Money Times Talk
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August 28, 2024
- As per market veteran 5 very important points to keep in mind:
- 1. Market Trends: The stock market is volatile in the short term but generally trends upward over time. Focus on investing in undervalued stocks—those trading below their intrinsic value—and ensure your portfolio is diversified across different asset classes to mitigate risk.
- 2. Patience: Be patient and avoid expecting quick profits. Investing requires time and effort and market fluctuations are normal. Avoid trying to time the market as predicting its movements is nearly impossible.
- 3. Research: Conduct thorough research before buying a stock, understanding both the company and its industry. Don’t hesitate to sell if a stock no longer aligns with your investment goals, whether to lock in profits or cut losses.
- 4. Moat & Management: A moat is an economic barrier that makes it difficult for competitors to enter a company market. Prioritize companies with a strong economic moat as they are better positioned for profitability and stability. Also, invest in firms with a competent and investor-friendly management team, essential for long-term growth.
- As per a market veteran, failing to exit mid/small caps at the right time can erase your profits from the bull rally. Many midcaps and PSU stocks have dropped 25-40% nearly from their all-time highs. It’s wise to book partial profits at higher levels. Market euphoria may occur above Nifty 25,200/25,500. But September-October tends to be weak for the US markets and India might experience high volatility with stock-specific focus.
- As per market veteran, F&O and options trading are suited only for experienced, high-net-worth traders. With higher STT and stricter SEBI rules coming in October, small investors should focus on undervalued, growth-oriented midcaps and microcaps.
- At the 20-20 Plus: Investing Accelerator Summit 2024, held on August 23-24 in Goa, various speakers presented their insights on August 23rd (Day 1) on the following stocks:
- 1.Arvind Kothari/Niveshay : Indotech transformer. 2. Kumar Saurabh/Scientific investing : ADF Foods. 3. Rajiv Agarwal/Doordarshi investors: J&K Bank. 4. Ishmohit/SOIC : Deepak Fertiliser. 5. Vihang Naik : Mahanagar Gas. 6. Ekansh mittal/Katalyst Wealth : Repco Home Finance. 7. Ravi Jain : Wockhardt Ltd. 8. Puneet Khurana : CCL Products. 9. Rusmik Ozha/9 Rays : Poonawala Fincorp. 10. Lalit Rathi/LKR Advisors : Mahashtra Seamless. 11. Piyush Mehta/Caprize Investments: Krishca Strapping. 12. Vivek Mashrani : Privi Speciality. 13. Tariq Hussain/Invest Karo India : Eimco Elecon. 14. Jiten Parmar/Aurum Capital : HIL 15. Anuj Jain : DCX Systems. 16. Ashish Kela : DCB Bank.
- This is not a Buy or Sell recommendation of these stocks.
- Eco Recycling, leader in recycling electronic waste, recommended by Money Times periodically has hit the four figure mark on the back of an excellent Q1FY25.
- As per astrology view some important turning dates are 26 & 30th August and 2, 6, 12 September 2024.
- In 21st October MTTs,Techno Electric given at Rs. 514 touched Rs.1800 during the week - a gain of 250%.
- In 4th November MTTs, Cosmic CRF given at Rs.263 touched Rs.2112 - a gain of 703%.
- In 25th November MTTs, Bondada Engineering given at Rs.444 touched Rs.3400 during the week - a gain of 666%.
- In 23rd December MTTs, Electrosteel was given at Rs.113 hit Rs.224 during the week - a gain of 98%.
- In 21st January HFCL was given at Rs.88 hit Rs.151 during the week - a gain of 72% & still looks good.
- In 17th February MTTs, Lehar Footwears given at Rs.132 touched Rs.267 during the week - a gain of 102%. It is advisable to book profit.
- In 29th March MTTs, TBZ given at Rs.104 touched Rs.197 - a superb gain of 89%.
- In 6th April MTTs, GPT Healthcare given at Rs.183 touched Rs.206, Jubialnt Pharmova given at Rs.644 touched to Rs.925, Kaka Industries given at Rs.179 touched Rs.297, Pee Cee Cosma given at Rs.415 touched Rs.609 during the week.
- In 20th April MTTs , Kriti Industries given at Rs.133 touched Rs.258 during the week - a gain of 94%.
