Technically Momentum shall carry NIFTY towards 10050. Hold Large cap stocks.
Short term traders shall hold Large cap stocks and Book profits in when NIFTY is above 10000.
We are postive on Metals, FMGC, Oil Marketing, Private Banking and Autos.
On individual stocks we are postive on
- Tata Steel
- Yes bank
- Kotak Bank
- Adani Ports
- Ultratech Cement
Avoid IT, Pharma and PSU banks for a while.