Saying prudence and the need for a cautious approach are paramount, Shah highlighted significant areas of concern and offered valuable advice for traders, particularly those engaged in futures and options (F&O) trading.
Dipen Sheth, Head-Institutional Research of HDFC Securities believes investors are moving away from equities to other assets like gold and real estate.
Pantaloon Retail is looking good in midcap space. One can buy the stock as it is expected to move up 30-40 percent, says Rahul Mohindar, Director, viratechindia.com.
Rahul Mohindar, Director of viratechindia.com is of the view that, in midcap space, Glenmark Pharma has fairly good potential. The stock is expected to rally to Rs 490.
Great Offshore has a very good chart at the current level. The stock is expected to rally to Rs 135-140 levels, says Shubham Agarwal of Motilal Oswal.
Sun Pharmaceutical Industries is looking good in pharma space to invest, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.
Havells India is a good bet in midcap space, says Technical Analyst, Salil Sharma.
The midcap space has been witnessing a lot of volatility for last couple of days. Rada Advisors’ Nitin Raheja told CNBC-TV18 that a lot of midcap stocks have come under pressure recently. He suggested investors and traders to stay on the sideline.
N Jayakumar, president at Prime Securities and speaker at an Investor Camp organised by CNBC-TV18, said he is confident to invest in midcaps and he is looking at dominant players in cap-intensive midcap space.
Prashastha Seth, Senior VP at IIFL Private Wealth view on midcap space.