How to play the market ... in this pre-budget rally
The current high in the market is definitely a pre budget rally as all the effects of the previous triggers like 3rd QE earnings and Delhi elections have been left behind.
The euphoria in the market is in expectations of the first full budget by the Modi govt which is ecpected to highlight it's vision for next 5-10 years.
In the current upmove till budget it's a buyers market and it is recommended to buy on every dips you get as opprtunity.
Though we are seeing the banks both private and public languishing , but the pre budget rally will be lead by these banks .... in coming days. And private banks should remain the hot favourite. So it is recmmended to accumulate Axis, Yes, Kotak and Indusind on every dips.
Renewable energy is also become the latest favourite in the market and shares of Suzlon has soared almost 20% plus since last week. This stock can also be accumulated at current levels for a target price of 36-40 in near term.
Happy Investing
The current high in the market is definitely a pre budget rally as all the effects of the previous triggers like 3rd QE earnings and Delhi elections have been left behind.
The euphoria in the market is in expectations of the first full budget by the Modi govt which is ecpected to highlight it's vision for next 5-10 years.
In the current upmove till budget it's a buyers market and it is recommended to buy on every dips you get as opprtunity.
Though we are seeing the banks both private and public languishing , but the pre budget rally will be lead by these banks .... in coming days. And private banks should remain the hot favourite. So it is recmmended to accumulate Axis, Yes, Kotak and Indusind on every dips.
Renewable energy is also become the latest favourite in the market and shares of Suzlon has soared almost 20% plus since last week. This stock can also be accumulated at current levels for a target price of 36-40 in near term.
Happy Investing
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