshu Datta, Consulting Editor, Business Standard.
IDFC can touch Rs 165, says Devangshu Dutta, Consulting Editor.
BHEL can touch Rs 325-330, says Devangshu Dutta, Consulting Editor.
BHEL may slip to Rs 225- 230, says Devangshu Datta, Consulting Editor, Outlook.
Short Adani Ports, says Devangshu Datta, Consulting Editor, Outlook.
PNB can test Rs 910-915, says Devangshu Dutta, Consulting Editor, Outlook.
Book partial profits in Bajaj Auto around Rs 1410, says Devangshu Datta, Consulting Editor, Business Standard.
HUL may slip to Rs 385, support around Rs 392, says Devangshu Datta, Consulting Editor, Business Standard.
Ambuja Cement may test Rs 157, says Devangshu Datta, Consulting Editor, Business Standard.