Have a lot of stocks sitting in your portfolio for years and not growing? Have an eye on a good growing trend stock? Have a stock that is a huge part of your portfolio, but did not get around to sell and churn it?
Time to make the changes. The markets though are trading at all time high, it is a period where you can look at changing your portfolio. You will get excellent returns on your old stocks (at least from last year). They may still go up. But you can also expect deep corrections while we scale to a Nifty 7K goal in the next 2 years. Use some of these to switch. Sell when you get some good prices on a given day for your stock (up 10% in a week/10 days). Then wait for corrections on the way to buy your list of stocks you wanted to.
For me, I am selling IT (watch currency trend), investing in Infra, Oil and Banks. You can take your calls...Happy investing!
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