'Expect a big rally in short term'

Ravi Nathani, technical analyst from Nsetoday.com shares his views on the current market uptick and what sectors are likely to lead the rally

Markets gained nearly 2% in opening trades as IT heavyweights Infosys, TCS along with RIL and ICICI Bank surged in the opening hour of the trade.

This uptick comes after a week when the benchmark indices lost 0.5%. So, is this the beginning of a new uptrend or just an aberration for a day. Is there any technical or fundamental ground to support today's rally.

Ravi Nathani, technical analyst from Nsetoday.com helps us answer these questions and what are the possible pockets which will lead the current uptrend other than IT scrips. Also, what his top picks from oil & gas, logistics and pharma space.
 

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