Nifty at new highs. Time to be both, bullish & selective: 6 midcap stocks from different sectors with upside potential of up to 47%

As Nifty and Sensex continue to scale new highs, there is a mixed feeling on the street . How to manage the relationship between opportunity and challenges. Given the way markets are panning out, yes there are opportunities to make returns in a short term. But the challenge is finding the right stock which not only delivers a return in the short term but is also worth holding in the portfolio for the long term. So, one has to strike a balance between being bullish and finding the stocks which in case of a decline in market fall less. While there is no full proof of doing it, there are some simple things that if one looks at before buying the stocks, it would help in finding the stocks which have higher probability delivering return with relative lesser drawn down.