Quarterly Outlook - Top Idea Picks For Long And Short Basket: Dolat Capital

" BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Dolat Capital Report.Historically, October-December has generally been positive for markets with sharp upmove towards end of Dec (generally referred to as Santa rally!)Talking in terms of technical, Nifty now has two major support, one at 17200/17100 range and then at 16500! We believe, considerable downside to playout in the index only if 17100 is broken and sustained.On upside, believe anything past 18200 on Nifty can lead to material gains with index moving towards 19500-20000 range.Sector specific, we see big risk in IT sector, specifically after seeing sharp upmove but stalling momentum.On other hand, we remain extremely positive on financial services, fast moving consumer goods and pharma indices.. Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner. "

Quarterly Outlook - Top Idea Picks For Long And Short Basket: Dolat Capital