I find lot of similarities in our stock dealings. My 95% stock holding is in Mid and small caps. I also would seel them when euphoria builds up. i also buys Nifty Puts but I lost in derivatives more than the gains. Please watch for 1. Shree Lakshmi Cotsyn 2. Bartronics India 3. Wellspun Gujarat Stalrohen
would inform some good staock later. Hi Priya..at 62 PE, i don't find valus in Rungta. Iam not going to buy it until convinced about the Financials. Thanks Raju for providing the CMP and PE.
Priya auntyji namaskar, You have 10-15 yrs of exp in stock market. I hope,i will able to learn something from u. I like ur secret way of trading and can't ignore u.
u have abondaned rungta irrigation.and i bought more today as crossed my levels and now i have become bullish.today was the first move of my wait.that why people sell stocks which achieve their targets.and loose out mostly because that may be start of a rise.as i track this co.
u just watch out and see the rates of this co after medium term.u will regret heavily.
well i have been buying thangamyil earlier to shree ganesh from the day cross 83-85.and im bullish there.
i will selll ganesh as i find good stocks than this to release fund.
rungta is something i watch since listing.something will cook here.my inner conscience of 10-15 yrs of stock market.i cant explain why it move up.but it may.look at charts and buy on technicals.
else im a value buyer.been buying stocks that touch 52 week high because tthey again touch highs.and trading money gains always made from this strategy which only few people know.its a secret way to make money.
else i sell puts of nifty 4000-4500 next 2-4 months.as im buyer in markets at those levels.and i hav core portfolio os large mid cap stocks.
and small %age i keep for trading with 52 high stocks startegy.and it worts as i know which stock will move up tomorrow quite easily by this strategy.
and when i buy my investments at good valuations i dont trade in them till a euphoria builds.now i see no good valuations so i sell nifty/shares puts.but hold investments as no need to sell in non europhia mkts.as mkts fairy priced now.
No..please do not mistake me. I lost heavily in share market between 2005 & 2006. Now also i have few dumps. But i feel i have the ability to spot good stocks. i will also share my holdings for the benefit of all this forum. But please do your research. Books like Capital Market, Dalal Street, Corporate India, Outlook Profit, Money life..and Newspapers ET, Business Line gives lot of insight in to various stocks, profitability..etc..etc..when anybody gives tips..take some pain to study the fundamentals and invest. As Ravi wrote sometimes fundamentally strong companies also halves in price...but do remember..it would be the fundamentally strong companies which would bounce back faster once mood changes. Hi
Can you tell the reason behind yourself writing "Rungta irrigation" as multibagger. If conincing I would also buy. Certainly this night i would try to learn more about Rungta. Could you offer some comments too on this company..please..
Nice to hear from you. believe me..I bought Amtek India at Rs 49 and Ahmednager forging at Rs 58 after recent Merger talks with Amtek auto. I still hold Amtek India but sold ahmednagar forging at Rs 98..unfortunately it went further up. My advice : Now Pharma and Steel companies looks hot. Friday i boughy "Marathon Nextgen" just 20 shares at Rs 394. Today it hit top circuit. Hi friends Iam not an expert but I do lot of research. Please do your research before buying. Happy invsting. Hi
i also have amtek india at 52 ;evele and ahmednagar forgings from 73 levels.
not im buying thangamalyi jewellery when it crossed 85.and im buying rungta irrigation.this could be a multibagger.i have my conviction.im holding on to my sbi cairn rel infra etc in large cap which i add only ovey years.
What to do Raju. i find lot of people, including you, are writing irrelevant materials. So Iam trying to figure out the same. Bye the Bye raju I asked people last week in this forum to buy 'Spice Mobiles" @ Rs 39 and "Amtek India" @ Rs 68. Today spice Mobiles is at Rs 51.5 with no sellers 9Top Circuit) and Amtek India at Rs 75. who listens to analysts. Hi..Iam a funtamental analyst and trade is fundamentally strong companies based on Technical analysis.
So..your target is ever share should be positive. I have an idea for you to avoid negatibve ones..yes..If you end up in negative..sell those so in your screen all would be positive.
348. Ravi, Bangalore, It does't be a problem, first my point is, all scripts should be positive irrespective of 10P gain or 1000Rs gain in my account, there is no much difference for me between 5Rs and 115Rs, that's the only reason I tried 6 times intraday and lost 70Rs(+45 brokerage), I don't have any technical knowledge, sometimes works sometimes not, FYI I have earned 5600 in GVK Power in only doing intraday and 2500 in KFA in intraday only.
You analyse your trade. To cover Rs.5, you have taken a risk of Rs.15. Because of such problem, 95% traders are losers.
In my experience, to earn Rs.10, take a risk of Rs.3. Even if you loose two or three trades, one or two successful trades will make-up. To identify levels, you need some system like charts, Pivot Calculator, Fibonacci Retracement or Moving Averages, RSI, MACD etc. If you don't have that simply avoid intra-day trading.
Both technical analysis & fundamental analysis have its place in stock market. Skeptics may criticise technicals, but how can you justify a stock doubling or tripling or halving in just two months. In 90% cases, fundamentals might have not changed so drastically in such a short period.