To those who thought FMCG goes only one way, investing is super easy. buy quality FMCG at any valuations, do check history, though, its one of best sectors, it does test lot of patience
More from kumar saurabh
#No 1 #Shreedigvijaycement
#AR2021 #Shreedigvijay cement. Started this year annual report reading with Digvijay cement. First time read a cement company AR. Some interesting comments on overall economy. Watch it herehttps://t.co/AQM2snbcHG pic.twitter.com/JL4lx26LlC
— kumar saurabh (@suru27) June 1, 2021
#No 2 #Bajajconsumer
#AR2021 #Bajajconsumer. 2nd company. Highlights - Rs 30 cr cost cutting sustainable ? Who gets Rs 8-9 Cr royalty benefit ? Who owns brand ? Why infra subsidiary with losses, intangible asset complexity ? Industry grown fat 2% in volume n 8% in value at 10 yr cagr pic.twitter.com/W4C0H2h8aV
— kumar saurabh (@suru27) June 7, 2021
> 40% correction : 6 to 7%
> 30% correction : 18 to 21%
> 20% correction : 45 to 57%
Bulk of correction between 20-30% from highs
So, above Rs 250 Cr market cap (thats where I like to play mostly), out of 1168 companies:
— kumar saurabh (@suru27) November 22, 2021
> 40% correction : 6% companies
> 30% correction : 18% companies
> 20% correction : 45% companies
Not bad. So, almost evey second company is down by 20% from life time high
More from Stockslearnings
Today's move is an example of this tweet. Save this chart for future ref. https://t.co/amUhSLrET3
#FreeTip
— HMK alias MANOJ (@scorpiomanojFRM) June 23, 2021
A general rule to assess if a market is ranging is to look at developing TC and / or developing BC. If either of them is flat, it means market is currently ranging. If you are trading in 5 min, go to a lower tf chart, say, 2 min to have a less lagging assessment.
On this auspicious day of #GuruPoornima2020
— \u03b1\u043c\u03b9\u0442\u0442 \u0455\u03b1\u03b9\u03b7\u03b9 \U0001f1ee\U0001f1f3 (@heartwon) July 5, 2020
Would like to present a simple yet effective way of understanding and following the TREND of the instrument/stock.
Q: Why I came up with the concept?
A: I wanted to remove noise, keep my chart simple where just a glance, tells the story