Last Diwali, Nishit and I had prepared a Diwali Picks presentation.You may view them at ,
The performance is shown in the chart below.
The peak performance was 26 pc and average was 20 pc as compared to 6 and 6.8 pc of the Nifty.both of us got the feeling that markets were ripening for a correction , so decided to review and give some followup view.
We would recommend booking 50% of the portfolio and remaining in cash. Some of the things we noticed:
1. Maruti Sales have recorded all time highs since Diwali, but share prices have gone no where.
2. Titan is a mid-cap which has doubled i value. Each portfolio needs to have certain mid caps.
3. Nifty has gone nowhere but individual stocks have given returns.
Happy Trading !!