When stocks breakout because they are part of the bigger bullish theme, then one should just wholeheartedly participate in that move. There are six themes that are exhibiting strong momentum and the best way to participate – Add one stock of each theme in the portfolio and ride the gains. Even if 2-3 work out, it will result in sharp gains provided you are ruthless in cutting losers.
Theme # 1: Hospital and Healthcare stocks [Apollo Hospitals, Fortis, Dr Lalpath Labs, Thyrocare, Metropolis, Narayan Hrudalaya]. Example: Apollo Hospitals and Fortis offered opportunity earlier this week and are now on move.
Theme # 2: Financial Services [HDFC AMC, HDFC Life, ICICI Pru, SBI Life]. The new stock that seems to have joined the part: Max Financial Services. It’s close your eyes and buy kind of situation as of now.
Source: Chartalert.com
Theme # 3: Engineering and Equipment [Siemens, Voltas]. Both Siemens and Voltas are excellent buy on declines. Here’s Voltas for you
Theme # 4: Paint and Varnish stocks [Berger Paints, Kansai Nerolac and Akzo Nobel]. I have shared once the opportunity emerged in these names
Theme # 5: Gas stocks [Petronet, IGL, GSPL, Gujarat Gas]. I have shared once the opportunity emerged in these names
Theme # 6: Railway stocks [IRCTC, Container Corp, RITES]. I have shared once the opportunity emerged in these names
Please do your own due diligence before trading/investing.
Anil Jain says
thank u sir… want little update on silver .. as it is my business …
Deepak Singh says
I am following Silver. It’s pulling back – if it bounces from 15.5 – it can start fresh momentum…so keep an eye there. I will write a detailed note soon
Karna P Singh says
Hi Deepak Jee,
What is your view on icici security now after today’s fall?
Karna P Singh says
Any view on icici security at current price?
Deepak Singh says