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Hidden Multibagger Stocks by Devendra (RA: INH000026488)
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Disclaimer: I am a SEBI Registered Research Analyst (RA: INH000026488). All stocks, market updates, and investment-related information shared in this channel are strictly for educational and informational purposes only.
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💥Why the First and Last Phases of a Bear Market Are Most Painful💥
The current market correction is a normal part of a bear phase. The purpose of a bear market is to bring valuations back to realistic and attractive levels. Our market actually entered a bear phase in October 2024 when valuations were too high, and that correction is still going on.
A bear market does not give much return because its main job is to adjust valuations. During this period, the market stays highly volatile. If you try to trade actively in this phase, there is a high chance that your entire capital may get wiped out. Even for investors, stock selection becomes extremely important. If you buy stocks randomly, like in a bull run, you can get stuck in them for a long time.
A bear phase is completely different from a bull phase. It usually takes more than a year to complete the valuation reset. That’s why you must change your strategy completely during this period. Many people face big losses because they use the same approach in both bull and bear phases.
The current market fall is a normal part of the correction. I have mentioned many times in my YouTube videos that before the next bull run begins, the market will first fall. But since the market was at an all-time high, many people thought this was impossible. Still, most of our predictions have come true because we understood this highly volatile bear phase in advance. We had already predicted one year ago that this bear phase would continue throughout 2025.
The first and last phases of a bear market are always the most painful. In both situations, retail investors panic-sell mainly small- and mid-cap stocks, which brings even more pressure on the market.
Please be prepared for some more pain ahead, as panic selling by retail investors may continue. I don’t think DIIs will step in to stop the correction right now, because everyone wants a proper correction in small- mid-cap stocks so that they return to attractive valuations. Throughout December 2025, the market is likely to remain highly volatile due to several major events, including the Fed meeting and the Bank of Japan meeting. In addition, continuous FII selling is expected to continue throughout the month.Overall, this month may turn out to be painful periods for the market. I am expecting a market rally from the Q3 results onward, once earnings start to improve.Stop checking your portfolio frequently and maintain a long-term view. If the fundamentals of your stocks are strong, they are bound to recover sharply once the market turns around. When the next bull run begins, you will forget all the losses endured during the bear phase—provided you have invested in good-quality stocks from emerging sectors.
💥When panic Selling Takes Over -Signs of a Market Bottom💥
👉When retail investors are selling in panic, confidence is completely lost, and there seems to be no hope of recovery,When retail investors exit the market out of frustration - it often indicates that the market is approaching its bottom formation.
Losses increase day by day, negative sentiment dominates every discussion, and the market has already been in a bear phase for more than a year.
Historically, maximum fear appears very close to the bottom. When people stop believing that recovery is possible, it usually means the worst phase is almost over.
💥When Overconfidence Takes Over — Signs of end of Bull Market💥
👉On the other hand, when everyone suddenly becomes a “market expert,
When even a "panwala" starts giving stock tips confidently,When people buy stocks purely out of FOMO, not based on fundamentals.
When investors believe the market will never fall again, and even take loans to invest.
When loss-making companies start giving extraordinary returns without any business improvement.
When fundamentals take a back seat and hype and emotion drive stock prices.When people are willing to buy any stock at any valuation out of FOMO,
When many so-called experts give higher targets without considering market valuations,
These signs indicate the end of the bull market.
💡 In Summary
Maximum fear = sign of market bottom.
Maximum greed = sign of market top.
Understanding market psychology is more important than any indicator. Markets move in cycles, and these behavioral patterns repeat again and again.
A message from one of our members: Please suggest any option other than YouTube. I am fed up with them.
💥Why Studying Retail Behaviour Helps Predict Small & Midcap stocks Crashes💥
In a bear market, there are three phases, and in all of them, retail investors play a major role in driving the market down. To understand why the market crashes, you must first understand the psychology of retail investors.
In February–March 2025, small and midcap stocks crashed mainly because of panic selling by retail investors. Similarly, in November–December 2025, the fall in small and midcap stocks is again due to retail investors selling in fear.
Remember, our portfolios do not fall significantly when FIIs sell because they hold large quantities of large-cap stocks and very little exposure to small-cap companies. But retail investors hold nearly 95% of small and midcap stocks. So whenever retail investors panic-sell, our portfolios get affected severely.
To understand when retail investors are likely to sell, you must understand their psychology. Most retail investors make buying and selling decisions based on social media experts—mostly technical analysts. But technical analysis often fails during a bear phase, which means these predictions are usually wrong. As a result, retail investors make poor decisions consistently during a bear market.
