Hindalco and TCS are two contrasting stocks representing their respective sectors, sending out a clear message to investors where to invest.
Traders should keep a low profile during the corrective phase and go all out when the market clearly breaks above 9,000 on the Nifty50.
The ongoing rally seems to be taking a pause. Although the indices may be moving in a narrow range, sectorally the stocks can rise on one pretext or the other.
There is bearish consensus for sectors like pharma and telecom, which can be good for contrarian investors, who can lap up these stocks for the long term
Shrugging off all negatives, stock prices continued their upward march. This is in itself the biggest indicator of the bullish undercurrent in the market.
The mkt will enter a wait-and-watch mode and complete the ongoing correction in the intervening period. Investors should keep on accumulating quality stocks
Despite Donald Trump’s strong message, stocks of IT and pharma companies have remained calm, which depicts their unwillingness to go down further.
Significant penetration above 8,300 level of the Nifty50 would further confirm the beginning of a secular bull market rally. Traders should buy stocks on dips.
Investors should take this opportunity to accumulate quality stocks and invest a substantial part of their capital in a well-diversified equity portfolio.
Investors should accumulate quality stocks for the long term, as valuations have turned attractive. It is also the time for year-end review of portfolios.
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