Stocks and Sectors at Life Time High

There are many stocks which are trading at all time high . While Nifty is yet to catch its life time high level of 6357 the following stocks are trading at life time high. What does this indicate? It indicates that these stocks are at present have more relative strength than Nifty and they may continue to outperform Nifty in near future too.
How one should trade them ? The best way to trade is buy the stocks on dips.The stocks are :

Mphasis
Infosys
Nestle
Proctor and Gamble
Marico
Dabur India
Mcleod Russel
Torrent Power
Rec Ltd
Jayshree Tea
Exide Industries
Amar Raja Batteries
Rallies India
Godrej Consumer
Mahindera and mahindera
Maruti
Hero honda
Lupin
Dr Reddy
Renuka Sugars

LICHF
Central Bank,
Yes Bank
PNB

Sesa Goa

If you further classify the above stocks into sectors- the sectors are FMCG including Sugar and Tea , Auto, Auto Ancillary , Pharma and to some extent Finance .
These sectors should continue to do well and one should have exposure in select stocks of these sectors, ie one should not buy all stocks but have exposure to some stocks of all sectors.
These stocks will correct and find support at 20 - 50 EMA on daily chart. The best way is to buy these stocks near 50 Ema with small quantity and then add more once it trades above 20 EMA . Sometimes it may not retest 50 EMA then the best way is to buy near 20 EMA.
One can find the charts of all the stocks on http://www.icharts.in/charts.html

If you have been following our blogs regularly then you may find that we have discussed about most of the stocks.

We discussed about Baltic Dry Index on our blog on 11 November . Money Control also discussed about it on 20-11-09.