Retail investors tend to pump in more money when the bull phase ends and the bear phase begins, thinking that every dip is an opportunity. What I have observed is that if they do not get returns within 4–5 months, they start panic selling.
From October 2024 to January 2025, they did not make profits and instead faced losses. So in February–March 2025, they sold heavily in panic.
Similarly, they re-entered in July 2025 when social media experts claimed the market was heading toward a new all-time high for next bullrun. But instead of profits, their portfolios kept falling. This led to another round of panic selling from November 2025 onwards.
Only when you understand this psychology of retail investors can you truly predict when the market or your portfolio may crash.
You will not find such an analysis anywhere in India; we are doing a unique and highly accurate study. Based on this data, I had already predicted the pain in November–December 2025.
So do not assume that strong SIP flows mean DIIs will protect your portfolio. FIIs are very smart—they use different strategies to trigger fear among retail investors, pushing them into panic selling. Once retail panic starts, the market inevitably falls sharply, especially in small and midcap segments.
Please listen to my Telegram voice message for today’s market analysis.👇
💥Marine Infrastructure and Dredging sector stocks are showing strong strength even in this weak market. I had highlighted this sector last month.💥
Stocks in Focus:
👉 Knowledge Marine & Engineering Works Ltd.
👉 Dredging Corporation of India Ltd.
Both companies have gained significant investor attention due to their expanding order books, strong operational performance, and increasing opportunities in coastal and inland waterway projects.
💥 Why Understanding the Bear Market From the Beginning Is Crucial 💥
Understanding a bear market from the very beginning is extremely important. If you fail to recognize the bear phase early, your entire capital can be wiped out. A bear market can last more than a year, and it is extremely difficult to predict when it will end. During this period, relying on old or outdated market-analysis tools can lead to severe losses.
Many people on social media were blaming Donald Trump for the market’s underperformance, but my stand was clear right from the start: we were already in a bear phase, and the market was bound to underperform—this had nothing to do with Trump.
This is exactly why I advised booking profits from all our old multibagger stocks and keeping 70% of your capital in cash during Oct–Dec 2024, when the bear phase had clearly begun.
All the old multibagger stocks are now crashing again after a temporary recovery. I expected this because, in a bear market, old multibaggers often bounce back after the first crash. This short recovery attracts retail investors who re-enter the same stocks. But when the final leg of the bear phase arrives, these stocks crash again—and it takes years for them to recover, especially as new sector leaders emerge and outperform.
Investors who placed their money in new and emerging sector stocks have nothing to worry about, because these stocks tend to recover strongly once the market turns.
Many retail investors get trapped in a bear phase because 90% rely on social media, where they do not get accurate, research-backed information. They treat bull and bear phases the same way and use identical trading strategies in both. But as I stated back in Oct–Dec 2024, during a bear phase the market turns 360 degrees—meaning strategies that worked in a bull run will fail in a bear market. Unfortunately, social-media “experts” rarely guide retail investors correctly.
In all my videos, I repeatedly said to keep 30% of your capital in cash, as I expected a market fall in Nov–Dec 2025. We understand the bear market cycle from start to finish—what to do, what to avoid, where to invest, and where not to invest.
During a bull phase, everyone becomes an expert. Even a pan seller (panwalla) will say, “Sir, buy this stock—it’s the next multibagger.”
But in a bear phase—the most difficult period—most people exit the market out of frustration.
As I explained earlier, FIIs will eventually achieve their goal of bringing the Indian market to more attractive valuations, and they are close to succeeding now as retail investors have already pressed the panic button.
Keeping cash in hand is extremely important during a bear phase because it gives you access to many valuable opportunities. This is why your 70% capital allocation should be deployed slowly and systematically throughout the bear market, rather than all at once.
It is equally crucial to choose where that 70% is invested—whether in new emerging sectors with bottomed-out stocks, or in old multibaggers still at high levels, which can cause long-term pain if they continue to fall.
💥Why Understanding the Bear Market From the Beginning Is Crucial💥
This is why it is extremely important to understand a bear market from the very beginning. If you don’t understand the bear phase, your entire capital can be wiped out. A bear market can last more than a year, and it is very difficult to predict when it will end. During this period, if you continue relying on old or outdated tools for market analysis, you risk losing all your capital.
Now you can understand why I had advised booking profits from all our old multibagger stocks and keeping 70% of your capital in cash during Oct–Dec 2024, when the bear phase had already started.
All the old multibagger stocks are crashing again after a brief recovery. I knew this would happen because, in a bear market, old multibaggers usually recover after their first fall. This temporary recovery attracts many retail investors who re-enter at the wrong time. But when the final leg of the bear phase arrives, these same stocks crash again—and it takes years for them to recover, as new sector leaders emerge and outperform.
