So as expected, FII have taken out money to rebalance their portfolios. Markets have corrected. This intermediate trend provides great buying opportunity for retail investors like us. Buy now and hold till March and i think we should we rewarded. However the first rule of investing in stocks is to remain patient. If you cant sleep properly after investing then stay out and invest in ELSS or other Mutual funds.
But do invest in some way.
My pics at current levels will remain as DLF, Reliance, JPAssociates, Karutui Networks, Religare, Crisil, Edelweiss (below 1450). One trading pick that i've been hearing is Assam Company (around 45/-) but people with high risk profile should go for it.
(Disclaimer*)
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