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October 07, 2024

SME ke ache din khatam! As new rules mandate that SME stocks will also come under the extra surveillance measures (ESM) hereon.
As per a market veteran, the market may not recover quickly due to 5 key triggers: FIIs chasing after China stimulus, SEBI's new regulations, geopolitical tensions, rising crude oil prices and a slew of large IPOs. However, India’s medium-term bull market remains intact with Nifty heading toward 28,000 after consolidation. For now, focus on individual stocks until mid-November based on Q2 results.
As per a market veteran, the recent volatility is driven by greed in F&O trading, hedge funds, and retail investors. Blaming hedge funds or others for losses is misguided—retail traders need to understand the risks or step aside. Expiry day volatility is inevitable and without mastering the trade, one should avoid F&O trading to prevent unnecessary losses. Retail traders often lack the knowledge to compete against big players, leading to heavy losses fueled by greed. Markets are completely manipulated globally and traders need to adapt to benefit from these conditions.
Someone asked a veteran investor, "When is a good time to buy?" The veteran replied, "You're looking in the wrong place for a good time. The stock market is a place of regret. You buy, and the price falls; you sell and it rises. You cry over losses and lament selling too early on profits. When the market rises, you regret not buying and wait for a drop, but when it falls, fear keeps you from buying. Instead of waiting for the right moment, it's better to enjoy life and the rollercoaster ride in stock markets.
As per market veteran, never sell your winners to average down your losers or you'll soon find yourself leading a team of losers—yourself. Bull markets resemble marathons, where consistency and discipline are crucial. Instead of fearing calamities during steady bull markets, invest your energy in cultivating patience to ride the tide rather than trying to time it.
As per astrology view some important turning dates are 7,10,18, 22 & 29th October 2024.
As per market grapevine various absurd theories emerge in bull markets. Harshad Mehta's replacement cost theory and the Y2K hype drove stocks to unsustainable levels while the real estate boom led to astronomical valuations—only for 90% of those companies to get delisted. In contrast, blue-chip stocks like TCS, Infosys and HDFC Bank dipped on modest profits while lossmaking companies rose projecting optimistic futures!
As per market veteran, while all stocks typically rise in a bull market, momentum has been waning over the past 16 days, particularly in SME stocks. Avoid FOMO and focus on quality stocks with solid earnings visibility. When corrections or profit bookings occur, assess your stocks' valuations as high P/E ratios and debt-to-equity ratios have led to significant losses.
As per market veteran, only three groups profit in the long run: those who buy and hold growth-oriented stocks with regular reviews, disciplined SIP investors in growth stocks and algorithmic or automated traders. Everyone else is likely to face losses—it's just a matter of time!
As per market veteran, bull markets allow everyone to gain superb returns without needing technical expertise. However, when corrections occur, technical and fundamental knowledge become crucial to protect profits and capital. While it's possible to buy stocks without knowledge, long-term holding demands understanding. Therefore, it's essential to research stocks rather than rely on social media, broker calls or TV channels for buy advice.
The recent crash and volatility can be attributed to four key reasons. 1. A surge in large IPOs draining liquidity from the secondary market. 2. Reluctance to build positions at Nifty 26,400 led to a 1,000-point correction 3. A new SEBI rules for F&O may have caused selling. 4. Hedge funds shifts investments to China on economic stimulus. History suggests frustrated funds may return to India at around Nifty 26,000. So, it's wise not to overreact.
India's forex reserves stand at Rs. 59.2 lakh crore with external debt at Rs. 57.3 lakh crore, resulting in a net surplus of Rs. 1.9 lakh crore. Despite short-term uncertainties, the medium to long-term market outlook remains bullish. Investors should consider lump-sum investments near the blue line at 24,140, ideally in the 24,250 - 24,500 range, focusing on good mutual funds, Nifty Bees, Alpha ETFs and growth-oriented stocks.
SH Kelkar reports strong performance in its core European segment achieving double-digit revenue growth, indicating a big positive outlook and a likely re-rating of the shares.
In 21st January MTTs, Vakrangee given at Rs23 touched Rs.37.72 - a gain of 64%.
In 27th January MTTs, Essen Specialty Films given at Rs.219 touched Rs.478 - a superb gain of 118%, VLS Finance given at Rs.213 touched Rs.452 - a gain of 112%.
In 10th February MTTs, Univastu given at Rs.134 touched Rs.240 - a gain of 79%.
In 2nd March MTTs, Alpa Lab given at Rs.101 touched Rs.145, now it is better to book profit in Alpa Lab. Indraprastha Medical given at Rs.185 touched Rs.484 - a gain of 162%, Softsol India given at Rs.280 touched Rs.514 - a gain of 84%.
In 18th May MTTs, ITD Cementation given at Rs.391 touched Rs.694 - a gain of 77%, Va Tech Wabag given at Rs.981 touched Rs.1564 - a gain of 59% during the week.
In 8th June MTTs, Vipul Organics given at Rs.170 touched Rs.327 during the week - a gain of 92%.
In 15th June MTTs, E Pack Durable given at Rs.212 touched Rs.434 -a gain of 105% during the week.
In 29TH June MTTs, VLS Finance given at Rs.293 touched Rs.452 - a gain of 159% during the week.
In 6th July MTTs, BPCL given at Rs.306 touched Rs.376, Pee Cee Cosma given at Rs.446 touched Rs.788 - a gain of 77% during the week.
In 13th July MTTs, Super Crop Safe given at Rs.12.60 touched Rs.19.59 - a gain of 56% & still looks very good buy.
In 27th July MTTs, Vipul Organics given at Rs.177 touched Rs.327 during the week - a gain of 91%.
In 23rd Sept MTTs, ITD Cementation given at Rs.561 touched Rs.694, Sharda Crop Care given at Rs.538 touched Rs.594 & still looks good, Sree Rayalaseema Hi-strength given at Rs.583 touched Rs.795 - a gain of 36% during the week.
In 30th Sept MTTs, PG Foils given at Rs.219 touched Rs.226, Sandhar Techno given at Rs.559 touched Rs.581 & still looks good, Sportking India given at Rs.114 touched Rs.119 & still looks good, Super Crop Safe given at Rs.16 touched Rs.19.59 & still looks good, T&I Global given at Rs.205 touched Rs.219 & still looks good, Vakrangee given at Rs.31.54 touched Rs.37.72 during the week.
As per market grapevine, investors must focus on Aartech Solonics, Accentmic, Akar Auto, Amrutanjan Health Care, Anantraj, Cosco India, GPPL, HCC, HFCL, Heranba, Himatseide, Morepen Lab, Reliance infra, RTNPower, Sagarsoft, Sandhar Technologies, Sharda Cropchem, Shk, Somi Conveyor Beltings, Sportking, Sucrosa, Tiglob, Vakrangee, Wimplast, Zomato for decent gains by Diwali.

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