Time to take some money off the table for weekend.

Our pre -budget trading view to go long on IT and Mid cap pharma stock has resulted in good amount of profits in our trading account.

Our individual stock specific ideas like Polaris , Biocon Ltd and others have reached their first price target.

Its time to book partial profits and take some money off the table to enjoy the weekend.

Markets are moving up and Nifty has now support at 5130.Next week if global cues are also supportive then we may see some action in Mid cap space. Keep financial stock on your radar , Oil and gas is another space to watch for.

Will post our weekly reading material soon.

Have a nice weekend ahead.