Short Federal bank & Orient bank, says Sudarshan Sukhani of s2analytics.com. He has been upbeat on the CNX-IT index and that has finally percolated to the middle level IT stocks. "For the next week I am looking to buy Geometric", he adds
As August series expires on Thursday, Vineet Bhatnagar, MF Global feels that rollovers indicate long bias will be maintained. He is expecting the Nifty to expire around 5350 levels in this series.