What to buy till 31st March?

FIIs booking profit and LTCG issues will most like keep the market falling till March 31st.

The dilemma is which ones to start buying till 31st:

  1. The ones that are relatively strong and not falling too much : HDFC twins, L&T, Voltas, Symphony, VGuard, Century Plyboards, Avanti, Ashok Leyland etc to name a few
  2. Or, the ones that have corrected and still correcting: ICICI, Canfin, LIC housing, Yes bank. And, now metals (Tata steel, Vedanta etc) due to recent sector specific issues
  3. Or, very badly beaten down ones : RCOm, Kwality, Sintex twins, JP Associates etc.
  4. Or, a combination of these like 30% of option 1, 30% option 2, 10% of option 3 ?

Good Question. In fact i am also confused looking at the fall on what to buy for short term and long term. I am presently picking stocks which have fallen from the recent peak say more than 25%-40% etc. Probability is more for these stocks to rally in April once the earning season begins. To name a few i am taking Vakrangee, PCJ, Rain Industries, JM Financials etc on dips in small lots.