The Stock Market thread

[KunjanPSD]

5 minutes ago, Bird Bird Bird said:

 

Fir kya tension !?  

6x only in Alkyl.

 

Portfolio around 70% up after today.

But it does strike a concern when it loses 3-4% in a week.

 

But it's partly my fault as I added a lot of incremental capital couple months ago and last Friday was a decent chunk too. Could have exercised patience.

And the rest was just the general correction.

 

But can't expect anything else, not gonna be linear anyway. 

[Bird Bird Bird]

Just now, KunjanPSD said:

Portfolio around 70% up after today.

 

[KunjanPSD]

All metals are up globally but our index is down.

People obsessed with Evergrande while Shenzhen indexes are up.

Our market looks very weird.

 

Also:

https://www.institutionalinvestor.com/article/b1sz8v1gt3f5rh/Andrew-Left-Was-Banned-From-Trading-in-Hong-Kong-for-Saying-China-Evergrande-Group-Was-Insolvent-Was-He-Right-All-Along

 

Could have done a Michael Burry here.

[rushab oswal]

1 hour ago, KunjanPSD said:

Portfolio around 70% up after today.

 

Bhai PMS chalu karo me paise deta hu 

My PF never crossed 35% Lmao

[FT-9]

3 hours ago, Bird Bird Bird said:

 

Navin Flouride to nahi PF main ? Their exports are f**ked btw. 

 

i have NF in my PF, cant find any news regarding their exports, can you please share.

tata elixsi, deepak nitrate, ami organics, holding my PF

 

alkyl from 30% gain has gone to 5%

[rushab oswal]

5 minutes ago, FT-9 said:

tata elixsi, deepak nitrate, ami organics, holding my PF

 

Tata and deepak multibaggers right ? 

[FT-9]

7 minutes ago, rushaboswal said:

Tata and deepak multibaggers right ? 

 

Lol no, it's been only 4 5 months I 've started investing directly, Tata, dn both at approx 35%

[KunjanPSD]

19 minutes ago, FT-9 said:

 

i have NF in my PF, cant find any news regarding their exports, can you please share.

tata elixsi, deepak nitrate, ami organics, holding my PF

 

alkyl from 30% gain has gone to 5%

I haven't researched about NF but afaik they have a fixed cost supply contract with freight included. So they can't pass on increase in RM cost and shipping to their customers.

Do your research as I am not sure about them.

 

Tata elxsi's valuations are so high that it doesn't make sense. Either they increase their earnings in Q2 for P/E to come down or it will correct sooner than later.

Fund houses are in on Elxsi when they decide to be out then it will be too late.

 

You can continue holding Deepak and Ami for long term. But just like every stock they have risks as well, if overnight China decides to let go of their restrictions, they'll flood the market with Phenols and price erosion will follow. You need to keep tracking these.

 

I have been holding Alkyl for almost 2 years now. I will exit partially if it breaks 3500 (hopefully not) or if it goes back to ATH or Q2 is just a wash (which could be likely).

The promoter who has been selling has never sold in the company's history, so that makes me curious.

Edited September 20, 2021 by KunjanPSD

[KunjanPSD]

1 hour ago, rushaboswal said:

Bhai PMS chalu karo me paise deta hu 

My PF never crossed 35% Lmao

Lol, PMS is difficult.

For that one needs to show consistent returns.

An individual investor has the power of investing and holding through loss, a PMS can't.

Varna Strides/Sequent jaisa koi ek stock gira and saara PMS withdraw karlia jayega 

 

[rushab oswal]

10 minutes ago, KunjanPSD said:

Tata elxsi's valuations are so high that it doesn't make sense. Either they increase their earnings in Q2 for P/E to come down or it will correct sooner than later.

Fund houses are in on Elxsi when they decide to be out then it will be too late.

Ye maine liya tabse high hi he . Dont know why is this get such high valuations.

[KunjanPSD]

7 minutes ago, rushaboswal said:

Ye maine liya tabse high hi he . Dont know why is this get such high valuations.

They apparently are responsible for EV patents for Tata Motors and renewable patents for Tata Power. And that slots right between the hot EV-Green Energy sector.

But I don't even see that much amount of profit sharing coming their way to justify these valuations.

Tata power is better bet imo.

[KunjanPSD]

US markets opened gap down.

2-2.5% down right now.

Below 50EMA.

 

India Vix just below 200EMA. Will cross above tom, US Vix already did.

 

Tomorrow will be very interesting.

[rushab oswal]

12 minutes ago, KunjanPSD said:

US markets opened gap down.

2-2.5% down right now.

Below 50EMA.

 

India Vix just below 200EMA. Will cross above tom, US Vix already did.

 

Tomorrow will be very interesting.

Girega ki badhega wo batao - Le retail investor?

[rushab oswal]

12 minutes ago, KunjanPSD said:

US markets opened gap down.

2-2.5% down right now.

Below 50EMA.

 

India Vix just below 200EMA. Will cross above tom, US Vix already did.

 

Tomorrow will be very interesting.

Girega ki badhega wo batao - Le retail investor?

[KunjanPSD]

14 minutes ago, rushaboswal said:

Girega ki badhega wo batao - Le retail investor?

Kal bataunga 

[Bird Bird Bird]

5 hours ago, FT-9 said:

 

i have NF in my PF, cant find any news regarding their exports, can you please share.

tata elixsi, deepak nitrate, ami organics, holding my PF

 

alkyl from 30% gain has gone to 5%

 

 

 

[Bird Bird Bird]

2 hours ago, KunjanPSD said:

US markets opened gap down.

2-2.5% down right now.

Below 50EMA.

 

India Vix just below 200EMA. Will cross above tom, US Vix already did.

 

Tomorrow will be very interesting.

 

The last time vix sustained over 200ema was Feb end, just before the crash. It has touched and gone down numerous times since then. 

[KunjanPSD]

43 minutes ago, Bird Bird Bird said:

 

The last time vix sustained over 200ema was Feb end, just before the crash. It has touched and gone down numerous times since then. 

I think China woes will end up trickling to us as well because our retail investors look to the US for a signal.

And not to forget, that valuations are already stretched and market was looking tired anyway.

SGX already gave a doji days back.

 

So I am expecting a correction but mainly because of the overvaluations and fatigue. China + Feds is just an excuse.

[Bird Bird Bird]

11 minutes ago, KunjanPSD said:

I think China woes will end up trickling to us as well because our retail investors look to the US for a signal.

And not to forget, that valuations are already stretched and market was looking tired anyway.

SGX already gave a doji days back.

 

So I am expecting a correction but mainly because of the overvaluations and fatigue. China + Feds is just an excuse.

 

Well, nice time to go shopping, though I doubt any deep corrections would come. 10% maybe ? Indian market is extremely bullish right now. Tons of money changing hands. 

[KunjanPSD]

18 minutes ago, Bird Bird Bird said:

 

Well, nice time to go shopping, though I doubt any deep corrections would come. 10% maybe ? Indian market is extremely bullish right now. Tons of money changing hands. 

10% will be fine for me. I am sitting on good amount of cash. Can't possibly invest it all in few companies I have shortlisted.

Didn't think it will be this hard to invest the monthly salary.