Bullish on Lupin, Mindtree, M&MFin at current levels: Ravi Nathani
Ravi Nathani, Founder, Sr. Technical analyst at Nsetoday.com shares his view on markets and top picks
Jinsy Mathew Mumbai After registering new highs for 10 days in a row, markets have taken a breather over the last two days. Banks which lead the major part of the rally, have also corrected. Defensives are back in vogue with IT logging in incremental gains as Rupee appreciated and moved in the 60 levels once again.
Given the sudden change in market from high beta to defensives, the question which keeps everyone guessing is whether the days of new highs are over or is it just a marginal correction in an otherwise up trending market. Also, which are the stocks to buy in this turnaround?
Helping us understand the market trend today is Ravi Nathani, Founder, Sr. Technical analyst at Nsetoday.com.