#FreeTip
#Positional
How to assess if a stock is too extended? Many find it difficult to assess the matured stage of a very strong uptrending stock.
1 easy way is avoid entering in the 5th base onwards during Stage 2 of the stock. For eg, Base count of #Intellect is in pic.

More from HMK alias MANOJ
More from Stocklearnings
While people were debating figuring out which is the best in ICICI/AXIS & INDUSINDBNK, look what the top 3 high quality banks (HDFCBANK, KOTAKBANK & CUB) have done over the last 5, 10 & 17 years.
They are the real compounders, they've created massive wealth compared to others! https://t.co/PluVwU5OXG
They are the real compounders, they've created massive wealth compared to others! https://t.co/PluVwU5OXG

Hope Everyone saw BANDHANBNK Numbers. I feel many such banks will go through a massive NPA Cycle followed by depleted Tier 1.
— Saket Reddy (@saketreddy) January 24, 2021
Hence, stay with the Top 3 banks :-
HDFCBANK
KOTAKBANK
CUB
They've low cost of funding, well provisioned Moratorium book, high ROEs & high Tier 1 CAR.