Workmen's Long only trading in Equities

#61
The following changes to the portfolio would be effective from next trading day.

1. If Apar Ind trades below Rs.585, I would buy one more share.
2. Havells India, I would add 2 more at current price.
3. Pidilite Industries, I would add 2 more at current price.

Earlier, we thought to add the positions in respect of Mindtree and TechM.

Tech M has bounced nicely...so add is put off.
Mindtree is still hanging....temporarily add is put on hold.
Suri Sir, Watch for Hexaware as well. It is looking to break out.
 

suri112000

Well-Known Member
#65
Investors should be cautious while investing in stocks for long term.

Technically Nifty spot has rung danger signal. SMA 50 has crossed down SMA 200 which is considered as Death Cross.

Two out of three times it indicates a downtrend or bearish crash.

On death cross, it is prudent to exit all long holdings and enter liquid or debt instruments or be in cash until Nifty shows Golden Cross.
 

suri112000

Well-Known Member
#67
The following changes to the portfolio would be effective from next trading day.

1. If Apar Ind trades below Rs.585, I would buy one more share.
2. Havells India, I would add 2 more at current price.
3. Pidilite Industries, I would add 2 more at current price.

Earlier, we thought to add the positions in respect of Mindtree and TechM.

Tech M has bounced nicely...so add is put off.
Mindtree is still hanging....temporarily add is put on hold.
Apar Industries now quoting at around Rs.750. Nice move up.
 

suri112000

Well-Known Member
#68
Marvelous stocks for year 2020.

Bodal Chemicals - 168
Balmer Lawrie -236
APL Apollo - 1467
GIC Housing - 535
J Kumar Infr - 294
Aarthi Industries - 900
Deepak Fertilsers -251
Essel Propack -262
PI Industries -810
Avanthi Feeds -1413

Rs.6336 total

would start SIP when the total comes below Rs.5000
 
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suri112000

Well-Known Member
#70
The legend Warren Buffet said,
"If your investments donot grow while you sleep, you tend to work for money till death"
The wisdom is intraday trading profits donot grow while you asleep.
The short term trading wont allow you to sleep. So, you are awake in short term trading inspite of lying in the bed.

The profit from stock markets should come so easily as the promotors of the company go for golf inspite of plummeting their company share value. They know it is operators who speculate the prices.

Find the company whose promoters are as cool as hardened Ice.

Crash of Sunpharma almost of 50% from its peak. Investors have burnt their fingers. As such, promotors also should have. But they are as cool as an Iceberg. They know what is inevitable in the future.

Are you able to see through the future of Sunpharma.
 

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