Sudarshan Sukhani of s2analystics.com is of the view that one can sell Mindtree and Mcleod Russel and advises buying NTPC.
Experts believe a strong gush of liquidity and optimism could push the Nifty to 5600 in a month.
Sudarshan Sukhani of s2analystics.com is of the view that one can sell Pantaloon Retail. The stock is likely to slip further.
The market seems to be unwilling to let go of its downward slide, and therefore Sudarshan Sukhani of s2analystics.com says trades should be on the short side.
Sudarshan Sukhani of s2analystics.com believes the market will start the May series on a volatile note.
Sudarshan Sukhani of s2analystics.com says that the short-term trend of the market has changed, so therefore traders should look to sell.
Despite the exuberance on the street, experts tell CNBC-TV18 that it is time to book profits while the going is good.
The market optimism continues to grow. The Nifty reclaimed the 5,200 mark with a 50-point rally. However, experts have started raising the red flags. They are expecting a correction now. They are advising investors to book profits and exercise caution ahead.
Due to the decent rally in the market the past few weeks, Sudarshan Sukhani of s2analystics.com expects the market to consolidate a bit.
Sudarshan Sukhani of s2analytics.com tells CNBC-TV18 that the fact that the Nifty cracked 4640 yesterday shows that the charts are looking to go down from here.
The market’s fall back into the red yesterday signaled the end of the brief upmove, says Sudarshan Sukhani of s2analystics.com.