The buy-and-hold strategy might not work in 2011. Trading could be the right option in a market facing risks of rising oil prices and strong dollar index.
A catastrophic decline is not envisaged and it will be a stockpicker's market in the future as valuations seem high. A simple approach would be to invest via a systematic investment plan.<br />
The Nifty's resilience in the face of the European crisis has boosted its technical outlook and the anticipation that it will touch pre-downturn peaks.