“Things are looking little better and they seem to be little ahead of the curve. They have completed correction ahead of global market,” says Aditya Arora, Adlytick.

Do you believe that the markets are also ready to make a win?
Aditya Arora: Exactly. Markets are ready to win. Today morning it was a tough fight between bulls and bears wherein the GIFT Nifty was in red, but the performance right now is very impressive and it is clearly an outperformance and that may continue. And the important highlight is various pockets are doing well. As you mentioned a while back, FMCG basket is doing well. Metal sector is doing well. So, there would be pockets which will do well despite market being a little turbulent, given that FIIs are a little short on the index front and international markets are also a little topsy-turvy. But domestically, things are looking little better and they seem to be little ahead of the curve. They have completed correction ahead of global market.

So, now they may not be so much affected by the global correction as it seems today and for the past few days Indian markets are doing well, so that relative outperformance may continue and certain pockets will continue to shine.

But help us understand that which pockets are something that you should be watching out for, where is the trader or the investor interest coming back at this point in time because for today as well there is a bit of a sector churning that is underway because some of these sectors like metals, FMCG, they are seen to be making a comeback. What is your view?
Aditya Arora: Yes, absolutely. My pick is also FMCG and this pocket also corrected prior to the market correction and it has completed its correction. Now, after a peace formation, this is now ready to move up. So, FMCG is my pick. First stock from FMCG basket is Hindustan Unilever, which is one of the biggest players in FMCG space and after a brief consolidation, this stock is showing good volume accumulation and breakout, so that is a buy candidate at 2257, stop loss is 2200, and target is 2320, so this is the first one.

Second one is again from FMCG basket, and the name of the stock is Emami. This is a bullish candidate at 565.20, stop loss is 524, and target is 605.