Money Times Talk
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September 02, 2024
- Strategy in Bull Market: As per market veteran investors often chase rising stocks in a bull market without considering when to sell weaker ones. It's crucial to clean up portfolios by offloading fragile stocks that may crash when the market turns, rather than just focusing on buying the next big thing.
- As per market veteran, while investing in SME stocks with good businesses and valuations is fine, 97% are manipulated and lack investment quality. Avoid the lure for quick gains and focus on long-term sustainable returns. Many SMEs have absurd valuations and poor cash flow, often promoted on social media with misleading motives. Stay cautious and invest in stocks with solid history and intrinsic value.
- As per market veteran, history repeats due to human nature's weakness, especially greed. Over-trading is a common downfall, costing millions. To succeed, develop better market understanding and trade with strict discipline to rank among the top 0.01% of traders.
- Love cricket but have difficulty in understanding investment? Just as Rahul Dravid faced 70% dot balls yet remained a legend, investments like gold and mutual funds often stay flat but deliver returns in cycles. The key is to stay patient during the quiet periods and capitalize on the 30% that bring gains. Understanding this is essential to creating wealth.
- Investors often seek new stocks every day, every week or every month, but as per market veteran, true wealth creation comes from focusing on and accumulating a few high-potential stocks.
- As per market veteran, trading is crucial for creating capital, while investing is key to growing it. To accelerate wealth, trade to build capital and reinvest profits in growth stocks. Essential technical knowledge and disciplined trading are necessary for success.
- China's move to refinance $5.4 trillion in mortgages is likely to benefit the metals sector.
- As per astrology view some important turning dates are 2, 6, 12 & 18th September 2024.
- In 4th November MTTs, Cosmic CRF given at Rs.263 touched Rs.2210 - a gain of 740%.
- In 25th November MTTs, Bondada Engineering given at Rs.444 touched Rs.3769 during the week - a gain of 749%.
- In 23rd December MTTs, Electrosteel was given at Rs.113 hit Rs.226 during the week - a gain of 100%.
- In 21st January MTTs, HFCL was given at Rs.88 hit Rs.152 during the week - a gain of 73% & still looks good.
- In 16th March MTTs, Ecoplast given at Rs.321 touched Rs.640 during the week, a gain of 99%.
- In 29th March MTTs, TBZ given at Rs.104 touched Rs.213, a superb gain of 105%, now it is better to book profit in TBZ.
- In 6th April MTTs, Jubialnt Pharmova given at Rs.644 touched to Rs.951, Pee Cee Cosma given at Rs.415 touched Rs.619 during the week.
- In 4th April MTTs, HFCL given at Rs.101 touched Rs.152 & still look good.
- In 25th May MTTs, Morepen Lab given at Rs.49 touched Rs.86, Panasonic Carbon given at Rs.517 touched Rs.677 during the week.
- In 1st June MTTs, Anantraj given at Rs.385 touched Rs.636, a gain of 65%, Bharat Seats given at Rs.152 touched Rs.240, a gain of 58%, SNL Bearings given at Rs.365 touched Rs.417 during the week.
- In 8th June MTTs, Bal Pharma given at Rs.115 touched Rs.158, now it is better to book profit fully in Bal Pharma.
- In 15th June MTTs, ABM Knowledge given at Rs.133 touched Rs.171, Anantraj given at Rs.424 touched Rs.636, Metro Global was given at Rs.143 touched Rs.168 & still look good, HFCL given at Rs.118 touched Rs.152 & still look good. Morepen Lab given at Rs.56 touched Rs.86 during the week.
- In 22nd June MTTs, Cybertech given at Rs.160 touched Rs.264 - a gain of 65%, now it is better to book profit in Cybertech. Kopran given at Rs.253 touched Rs.326, Vipul Orgaanic given at Rs.181 touched Rs.268, Rupa & Company given at Rs.279 touched Rs.362 - a gain of 30%.
- In 29TH June MTTs, BL Kashyap & Sons given at Rs.90 touched Rs.120, TBZ given at Rs.121 touched Rs.213 a gain of 76%, VLS Finance given at Rs.293 touched Rs.387 during the week.
- In 6th July MTTs, BPCL given at Rs.306 touched Rs.365, HFCL given at Rs.130 touched Rs.152 & still look good, Morepen Lab given at Rs.59 touched Rs.86, Pee Cee Cosma given at Rs.446 touched Rs.619 during the week.
- In 13th July MTTs, Deep Ind., given at Rs.318 touched Rs.396, Godavari Drugs given at Rs.103 touched Rs.155 a gain of 50%, Kitex Garments given at Rs.216 touched Rs.392, a superb gain of 81%, now it is better to book profit in Kitex. Super Crop Safe given at Rs.12.60 touched Rs.19.44 - a gain of 54%. Now it is better to book profit in Super Crop Safe.
- In 20th July MTTs, Bharat Seats given at Rs.163 touched Rs.240, Morepen Lab given at Rs.54 touched Rs.86.
- In 27th July MTTs, HFCL given at Rs.123 touched Rs.152 & still looks good, Morepen Lab given at Rs.58 touched Rs.86, Vipul Organics given at Rs.177 touched Rs.268 during the week.
- In 3rd August MTTs, HFCL given at Rs.133 touched Rs.152, Himadri Speciality Chemical given at Rs.467 touched Rs.539 during the week.
- In 10th August MTTs, HFCL given at Rs.132 touched Rs.152 & still look good, TBZ given at Rs.163 touched Rs.213 during the week.
- In 17th August MTTs, ABM Knowledge given at Rs.141 touched Rs171., Anantraj given at Rs.586 touched Rs.636, EKC given at Rs.169 touched Rs.200, Graueir Weil given at Rs.93.52 touched Rs.112, HFCL given at Rs.132 touched Rs.152, Indo Amines given at Rs.161.45 touched Rs.183, PG Foils given at Rs.200 touched Rs.232, Prakash Ind., given at Rs.186 touched Rs.237, Morepen Lab given at Rs.61 touched Rs.86, Nahar Industrial Enter., given at Rs.151.45 touched Rs.168 during the week.
- In last week MTTs 24th August Anantraj given at Rs.586 touched Rs.636, Capacite Infra given at Rs.384 touched Rs.405, GIPCL given at Rs.221 touched Rs.249, Himadri Speciality given at Rs.527 touched Rs.539, ITD Cementation given at Rs.548 touched Rs.575, Morepen Lab given at Rs.80 touched Rs.86, Prakash Ind., given at Rs.208 touched Rs.237, Riddhi Corporate Services given at Rs.80 touched Rs.89 during the week.