The Nifty has been side by side for the last five to six sessions. When will we really choose the trend?
Aditya Arora: The market is unifying with a positive prejudice. Although the market is being integrated into a tight range of 22,200 to 22,700, many are doing well midcaps and smallpers. Every day it was a red day, there are many fields coming out of the bed space, but now we see the green days.
For the last five days, markets have created a combat spirit in which many fields are doing well. Small APPs and Midcaps are also doing well.
Therefore, the prejudice is positive and the breakout on the index will be above 22,750 on the Nifty on the sidewalk and only if we break 22,100 on negative damage, the texture will deteriorate.
Otherwise, I keep the market neutral for positive bias and many fields are doing well. Therefore, although the index may be delinquent or it can give any illusion that nothing is happening, but below it, many stocks and fields are doing very well.
So, then expand, which is the field you think from below is really performing well, which we are really unable to identify, but the charts are really giving you a clear buy signal right now.
Aditya Arora: Yes, clearly a few fields are doing very well. There is a pharma sector, which we were chatting some time ago. And another banking is doing well, the NBFC sector is doing well, we are looking at many stocks from that place. And the third is metals. Therefore, these three places are clear purchases on the DIPS candidates, areas, in which investors can find the opportunity to accumulate or the opportunity to purchase.
In some areas you mention there, you have also mentioned pharma, which looks very attractive on the charts. But buy any elections from that pack, any counters and on dips for now?
Aditya Arora: The first candidate I bought from the pharma pack is the D RED Reddy, one of the largest players of Pharma, who performs well today after a long period of consolidation. Therefore, D Red Redds buy on 1144, the stop is Los 1090, and the target is 1200. I also like chemical space. I have a candidate for Chemical Space, Pharma Space, Coromandal. This is a purchase of 1882, Stop Los is 1780, and the target is 1982.
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