Buy on dips and take part of your profits on rises now: Deepak Jasani

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Key Points

Deepak Jasani, Sr VP - Head Retail Research, HDFC Securities, says if we have two large negative triggers coming back to back on a global level, then probably the risk appetite of the foreign investors may shrink and their pace of selling could increase but I do not know whether that will happen and when that will happen..

So, till that time, buy on dips and maybe taking part of your profits on rises could be a good strategy to follow...

Are you fond of cricket, I mean who would not in India?.

What are those areas of the market which you really like in terms of structural stories, good quality earnings, etc and where you are looking at raising exposure if the market falls 5% to 10% in the next few months?..

Now, if you want to play indirectly, then you have to take into account the competitive scenario in whatever space you are looking at, whether it is cement, building materials, etc, etc, and those industries have their own cycles...