Book small cap textile stocks for anything between 5%-8%

ET Now caught up with Sandeep Wagle, Founder & MD, Aptart Technical Advisory Services on his views on small cap textile stocks, in small cap financial stocks.

Do you think there is a structural uptick here which may last a few days or do you think if you have taken a position better closed out quickly because they have run into a freeze downwards equally soon, what would be your call on smaller financial stocks and smaller textile stocks?

If you are getting anything between 5%-8%, outer side 10%, you should book it. If you have bought today you cannot sell tomorrow, but on the third day you can sell it off at whatever you get 5%, 8%, just book it because if you do not book what you have got now, you may not get even this much the next day.