The 2% Ledger

[sridhga]

Cupid limited is in the business of manufacturing contraceptives. Its EPS for FY 18-19 was Rs. 11.40 For the first half of 2019-20, Sales doubled and profit more than doubled. It is a zero debt company. It qualifies for our shining star category. I made staggered entry into the scrip and am waiting for an exit. The share is on an uptrend during the last 4 months. I expect it to cross its 52 week high 240 in less than 2 months. Currently the share is at 199 and if it falls further I may consider adding to this. I am holding 40 shares @204 as detailed earlier in this thread. I am hoping that it gives me a profitable exit.

 

[sridhga]

A couple of months ago a friend of mine asked me if he can invest in Tamo when it was at 120. I said I was not sure. But Tamo now shows a bump and run reversal bottom. So I guess, Tamo will keep moving up here after to hit a target of Rs. 230 where this pattern started. As per Thomas Bulkowiski in his book "Encyclopedia of Chart Patterns", it is one of the better performing chart patterns. I am seriously looking at this scrip for trading.

 

[sridhga]

My GTT sale order for Bergepaint got taken out at 509. Now moved that investment into Yesbank

 

[sridhga]

Robots in finance could wipe out some of its highest-paying jobs



Read more at:
//economictimes.indiatimes.com/articleshow/72411367.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 

[moneymanager1980]

from oct 20 the start of this thread to till date how much the progress ? u started with 15k now how much it worth ? just get an idea iam asking this .. just ignore if u don't want to disclose..

 

[sridhga]

from oct 20 the start of this thread to till date how much the progress ? u started with 15k now how much it worth ? just get an idea iam asking this .. just ignore if u don't want to disclose..

I gradually increased the capital to 50K. The account is now showing a profit of 11,562.1

Progress report attached.

 

[moneymanager1980]

I gradually increased it to 50K. The account is now showing a profit of 11,562.1

Progress report attached.

great .. congrats ..

 

[moneymanager1980]

I gradually increased the capital to 50K. The account is now showing a profit of 11,562.1

Progress report attached.

dude on 22 nd october mkt is at 11588 .. and now at 11922 .. so generally 2% up bound to hit .. and this works fine and great till mkt moves up .. need to see how this progress taking shape in case mkt moves down .. i could be wrong.. just sharing my views .. but u did great job i guess

 

[sridhga]

Bata seems to enter a new wave?

Note: Bata is on our shining star list. It gave me more than 15% of all profits made under this approach.

I will always track Bata. Just as they say "Jesus never fails", for me, Bata never fails.

 

[sridhga]

Since April, TCS is stuck in 2000~2250 range. It is not breaking out of this despite delivering decent fundamental performance. Maybe I should look for playing within that channel?

Note: TCS does not qualify for our shining star category.