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At current juncture

At current juncture market has got stuck between ifs and but...between 7500 to 7700...but for serious long term investors its a good time to pick up stocks with a view of 3 years...sure there will be a disappointment in budget as expectations are too high, but from a very laymen language 50 days moving average is close to 7100 that is also rising with speed, may expiry was at 7230 thats a great support area, would urge all investors to accumulate quality brands and if there is any dip to add more, my top picks are Infosys( huge pessimism , shorts, worry of business model etc) , Castrol ( low float, expecting huge revival in auto sector as we are at peak of interest rate cycle) Mahindra holidays( huge tourism boost expected for next 5 years, anticipating NRI memberships , strong management with shareholding closer to 75 percent ) , Tata global beverages ( strong breakout after a long consolidation huge surprises seen ahead) , Amrutanjan ( very defensive valuations) (Ayurveda being a BJP manifesto will give a rerating to the stock, we saw a strong break out above 150 ) Targets can be multiple from here.


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