A lot of good quality midcaps are doing well. Oil India Limited is now rallying from a small base. There is more potential here. The best case scenario is that the Nifty may start consolidating and in that case a lot of midcaps will continue the outperformance."
"We have Tata Global Beverage which has broken out two days ago from a very long range and that tells us that this break out is sustainable, that's a buying opportunity," he said.
"To my surprise, all the tyre stocks are in some kind of difficulty, so Ceat is a short sell. Short selling in a roaring bull market should be done only by professional sellers or traders but it's still possible. So, two buy ideas which are much easier to execute and one short sell.