Indian stock market has been doing well for last some days. It has bought back not only relief for the existing investors but also, optimism on the Dalal Street. Stock markets have gone through a lot of beating in the last few months. It has pushed away the short term traders away from the stock market.Recent up rise has bought them back, but they are not sure what stocks to pick because lot of stocks have already moved up.Picking up long term stock is comparatively easy than picking up for short term trading. Best stocks for long term are those which are fundamentally good and belongs to sector which is expected to perform well in the next 1-3 year time frame. But even a good fundamentally stock may fall in short term which is a good opportunity to accumulate them for long term, but for short term traders that is immaterial.Best stock term stocks for 2010 were a mixed bag of large cap, mid cap and small cap stocks but equation is completely different in 2011. Since its inception, year has been bad for stocks. Stock market has been gone through a lot of pain. Stock market has fallen consistently and there are lot of Geo-Political factors which are still unclear.

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