The Stock Market thread

[KunjanPSD]

43 minutes ago, blitzkreiig said:

Guys, as a salaried person who has incurred STCGs, should i be filing ITR 1 or something else?

You need to fill ITR 2.

ITR 1 doesn't include any capital gains tax.

 

If you did Intra day trading and want to show that as income from a business then you will need to fill ITR 3 and can also fill LTCG and STCG in the same form.

[TheGothamChampion]

@KunjanPSD what is opinion about varun beverages? Is 770-780 right price to enter?

[KunjanPSD]

1 minute ago, Thegothamchampion said:

@KunjanPSD what is opinion about varun beverages? Is 770-780 right price to enter?

No idea. I don't track the company.

Can't delve into technicals if I don't know the business and the fundamentals.

[TheGothamChampion]

44 minutes ago, KunjanPSD said:

No idea. I don't track the company.

Can't delve into technicals if I don't know the business and the fundamentals.

Thanks 

[KnackChap]

1 hour ago, Thegothamchampion said:

@KunjanPSD what is opinion about varun beverages? Is 770-780 right price to enter?

 

Technicals wise avoid it right now. Trading well above 15% in 20 ema ( even more in 50 ema).  Wait for slightly lower levels as it might retest it's breakout. If you still want to enter keep 700-710 as your SL  with targets 825 & 925.

[Sid1]

How do you guys usually do trading? I mean web interface of banks demat account or prefer apps?

 

 

[KnackChap]

8 minutes ago, Sid1 said:

How do you guys usually do trading? I mean web interface of banks demat account or prefer apps?

 

 

Zerodha. 

[yogi_boy]

18 hours ago, KunjanPSD said:

I think a SIP is the best way to go with Laurus.

API, CRAMS, Formulation is a lumpy business and there can be QoQ disruptions but as it sits currently, trajectory is great, execution is great, last few days drop to 570 range was a good price to enter.

I believe in the company for next 10 years but I am also gonna keep tracking every Quarter and Annul report to make sure that the vision plays. So you need to do that part as well.

Thanks, don't think it will go below 600, I ll keep buying small quantities in dip. 

[KunjanPSD]

On 6/21/2021 at 12:50 PM, KunjanPSD said:

Also, look at Godrej Agrovet. Looks very promising to me and promoters have been on a buying spree too.

Working out well.

[speedy]

Can those using screeners  post their reviews of the same. I amlooking to buy a paid version . thank you

[KunjanPSD]

https://www.bloomberg.com/news/videos/2021-06-23/laurus-labs-founder-and-ceo-on-india-s-pharma-sector-video

 

Best thing: "I don't have control over the stock price and the multiples, I am in control of growing profits, EBITDA, ROI".

[KnackChap]

Having a bad day trading? Zerodha's 'Kill Switch' feature is here to help

 

https://www.livemint.com/companies/news/having-a-bad-day-trading-zerodha-s-kill-switch-feature-is-here-to-help-11624411360958.html

[KunjanPSD]

Strides holders, be ready for diamond hands.

You will hear many reports of senior management exiting their stake completely but that's because Stelis demerger process has begun and they are doing internal rejigging for new shares.

This might affect the stock price in near future.

 

Aurobindo's demerger is looming as well, so that might affect Stride in short term as well.

 

For long term, no change in vision.

[TheGothamChampion]

23 minutes ago, KunjanPSD said:

Strides holders, be ready for diamond hands.

You will hear many reports of senior management exiting their stake completely but that's because Stelis demerger process has begun and they are doing internal rejigging for new shares.

This might affect the stock price in near future.

 

Aurobindo's demerger is looming as well, so that might affect Stride in short term as well.

 

For long term, no change in vision.

I'm going to buy some tomorrow. 

[KunjanPSD]

30 minutes ago, Thegothamchampion said:

I'm going to buy some tomorrow. 

Buy little by little. Let's see how the stock reacts.

Couple days ago it dropped all the way to 670 and recovered within 30 mins, that was a great chance. So don't go all in at once.

[Bird Bird Bird]

2 hours ago, KunjanPSD said:

Buy little by little. Let's see how the stock reacts.

Couple days ago it dropped all the way to 670 and recovered within 30 mins, that was a great chance. So don't go all in at once.

 

You mean 570 ? 

[KunjanPSD]

54 minutes ago, Bird Bird Bird said:

 

You mean 570 ? 

668.70

That's what it shows on the charts and historical data.

[Bird Bird Bird]

57 minutes ago, KunjanPSD said:

668.70

That's what it shows on the charts and historical data.

 

Confused with LL. My bad. 

[KunjanPSD]

38 minutes ago, Bird Bird Bird said:

 

Confused with LL. My bad. 

Do you do SIP in equity? If yes then what way?

 

For LL I am gonna make lumpsum investment at every 100 bucks multiple i.e. next at 700.

Other than that will add here and there depending on market opportunities.

 

[Bird Bird Bird]

26 minutes ago, KunjanPSD said:

Do you do SIP in equity? If yes then what way?

 

For LL I am gonna make lumpsum investment at every 100 bucks multiple i.e. next at 700.

Other than that will add here and there depending on market opportunities.

 

 

I try to look at the technicals and invest at support levels.