Expect Nifty to trade in 8,200-8,800 range for next three months: Pankaj Pandey, ICICIdirect.com

In a chat with ET Now, Pankaj Pandey, ICICIdirect.com, talks about the trajectory of the market in the coming months.

ET Now: Do you think a range of 8600-8650 is what it is for the Nifty at least for next month or so?

Pankaj Pandey: On YTD basis, market has not done much, in fact, it has been in sort of a range. Therefore, broadly we would expect that this 8200 to 8800 kind of range would continue to pan out and it does not look like the market has the energy and the triggers for a breakout or breakdown from this particular range. Therefore, we would expect that the market would be in this range for the next two or three months.