IT and pharma will outperform Bank Nifty relatively over the next couple of years: Gaurav Bissa

“One can buy Pidilite for levels of Rs 2,700, keeping a stop loss at Rs 2,595. Second recommendation is a conditional sell call on Axis Bank. It is forming a classical case of double top formation which is also corroborated by RSI divergences. Sell Axis Bank below Rs 1108, keeping stop loss at Rs 1,130 and playing for a target of Rs 1070.”

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