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BUYING OPPORTUNITY IN THE MARKET ?

Currently Market is offering an excellent Risk : Reward. I know how hard it is right now to build positions, that is why i have a focused approach(Nifty 100 only). Whenever the market is going to give you Risk : Reward things are not going to be rosy. I carry out 1 exercise on the weekend to check the market breadth when markets are falling. I couldn't post last weekend but i will try to post it this weekend. It immensely helps me in building a hypothesis. In my post i mentioned that buying Opportunity currently exists in the market but Risk : Reward wise Banks, FMCG , Metals are an excellent bet at this stage. Also stocks from Nifty 100 are exhibiting strength wrt to Broader market .ie. Nifty 500, Nifty 750. Check out here - https://share.gvine.app/df3TRVcpCV5VF81M7 I have gone behind Bank Nifty Fut today but with 50% of intended Scale in. I will scale up another 50% after some stability in Nifty. I have gone behind Bank Nifty FUT and not options. The journey is not going to be smooth on the upside, momentum is missing so dabble into options only if you understand risk. Now, I have started to build a newer position in a few counters but they are from the Nifty 100 list only. For the time being Nifty 100 is my only universe. I am tracking stocks from small cap, mid cap space as well but i wont buy anything unless those indices become stable. ABB, HAVELLS, COLPAL , ICICPRULI , JINDAL S, TATA S. Except Havells all of them have given an entry opportunity and Risk : Reward is great. TATA M, M&M, DLF are eg of stocks that will offer opportunity. In one of my posts I mentioned that i want to go behind M&M but risk : reward is skewed. Now i might get an opportunity. Out of Auto, Realty i will just go behind 1 Stock. Global and US markets are stable. Let's see what we do. I have my Stop losses in place, if things start going south, i will simply cut out.

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