We have been of the view that one should stay away from trading in Nifty futures and should focus on individual stocks particularly mid and small cap segment. We may see action in Mid Cap textile stocks like S. Kumars ltd auto ancilliary like Motherson SS and small tea stock like Assam Company. These stocks have corrected and are resuming their uptrend.
We had earlier expressed our view on Alok Industries and Arvind Mills. They are now back into action again.
Our caveat is take small position in one or two stocks and be quick to take money off the table.
Friday, September 4, 2009
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