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

1월 18일

• 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.