Limited take on Nifty :

~ Dollar Index closed above 93 , which is not good for EMs

~ For further weakness you have close below EMA-9

~ Their is 30 % probability you will test EMA-21 before 6th Oct

~ 2 big macro triggers , Crude & Dollar Index

~ Review daily , no fix view

My Basic Trend Following system :

EMA-9> EMA>21>EMA> 63> EMA> 200.

RSI > 55

Weekly bases - Minimum 4 weeks.

Volume up by 200% .

Some others point to note :

Institutional sponsorship must.
Leading group
Annual Growth > 15 %
Quarterly growth > 15%
PEG <2.5

When it comes to metal, I only listen to Shakthi Shiva & Credit Suisse Team..

They are one of the best in the world, when it comes to metal.

About Hedging

Hedging via ATM / DITM shorts calls against your Net long cost you in bull market , but it protects you big time in corrective markets.

DITM upto EMA-21 , if the rally is extended.

Applicable only for TOP-30 Nifty companies.

Worked well for me .

Learn this

The stocks which are breaking EMA-200 / EMA -63 in this bull market , may be good shorting hedge against my long portfolio & If companies , have these characteristics

~ Poor Management Quality
~ Broken Business Model
~ Less pricing power
~ High Debt
~ GOI Intervention

Basics of PMS / IM for New Investors :

Basic Qualification Criteria :

~ Sales CAGR > 15 %
~ ROCE > 18%
~ PEG < 2.5
~ 1 Year Forward PE < 30
~ Debt / Equity < 0.3
~ *Prom stake > 51 %
~ Analyse Quarterly Results closely.
~ Minimum 15 stocks
~ Time - 2 year
#investing

Some ofthe biggest breakouts occur after Volatility Contraction, the analogy is that more a spring is pressed, higher it jumps whenever it gets released.

There is a VCP Scanner on chartink (Not mine). This may also be used to find potential Breakouts.

Being a busy professional with an awesome full time job, I am always on the look out for tools that improve the productivity of my stock research.

Bought this simple and easy to use software tool from @bsescreener. I run it everyday before going to bed

Highly recommend it👍👍

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.

Take notice when a stock has:-

⚡️Increase in Volumes

⚡️New 52 Week Highs

⚡️Increase in Delivery Stats

⚡️Promoters/Insiders Buying

⚡️Strength on Down Days

⚡️Change of Management

⚡️Demerger

You can add more points too.

Keep moving the Chain.