I keep continuously selling in small quantity as the market is going up ...like I am selling Bajaj Finance ,HDFC Bank now.....in every small dip I will buy and sell in rally again.......but after Rs 3500 in Bajaj Finance I an a seller in every rally....I am booking profits and parking the money in short term bonds....this fund earns interest and it will be used to buy the same stocks in deep correction...till then they earn 8 % interest.......so while selling I will sell in inverted U and in buying I will buy in U formation when the stock comes in my selling/buying range.
I can also use these funds to buy a large quantity of any stock which breaks out and make 2-3 % which adds to 8 % we get in bonds....
Smart_trade