United Spirits Ltd - Monthly Log Scale 🍻

Balaji Amines - Double top buy active on 1%*3 PnF.

Asian Paints - you need to be flexible for the chart reading. Do not try to impose a pattern when there is none. Sometimes, a simple trend line would serve the purpose.

Here, please understand the concept of the "Internal Trend Line" and its significance.

Borosil Renewables - Patterns like these must be looked at carefully and must be kept on the radar. Herein price is contracting which generally signifies shifting of hands (from weak to strong). If you go wrong, the risk is limited in these.

Radico Khaitan - getting interesting with the current squeeze above 20 EMA. Weak hands are booking profits.

SL 840

Jubilant Foodworks - Super-strong uptrend. The perfect trait of a marathon runner- Those holding the stock will find it difficult to digest the profits and those intending to buy will always find it expensive. :)

Calculate the total loss you will face in trading portfolio if all SLs are hit if market goes against you.

Select an appropriate strike to buy a Put option left with considerable expiry to hedge your portfolio. Hedging through options is one area which retail investors ignore

Laurus Labs - ⭕️⭕️⭕️

still no selling whatsoever. A strong point to accumulate further as the risk is minimum. at 20 EMA. Selling candles have fewer volumes.

I never buy a stock below 200 MA & 50 MA. 50 should be above 200. I need to confirm the stock is in an uptrend before I analyze it further. I prefer to run separate screens and then find unique names which fulfill the criteria

Second screen is RS>80
Third: EPS Qtr & Annual ⬆️

7 times since 1998, we had a fall of more than 25% on Index level.

The min and max time period b/w 2 subsequent falls was 16 months & 45 months.

If you can not digest the fall of 25-40% once every 3-5 years, you shouldn't own stocks. Prepare for the worse & invest for the best

Is there any platform where I can get an RS number/RS rating for any stock compared to the benchmark?

BSE Ltd - Ignore the noise. Trust your charts. Focus on what the chart says you. Keep on riding to your winners. Trail Stop losses but do not sell.

@nishkumar1977 ✅✅💯

Abbott India (AbbotIndia) - every time in the past stock correction was followed by a minimum 100% rally. 30% up move already and the stock has now crossed its all-time high. Will it give the same move again?

Must have portfolio stock. It is FMCG of Pharma.

Sharing my strategy (if it os any interest to you):

If the starting capital is 10L & parked in strongest stocks & let say it moves till 20L. Firstly, I never hold any position without SL. So, now if market corrects I will be out with taking my SL with lets say 19L. (1/

2. I will then be left with 90% gains of my initial capital. With 19L, I will keep on looking for strongest counters & hold them. The basic idea to me is - CAPITAL PRESERVATION & to avoid major DRAWDOWNS.

3. The primary goal is multiplying money & not to love or marry a stock. Emotionless investment. Keep on riding the winners & cutting down the losers. I go restless if my position doesn't moves for 2 weeks & may switch to a high-flying stock.

4. I faced this dilemma in initial years - what do I want? A stock going up 10x with 5% position size and few in my portfolio at same level or overall portfolio beating the benchmark consecutively. So, I am focussing on full garden taking care of my flowers.

5. I will focus on fundamentals too to select what to hold with conviction but will never hold them blindly if the price breaks my rule on charts thus avoiding drawdowns. With every bull run, new leaders will keep on emerging & it is important to keep your eyes n brain open.

A general guide to position sizing for beginners. There is nothing new which I am sharing. Everything is already in the public domain or many books elsewhere.