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Thursday, February 18, 2010

The bull market in natural resources is still very much intact. Look for Metals & Banks Stock.

For the next three to six months, the markets will be shifting into a period of extreme volatility. It will be characterized by wild swings that will spook even the savviest and most professional of traders. One must trade with caution and strict stoploss. My favorite will be Metal stocks because the world is facing a massive shortage of basic natural resources that will, in just a few years, reach crisis levels.
  • Pick any stock - SAIL, Tata Steel or JSW Steel
  • Pick any stock - SBI or IDBI
  • Stay with long position in Nifty Future & Options Calls.

-JK, Lead Associate, SLT