Neither a weakness nor a rally is seen in Nifty: Sandeep Wagle

ET Now caught up with Sandeep Wagle,Founder & MD, APTART Technical Advisory Services, aptartindia.com to know his views Nifty and the PSU basket.

What about Nifty per se and the PSU basket?

As expected, neither a weakness in the next three to four days nor a one way rally is seen. Nifty not holding is what is expected. So a range of possibly 4700-4730 on the lower side, 4850 once it crosses that 4920-4930. This is the band I am talking of and individual stocks will move. The PSU basket is looking good. The STC, the Dredging Corporation, the NMDC, they will be the stocks to watch out for in the coming few trading sessions.