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Keep booking profits on a regular basis: Sameet Chavan of Angel Broking

At present, traders are advised to keep following stock-specific approach

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The banking index, which has been the weakest link of late, has finally made a strong comeback

Sameet Chavan Mumbai
Some positivity across the globe, Nifty surpasses 9,200

The previous week’s spectacular rally was followed by a sluggish start for the new trading week on Monday. The index consolidated with mildly negative bias. Similar action was seen in the subsequent session as well. On Thursday, the index opened lower and then had a decent recovery to close tad below the 9,000-mark. However, the real action of the week was mainly seen on Friday as we had a massive gap-up opening, followed by indecisive swings throughout the first half. During the latter half, strong buying emerged across the board to conclude