Thursday, August 5, 2010

MIDCAPS STAY FIRM. LARGE CAPS LOSE GROUND.

Around 3.00PM today, heavy selling is being witnessed in large cap stocks suggesting instituitional unloading in a big way( FIIs and DIIs). The exact data will be available only after 5.00Pm

However, midcaps and small caps find favour with retail investors and mutual funds.There is value buying in select midcaps.

Positional traders would well to cherrypick midcap and smallcap scrips with one-year view.An annualised return of around 30 % can be expected in these scrips.
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