ASHWANI GUJRAL,chief Market Strategist,Ashwani Gujral.Com,
Auto stocks best bought before budget,Till the budget, the sector will remain under pressure. But what we have seen in previous budgets is that if the worst does not happen, these stocks tend to have pretty sharp rallies. So the downside will get captured before the budget and probably at those levels, longer term investors can get in. From there they might be able to get at least a trading rally if nothing else. So these stocks are best bought before the budget, one day before or say the same day before its announced.
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