Market Strategy
With the NIFTY trading close to 5000 levels, everybody is thinking of strategies to play this rally. There are many who missed buying in this correction because they were expecting 4300 on the NIFTY. The current uptrend might be fuelled by such players.
So if you are a momentum player, it is a good time to make some money. But if you are a value player, then it might make sense to cash out in this rally and sit tight till the next big correction happens.
We are getting out of our value portfolios as we are not finding good value and shifting to an overweight on momentum portfolios. You might have to indulge in a bit of sector rotation to play this momentum game. Also keep an eye onĀ precious metals like Gold and Silver which have been steadily rising.
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