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May 27, 2024
- As per a market veteran nobody can catch top or bottom in the market. All have different ways to mint money/create wealth. In trading, like fortune & hazard are the two sides of the same coin, mastering risk management is mastering your luck. Physical skill alone doesn’t dictate trading outcomes, psychology and risk management are often the unsung heroes or villains. Big money is made in stock markets not by taking big positions, but riding big moves which can be done only if you have a tolerable position size.
- Alert: Market/marketcap/Sensex/Nifty all hit new life time record high on big hope that NDA will get 360 to 375 seats, but as per market grapevine if NDA get less than 300 seats (because anything can happen in actual results) market may crash by 15-25%.
- If on 4 June NDA wins 360-375+ seats, shares of the sectors below will rise till the Budget. Artificial Intelligence, auto, auto ancillary, cloud, defence, data centre, engineering, ethanol, FMCG, logistic, oil & gas, offshore, textiles, metals, mining, power, PSU & pvt. sector banks, railway stocks and real estate. Capital markets will be given a big boost to raise govt. equity much faster than anticipated. PSU market capitalization could double. Railways will see 300% growth and defense exports could steal the limelight. Digitization will be pushed further as gold and real estate demats could become a reality.
- As per astrology, some important turning dates are 27 & 31 May 2024; 3 & 4 June 2024.
- When Indian Stock markets are at an all-time high, drive carefully in the stock market because hardly 5-7% investors/traders reach their destination. Investing is a popularity contest and the most dangerous thing is to buy at the peak of its popularity because at that point, all favorable facts and opinions are already factored into the price.
- As per market veteran, Indian trader does not realize who is on the other side of their zero-sum trades. Biggest hedge funds of the world have invested millions of dollars to develop their strategies. Why provide them easy source of money making with random punting by you on one side and sophisticated trading models on the other side. People who lost money selling naked puts should stop writing their sob stories on twitter. Everyone knows or should know that in the end this strategy will blow up you someday.
- In our 6th Jan MTTs, Sika Interplant recommended at Rs.1395 touched Rs.2820, a gain of 103%.
- In our 21st Oct MTTs, Techno Electric & Engg. recommended at Rs. 514 touched Rs.1173, a gain of 128%.
- In our 11th May MTTs, DCM Shriram Inds., recommended at Rs.195 touched Rs.234.
- In our 18th May MTTs, ITD Cementation recommended at Rs.391 touched Rs.407, Elixir Capital recommended at Rs.116 touched Rs.139, HCC recommended at Rs.38 touched Rs.42
