Given that most sectors are outperforming the Nifty index, perhaps it’s an opportune time to simply follow the trend with a trailing stop loss. However, it’s crucial to exercise caution when considering new substantial investments. Only take risks if you thoroughly understand the potential risks involved and have the capacity to weather any market shakeouts.
Two sectors which caught my attention is consumer durable and FMCG. Overall structure of trend is still strong and there is minor pullback. See how beautifully it has respected 50 days moving average. There could be potential opportunities worth exploring here.
Leave a Reply