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Most painful time for us as market participants is when it is in transition and trying to price in new information. This is big money shifting to adjust to new reality. We as trend follower have to watch the blood, in our portfolio and then keep moving from blood to better areas. There is no…
Market will tempt you to go all in. Tempt you to buy extended stocks which will be running like they have no limits. But the moment you get sucked in they will start falling. You will feel hopeless looking at recovering indices while portfolio has no improvement. But why did you expect portfolio to recover…
Your trading performance will be directly proportional to your capacity to remain calm, stable and focused. Market by definition creates whipsaw and does not go up or down in straight line fashion. If it were to do that it would be easiest to handle and everybody would be in market forcing it to change. So…
Stock market is game of probabilities. Just because something has higher probability to happen that does not guarantee the success still. For any guarantee you either need probability of 1 which is certainty of event happening or 0 which is certainty of event not happening. Our job as stock market participant is to add dimension, nuance, edge to increase the probability of stock going in our favour. Never take anything for granted and specially not in the stock market.
We have converted last year’s specific tracker for Deepawali picks to general purpose Deepawali Picks tracker.
You can access it here and it is publicly available.
As you can see if last year’s Deepawali Stocks were held till today you would be up by 140%+ on average and if you were little smart like did not wait for HIL, Vaibhav Global, GPIL to break down and managed to get out of laggards like Bharat Parenterals, Shree Digvijay and SHK you would end up with massive gains. Probably tripling the money in one year.
That of course was mind boggling and nobody knows what next year might do.
Okay. that was little bit of a lie. We did know what is coming for the year that has just gone by and some of you with us since then would recall it. In fact we said something to that effect in public too. You can leave your comment and feedback on below tweet. Thank you.
Disclaimer: Posts on the platforms of BN are our perspective on the market. These are purely meant for learning purposes. The perspective provided should not be construed as investment advice or solicitation to trade. We may have positions in the stock mentioned. You agree to make no trade relying on the above contained information fully or partly. By using the content, you agree to these T&Cs.
If you keep it simple there are only few things to focus on in trading – respect SL both time based and price based, no forced trades, no oversize trades. strict no to overtrading, and ultimately keep your view aside and accept the market as it comes. Market structure is supreme not your opinion. There…
Things are cyclical. Nothing in this world is linear. Some would like to argue time is one directional but then some would say even time is cyclical bringing everything back after a certain point. In that case broadly stock market is cyclical too. This takes us to next logical step of how about the stocks. Are they cyclical too? No doubt about that. For certain stocks, owing to peculiar situation, time period of cyclicality might be of few minutes to few years but everything is cyclical.
Company is into the business of Electronic Manufacturing Services, Plastic Injection Moulding and Printed Circuit Boards and Plastic Manufacturing space.
Basically they are contract manufacturer for Brands.
High debt to equity ratio around 0.97, one third of the profits go in paying interest, low margin business since it is contract manufacturing, and you can put it alongside Dixon and Amber.
Enough of business and fundamental gyan, now let’s move to charts.
As you can see stock has done ATH (all time high) break out after 10 years. This is classic multiyear breakout where business is getting better, government is supportive, few players are there and market happens to like the theme too. Stock has made new ATH but if it does not close above 537 this month then it might take some more time before it runs.
You can see around 290 stock has made double bottom and rallied further. You should take it as case study and share after Jan 2020 where you could have taken the long trades on this one.
As you can see stock on great volumes broke past 10 year high and now retesting recent swing high on lower volumes. This is great sign for what lies ahead. Consolidation during first week of Oct can act as strong support for the stock if it comes to that. Given intense selling that we have seen over last few days but stock actually closed on green last day and day before bounced back sharply after 09:15 AM it is unlikely to go anywhere close to 410 again. There is good buying interest for the stock which will accentuate further in weeks to come.
This one is something that we put out last time in Dec 2020 but probably it never gave the chance to buy since it kept hitting upper circuits. That trade is not part of Tracker because it was just mentioned in Thread.
You can use the 404 as the negation level and it was shared on Oct 20, 2021 for the range of 430-480. Do run it through your checklist before doing anything.
Let us know what you think about this or any other thing for that matter in comment section.
Disclaimer: Posts on the platforms of BN are our perspective on the market. These are purely meant for learning purposes. The perspective provided should not be construed as investment advice or solicitation to trade. We may have positions in the stock mentioned. You agree to make no trade relying on the above contained information fully or partly. By using the content, you agree to these T&Cs.
