High tide ya Low tide...Always tidy

Almost 6 months now since i last actively traded. But that hasnt killed my interests in visiting Dallal street again. So Im reading a few articles, watching shows on NDTV Profit these days to get myself back upto speed with the trends in the market. And below is a summary of what has been happening over the last couple of months in the Sensex(jus in case u jus woke up, like i did).

The markets have fallen by more than 2000 points in the past one month after touching a lifetime high of 14723 levels with selling in banking & technology stocks on the back of domestic & global cues. However, correction has created attractive buying opportunity in the frontline as well as mid-cap space and has outdone the concern over fundamentals as earnings growth outlook is still robust.

So there it is. My title justified.:D. And the mantra becomes more clearer.

Exit at Summits and Enter at Valleys

Well here are my picks:

Frontline stock
Infosys at 2050 looks very very attractive. See why?

Midcap
IGate at 376 expected to climb a possible 50%

However, caution beeps keep coming from a sector of the brokers. Angel Broking warns, in a leading daily, that there may be a flip side to the valuation story. “A drop from their peak levels doesn’t make a stock cheap. During the period under consideration, the overall economic scenario has changed. Things aren’t as compelling as they were in May 2006.”

But remember, "Fortune favours the brave"(Sidduism???)