Feroze Azeez on what to bet on with a one-, three-, and five-year horizon.

Feroze Azeez, Deputy CEO of Anand Rathi Wealth Limited, says he likes the financial services area for a year because it has not given a long-term average in the previous three years. In countries like ours, financial services have had to perform a lot of cleaning up after COVID. The influence on valuations is still not completely felt. Azeez likes the rail and highways space for two and a half to three years, and for the really long term, five years, he is willing to bet big. What do you think is causing the market's dramatic surge? We appear to be on track for 23,000. But what are the triggers? Feroze Azeez If you look at how the market has been positioned, the FII long and short ratio is a leading indicator of where the markets may be squeezed. The shorts have been up to 65%, while FII long holdings have been 35%; I am referring to index futures. When you look at this as a lead indication, any time there is a move, short squeeze happens when the short build-up is larger than 65-7