Time to rotate from India PSU to Pharma for a 25% outperformance


  • If you're in the India PSU trade, they have run up significantly recently.
  • Even if they want to continue the rally, it is probably time for a weekly tf drawdown.
  • Pharma on the other hand has been rallying up.
  • I have rotated from PSU to Pharma. There is 25% upside in a few week timeframe.
  • Short Banks, long Pharma and Commodity based equity may be a good trade.


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