Please note that below shared chart analysis is our way of sharing market pulse using four stocks. If you are taking trade on any of the stocks mentioned ensure that you have looked at things from all the angles and only after assessing the risk you are doing something.
CG-VAK Software and Exports Limited primarily engages in the development of computer software.Â
Igarashi Motors India Ltd is engaged in the production and export of Permanent Magnet DC Motors for the Automotive Sector especially for the passenger vehicle sector.
Central Depository Services (India) Limited operates as a securities depository in India.Â
Bharti Airtel Ltd is one of the world’s leading providers of telecommunication services with presence in 18 countries representing India, Sri Lanka, 14 countries in Africa.
Disclaimer: Posts on the platforms of BN are our perspective on the market. These are purely meant for learning purposes. The perspective provided should not be construed as investment advice or solicitation to trade. You agree to make no trade relying on the above contained information fully or partly. By using the content, you agree to these T&Cs.
Please note that below shared chart analysis is our way of sharing market pulse using four stocks. If you are taking trade on any of the stocks mentioned ensure that you have looked at things from all the angles and only after assessing the risk you are doing something.
They supply process equipment to the pharmaceutical and chemical industries. They are into corrosion resistant Glass-lined equipment, Mixing Systems, Filtration & Drying Equipment, Engineered Systems and Heavy Engineering Equipment.
It is a leading provider of consulting, technology, outsourcing and next-generation digital services, enabling clients to execute strategies for their digital transformation.
Oracle Financial Services Software Ltd provides financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industry.
Company’s portfolio includes a range of brands including JKTyre, Vikrat, Tornel, Challenger & Blaze for Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.
Disclaimer: Posts on the platforms of BN are our perspective on the market. These are purely meant for learning purposes. The perspective provided should not be construed as investment advice or solicitation to trade. You agree to make no trade relying on the above contained information fully or partly. By using the content, you agree to these T&Cs.
Please note that below shared chart analysis is our way of sharing market pulse using four stocks. If you are taking trade on any of the stocks mentioned ensure that you have looked at things from all the angles and only after assessing the risk you are doing something.
HEG Ltd is India’s leading graphite electrode manufacturer. Watch this video to understand the industry dynamics.
This is the mothership of Adani Group and it continues to throw in new businesses brand new and once matured in public market as IPO. Recent one that is coming for IPO is Adani Wilmar.
ICRA is involved in rating, management consulting and outsourcing and information services. They have had trouble in IL&FS crisis so market punished the stock.
First Swadeshi Bank of India and second largest public sector bank after SBI.
Disclaimer: Posts on the platforms of BN are our perspective on the market. These are purely meant for learning purposes. The perspective provided should not be construed as investment advice or solicitation to trade. We may have positions in the stock mentioned. You agree to make no trade relying on the above contained information fully or partly. By using the content, you agree to these T&Cs.
If you want to define every human activity in one word then it has to be allocation. Since early part of life, we have to learn to allocate our time. Once that is something we get a good hang off then we have to focus on allocating the efforts. You can say this is also a question of trade off. When you are allocating something you have competing options with different rewards and costs associated. You have to decide what rewards are worth of your time and efforts. That is essentially life since birth to death.
As a stock market participant your only job is to allocate your capital properly. What does this mean?
You have your capital in some stocks or other assets. Now your job is to not think what has been happening and what has happened earlier with those stocks and other assets. Your job is to think from here what can happen to these stocks and other assets that you hold. If that does not seem great outcome even if best scenario plays out then you have to probably think about other stocks that you do not hold or asset classes.
You have to be concerned with what happens from here. Your reference point can not be something in the past when you saw the stock or when you first bought it or even your average buy price. Only thing that matters is where it is now and where it could be 3 months from now or whatever time period you look at generally.
Allocating your capital to the best of the ideas which can deliver in your time horizon from here is the only job that you have. Nothing else should concern you because nothing else matters.
Disclaimer: Posts on the platforms of BN are our perspective on the market. These are purely meant for learning purposes. The perspective provided should not be construed as investment advice or solicitation to trade. We may have positions in the stock mentioned. You agree to make no trade relying on the above contained information fully or partly. By using the content, you agree to these T&Cs.