Market Momentum Builds: Q3 Hopes High, Venezuela Shakes Oil. Your Profit Strategy?

• Q3 results and earnings season show strong potential, with positive auto sales and quarterly updates driving market optimism.
• US military action in Venezuela, capturing President Maduro, could lead to increased oil production and lower crude prices long-term.
• Crude oil prices are unlikely to exceed $70 based on fundamentals, a positive for India's macro economy.
• Market strategy advises focusing on large-cap stocks (auto, PSU banks, NBFCs), avoiding most small-caps and IPOs.
• Nifty and Bank Nifty strategies suggest buying on dips with trailing stop losses, emphasizing market momentum.

Why It Matters: Positive Q3 outlook and Venezuela's oil impact shape market strategy; focus on large-caps with trailing SL.