Last Friday might be an exception but for the last few weeks, everything on the street appears good and green. When it happens, there is a case of being selective. The reason, even in a raging bull market, the street never stays in this all good and green mode forever. The street does get selective. It is stocks where there are some improvements in the business operating matrix that tend to weather the storm better. So as an investor, look at every sector, company and their operating and valuation matrix separately and also put that in context of the budget being presented on Tuesday. Because this time the budget will have more impact than it had in the last ten years. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
