Trend is okay in the midcap stocks: Angel Broking

Shardul Kulkarni, Sr Technical Analyst, Angel Broking, in a chat with ET Now talks about market trends.

Shardul Kulkarni, Sr Technical Analyst, Angel Broking, in a chat with ET Now talks about market trends.

Is there anything which you think has that stability or any sectoral stability where you think the trend is okay?

The trend is okay in the midcap stocks. If you look at the BSE500 rather than the BSE30, the BSE500 offers you much more opportunities, specifically if you look at the midcap stocks. You can look at a Godrej Industries, that is a good stock to buy. The other one in the textile space is the Arvind Mills.
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