Check out the trading strategies for frontline and mid-cap stocks with Devang Shah, Portfolio Manager- PRO TECH-PMS, Sharekhan
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).
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?
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