Retail stocks not attractive: Maia Financial Services

In the retail space, the counter like Bombay Dyeing or even a Pantaloon, have not been doing too much. Does it look like things could pick up perhaps?

Most of the retail stocks again are in the intermediate downtrends. They probably look to be oversold at the current moment expecting slight bounce back. Again they are not very attractive because investors seem to be getting nervous on the retail segment. Traders are still holding on but investors look to be nervous there on the charts.