Market sentiment still bullish: www.aptartindia.com

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com in a chat with ET Now said that market is still in the upward move. So there is no threat of 5150 being broken. Yes at higher levels, some kind of a profit booking is coming in, somewhere around 5300. So the broad range remains 5200 to 5300. At lower levels buying will still come.

It was a tricky session by all standards in yesterday's market? How would you place it for today?

That is the market. Having said that, it is still in the upward move. So I do not see a threat of 5150 being broken. Yes at higher levels, some kind of a profit booking is coming in, somewhere around 5300. So the broad range remains 5200 to 5300. At lower levels I still expect buying to come.

That view which you were having yesterday that it will go to 5400-5450 in a day or two possibly may not happen in a day or two but over the next four to five sessions or maybe seven to eight sessions, I would not be surprised if that happens. So I still remain bullish.