Smartinvestor : The markets have been trading in a narrow band since quite some time now. What should investors do in such a scenario? What are the key Nifty levels that you are keeping a tab on?
Devang Shah : The short-term ourlook remains negative for Nifty. The broder market is also looking very weak (Midcap & Small cap segemnts).
Also Read
I expect weakness to continue further & expect a target of 5820 (Nifty) for the short-term. So any kind of pull back is exit opportunity for investors, till nifty closes and sustains above 6,000 levels for the short-term.
Smartinvestor : Are there any stocks in the Nifty pack that one should exit right now?
Click here for the full transcript
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%