- In 27th April MTTs, Kriti Nutrients given at Rs.110 touched Rs.165 - a gain of 50%.
- In 4th May MTTs, Ak Capital given at Rs.910 touched Rs.1100, HFCL given at Rs.101 touched Rs.151.
- In 18th May MTTs, Himatsingka Seid given at Rs.135 touched Rs.158 & still look good, ITD Cementation given at Rs.391 touched Rs.589, Va Tech Wabag given at Rs.981 touched Rs.1420.
- In 25th May MTTs, Morepen Lab given at Rs.49 touched Rs.82.65, Panasonic Carbon given at Rs.517 touched Rs.643 during the week.
- In 1st June MTTs, Anantraj given at Rs.385 touched Rs.615 - a gain of 60%, RDB Rasayan given at Rs.128 touched Rs.202- a gain of 58%, SKY Ind., given at Rs.90 touched Rs.150 - a superb gain of Rs.67% now book profit in Sky Ind.
- In 8th June MTTs, Bal Pharma given at Rs.115 touched Rs.146, Crest Ventures given at Rs.417 touched Rs.504, Morepen Lab given at Rs.48 touched Rs.82.65 - a gain of 72%, Vipul Organics given at Rs.170 touched Rs.268 during the week - a gain of 58%.
- In 15th June MTTs, ABM Knowledge given at Rs.133 touched Rs.169, Anantraj given at Rs.424 touched Rs.616, HFCL given at Rs.118 touched Rs.151, IOL Chemicals given at Rs.409 touched Rs.470, Indian Toner given at Rs.286 touched Rs.380, Morepen Lab given at Rs.56 touched Rs.82.65 during the week.
- In 22nd June MTTs, Cybertech given at Rs.160 touched Rs.202, 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, TBZ given at Rs.121 touched Rs.197, VLS Finance given at Rs.293 touched Rs.374 during the week.
- In 6th July MTTs, BPCL given at Rs.306 touched Rs.359, HFCL given at Rs.151 touched Rs.151, Morepen Lab given at Rs.59 touched Rs.82.65 during the week.
- In 13th July MTTs, Deep Ind., given at Rs.318 touched Rs.369, Kitex Garments given at Rs.216 touched Rs.392, a superb gain of 81%, 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, Morepen Lab given at Rs.54 touched Rs.82.65.
- In 27th July MTTs, Super Crop Safe given at Rs.13.75 touched Rs.19.44 during the week. Now it is better to book profit in Super Crop Safe, HFCL given at Rs.123 touched Rs.151, IOLCP given at Rs.414 touched Rs.470 ,Morepen Lab given at Rs.58 touched Rs.82.65, Vipul Organics given at Rs.177 touched Rs.268 during the week.
- In 3rd August MTTs, HFCL given at Rs.133 touched Rs.151, Himadri Speciality Chemical given at Rs.467 touched Rs.530 during the week.
- In 10th August MTTs, HFCL given at Rs.132 touched Rs.151, International Travel given at Rs.606 touched Rs.749, Jasch Ind., given at Rs.176 touched Rs.196, Sumedha Fiscal given at Rs.52 touched Rs.66, TBZ given at Rs.163 touched Rs.197.
- Last week in 17th August MTTs, ABM Knowledge given at Rs.141 touched Rs169, Anantraj given at Rs.586 touched Rs.616, Crest given at Rs.456 touched Rs.504, EKC given at Rs.169 touched Rs.198, Graueir Weil given at Rs.93.52 touched Rs.109, HCC given at Rs.47.47 touched Rs.50.90, HFCL given at Rs.132 touched Rs.151, ITHL given at Rs.619 touched Rs.749, Lahoti Overseas given at Rs.43.24 touched Rs.49.50, ITD Cementation given at Rs.542 touched Rs.578, Indo Amines given at Rs.161.45 touched Rs.182, Prakash Ind., given at Rs.186 touched Rs.216, Morepen Lab given at Rs.61 touched Rs.82.65, Nahar Industrial Enter., given at Rs.151.45 touched Rs.164, Pennar Ind., given at Rs.168 touched Rs.204 a gain of 21%, PG Foils given at Rs.200 touched Rs.229, RDB Rasayan given at Rs.166 touched Rs.202 a gain of 22% during the week.