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Every stock has a story. That story is represented in concise form via chart of the stock. Doing price action analysis is detailing the story and using the preceding events to figure out likely near future outlook. This is what price action trading is. If you add your overall understanding about business, industry, management and …
In a world where everybody is increasingly becoming so sure about everything that they do, if you have ways to figure out when you are wrong then it becomes an edge. That precisely is our edge over all kinds of investors. Investors do extensive work on business, financials, management and what not before actually investing. …
Neither every great company is great stock nor every bad company is bad stock. There is time for everything and one has to be able to discern one from another. PSU Banks are in interesting phase and you can gauge that by first SBI having multi year break out and later we also talked about …
Continue reading “Time For Gov Owned Assets To Catch Fancy?“
In market few stocks will be rallying up even if market is breaking down and on the contrary few stocks which will be making newer lows despite market making newer highs. Basically Market has shifting drama pools. Our job is to find where drama is going to begin next or has just started. Financials is …
That idea of “watching paint dry” or “watching grass grow” equivalent to being in the market and make money is a hogwash sold to you. Earlier you junk this better off you will be. It is meant for institutions or billionaires. You are neither. Why put the onerous conditions then? We have limited capital which …
There is always underlying deeper understanding in the moves in market. The trouble is that understanding is beyond the ability of the most people active in the market. After the move materializes many people come out with Maine Bola Tha syndrome but are lost if things start going awry. Technical analyst articulate same as you …
Platform businesses have strong business economics and network effects. With every increasing user of the platform costs barely rise so the revenue directly goes to the bottom line. These are high leverage business in that sense. Every new user has to first analyse which platform he wants to join and he has to evaluate the …
There are weeks when nothing happens and then there are days where years happens – for a stock. Our job is to shorten those weeks and try to cut it out by focusing on right entry points with low risk and when years start happening in days then by adopting some method of profit booking …
By now we are familiar with the importance of multi year break outs and ATH break outs. We have played that nicely in Tips and stock was good enough to provide multiple opportunities to trade around the core position. Another such stock is Goldiam which we shared but could not write the post and it …
Nobody knows what might happen tomorrow in the market. If anybody has sold you something which predicts what will happen tomorrow then you have been duped. Market being probabilistic game thus nobody being able to predict what might happen next is what makes it interesting. And it is going to remain this way for long …