Nifty can go up to 4000 by May-end: Devesh Kumar
April 13th, 2009
Devesh Kumar, Centrum Finance: I expect the market to remain volatile with a positive bias. The Nifty can go up to 4000 by May-end. The uptrend is driven by sentiment and liquidity rather than fundamentals.
Siddharth Bhamre, Angel Broking: While I am not advising fresh shorts, I would suggest unwinding of long positions around 3300-3350. I would go long again on dips at 3150-3200. I expect volatility to pick up but market should remain ranged. I like infra and banking stocks.