been buying thangamalyi,indiabulls in large qty--10000,and rungta irrigation,icra ansal housings etc....these just fall under 10-20% of my total portfolio.
all look set for a multibagger returns. otherwise most of fund allocation in large caps like sbi cairns rel infra rcom idea reliance most psu banks pvt banks as 805 my portfolio is financials.they are less frequintly traded and form 60-80% portfolio.
and above that im always on 50% cash for ipo and buy stocks when nifty crash 50% sell puts.thats strategy.
During some-time, most traders earn good money. That is Lady Luck! But how many will take cheque home? Most people don't take home, that is destiny!!!
Trading requires automation. Otherwise, you can't control emotion. When your portfolico is not doing well or any big loss come to your mind, you take large bet, hasty & aggressive trading decision. That will result in disaster.
just i gone through some websites. Let me learn this Pivotal andi fibni...etc. Give me some time to learn. Thanks for your interest in teaching me on Technicals.
Suddenly, any stock may become bearish. You need to check in Pivot & Fibonacci Scale. Fine-tuning in Chart is important. In Chart, you get High, Low & Closing price for any day.
To make money, you have to eat Jilebi (i.e. put-in hard-work to learn).
Keep reading about technical analysis in web-sites (not only about technical but also about fundamentals). Importantly, try your knowledge in real-world. Take criticism in positive spirit. Some Board-Members may criticise you saying that technicals will not work. You have to analyse what went wrong & move on.
Prima facie it appears Jilebi..I mean..confusing. anyhow will try to learn this Technical art of analysing stocks. anyhow thanks for your clarifications
I don't have tools & techniques to recommend for intra-day. Moreover, this site is for IPOs only.
In Pivot Point Calculator, I buy when it closes above Pivot levels in weekly or monthly chart as well as when it crosses 61.8% retracement level in Fibonacci scale.
I sell (or short) when it closes below 37.8% in Fibonacci as well as it stays below Pivot level.
More failures for intra-day, however, more success if you try for weekly / monthly charts.
Pivot Point is where the price should be (Mid-Point). That means, buyers & sellers are fighting (In Fibonacci 61.8% means bullish because after crossing 50% buyer won the battle). If stock closes below Pivot level (Mid-Point), seller won the battle (in Fibonacci scale if closes below 37.8%). Logic is in Fibonacci 61.8% is more than 50% that is buyer won the battle. Similarly below 37.8% (less than 50%, seller won the battle).
Pivot Point Calculators & Fibonacci are available in web-sites. Just type "Pivot Point Calculator" / "Fibonacci" in Google.
Try yourself for any stock for any period, daily, weekly or monthly.
If you are able to predict whether "Rungta Irrigation" is multi-bagger or not, then it means you learnt the art.
Other than IPOs, I don't give my view for any stocks.
For fundamentals, check moneycontrol.com brokerage reports & in financial dailies, magazines etc. Lot of reports you can get. Finally, after reading brokerage recommendations, take your own decision. If they recommend based on two year earnings, AVOID. However, if they recommend on one-year forward earnings & indicates CAGAR growth for next 3 or 5 years, then it is fundamentally OK.
well im not auntiji. ive been having interest in finance and a student since i was in std 8-9.hence now im 33.but i have seen markets for more than 15 yrs...it was a hobby that started business news etc etc....since young age. even people start their sports field from 7-9 yrs... whatever.bye