Will be bearish for the next day or two: Sandeep Wagle

In a chat with ET Now, Sandeep Wagle, Founder & CEO of Power My Wealth shares his thoughts on the market. Excerpts:

ET Now: What are your ideas, stepping into the last 45 minutes?

Sandeep Wagle: I would be a bit on the bearish side talking of the next day or two till expiry. I am not talking of a 300-400 points correction on the Nifty, but certainly 80 to 100 points correction looks very likely.

There are some stocks in the pharma space, but I would like to buy them at lower levels. HCL Tech in the IT space also looks good, but I would play on the downside for the next couple of days.