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HomeSTOCKSBuy These Six Stocks For Massive Returns; Short Position Of FIIs Was...

Buy These Six Stocks For Massive Returns; Short Position Of FIIs Was More Than 74%

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After a big rally in the share market, profit booking is seen from higher levels. The market was seen in red on Friday.

Experts say the markets may consolidate in the coming days and remain flat to negative.

In October when the short position of FIIs was more than 74%, we should have shown a little greed in the market. 

They have now bought a long position at 18% and have no short position.

Therefore, we shouldn’t be afraid of the market. You must take the risk on your own.

The expert said that he does not see any risk-reward ratio in the market until the end of the earnings season (Quarter 4 results) because a large part of the positive side of earnings has already been consumed in the market.

About Metal Stocks

For future performance, experts are optimistic about buying Vedanta Ltd, NALCO, and SAIL in case of any fall. UPL Ltd, Naveen Textiles Ltd, and Aarti look good in specialty chemicals.

FII Position

If you observe in the US, you can see that Magnificent Seven is once again enjoying its strongest week in the past three years.

This means that weak numbers or higher-than-expected inflation are being taken into account.

This is typical of a bull market that ignores bad news simply on the pretext that people feel they have missed out.

There is plenty of upside potential in the markets, not just the Indian market. If you remember, in October, when the FII short position was more than 74%, that is when you should have been greedy.

They are now long at 18% and have no short positions.

This is where you should be afraid. You have to take it with your risk-reward in mind. I don’t see any risk-reward unless you get into earnings season when a large portion of the positive side of earnings has already been priced.

There is plenty of upside potential in the markets, including the country’s market. If you go back in time to October, the FII Short position was higher than 74%. 

That’s when you had to get reckless. They are now long at 18% and have no short positions, so you should be afraid here.

Be Stock-Specific

An expert said that it has to be stock-specific. It is not right to be brave and enter the market here; you just have to save yourself. While you wait, look for good midcaps that can grow your holding and keep you in the game.

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