Midcaps should do well in April: Hemen Kapadia

Hemen Kapadia, CEO, chartpundit.com in a chat with ET Now gives his take on the coming financial year.

Regarding the kind of movement and range bound kind of trade that we have been seeing in the markets recently. Tomorrow is the new day of the next financial year, what do we look forward to?

Nerolac seems superb, rounding bottom and right now, it is going to be specific but if I were to take it, maybe a few weeks forward, midcaps are going to rock. They have been dormant, the midcaps. You are going to see sectors like this move up and the midcap small cap especially the midcaps should do well in the month of April.