Mar 21, 2017 10:04 AM IST | Source: Moneycontrol.com

Consolidation phase

This is your pre-market set up, well the market gave you a buying opportunity yesterday and looks like if you bought yesterday today itself you may get rewarded, even if you don’t, chances are that you will at some point during next few days. As long as 9,000 is holding you got to buy all dips, all consolidations and the market will once again have that big breakout which will reward you. Now the stocks to focus on I think ITC, Reliance, HDFC twins; I mean if you are looking at Index stocks these are the stocks which clearly are now in a firm leadership position.

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Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com.

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