Those who invested in new, emerging sector stocks have nothing to worry about, because these stocks recover strongly once the market turns.
Many retail investors get trapped in a bear phase because 90% of them depend on social media, where they do not receive proper, research-based information. They treat the bull and bear phases the same way and use the same trading strategies in both conditions. But as I said back in Oct–Dec 2024, when the bear phase begins, the market turns 360 degrees—meaning the strategies that work in a bull market will not work in a bear market. Unfortunately, social-media “experts” never guide retail investors correctly.
In all my videos, I repeatedly said: keep 30% of your capital in cash, as I expected a market fall in Nov–Dec 2025. We understand the entire bear market cycle from start to finish—what to do, what not to do, where to invest, and where to avoid.
During a bull phase, everyone becomes an expert; even a "Panwallla" pan seller will tell you, “Sir, buy this stock, next multibagger.”
But in a bear phase—the most difficult period—most people exit the market out of frustration.
As I explained, FIIs will eventually achieve their goal of bringing the Indian market to more attractive valuations, and they are close to succeeding as retail investors pressed panic button.
Keeping cash in hand is extremely important during a bear phase because you get far more opportunities in this kind of market. This is why, in a bear market, your 70% capital allocation should be deployed gradually, step by step, until the bear phase ends.
It is also crucial to decide where you invest that 70%—whether in new emerging sectors with bottomed-out stocks or in old multibagger stocks that are still at the top and can cause long-term pain if they continue to fall.
💥Retail Panic Selling: A Sign of Bear Phase Ending💥
In all my YouTube videos, I repeatedly mentioned that before a bull run begins, the market always goes through a correction first. At that time, the market was at an all-time high, so many people wondered how the market could fall when everything was moving upward. But we understand every cycle of a bear phase, and now the corrections happening over the last one month clearly indicate that what I predicted is unfolding exactly as expected.
I believe that small-cap and mid-cap stocks are now in the final phase of their correction, and I expect the market to start recovering from the Q3 results onward. As I have always said in my videos, when retail investors get scared and begin panic-selling, it usually signals the last stage of a bear phase. This pattern repeats in every bear phase—when retailers start exiting in fear, it often means the worst is almost over. Today, we are seeing the same kind of panic in the market.
This situation is mostly created by FIIs, who continue selling until panic builds among retail investors. DIIs, on the other hand, do not allow the index to fall too sharply by managing it well. So the only way for valuations to become attractive again is when retailers panic-sell.
This is how I understand market cycles, and why our predictions often come true—because we study the psychology of FIIs, DIIs, and retail investors. This is the only effective technique to navigate a bear market; no other approach works consistently during such phases.
In a bear phase, it is extremely important to choose whom you follow. Even a small wrong prediction can cost you heavily, and there is a high chance that your entire capital could erode during bear phase.
In yesterday’s YouTube video, I explained how retail investors make their buy and sell decisions based on social media “experts.
"Lumax Industries” appears to be gearing up for a strong and sustained bull rally.
Both "Lumax Industries and Lumax Auto Technologies" being auto auxiliary stocks—are outperforming even in this falling market.🚀
Only on our channel will you get accurate market predictions throughout this entire bear phase. Predicting during a bear market is the most challenging task, because technical charts fail to work. During such periods, you must rely on deep data analysis to truly understand the market.
Since the beginning of the bear phase in October–December 2024, we were the first to predict that the bear market would continue throughout 2025. Two months ago, we also predicted that November–December 2025 would be painful for the stock market. November has already proved this, with significant corrections in many portfolios, and December is also bringing pain. We made these predictions even when the market was at an all-time high—something very few could foresee.
In a bear phase, proper and genuine guidance is extremely important; otherwise, losses are inevitable. We have repeatedly said that trading is risky in a bear market, and everyone is now experiencing how difficult it is to trade in such conditions.
I have mentioned many times that the last phase of a bear market is always painful. Currently, we are in this final phase, where valuations are being adjusted to bring stock prices back to attractive levels. The first and last phases of a bear market are always the most painful, which I have explained many times in my YouTube videos.
Those who successfully handle the bear phase can achieve big gains in the next bull market—provided their capital is invested in the right and emerging sectors. The purpose of a bear market is not to make profits, but to build a strong portfolio that will generate wealth in the next bull run. This applies to investors.
For traders, the reality is different. Traders usually suffer heavy losses in a bear phase, no matter which trading strategy or option they choose.
Retail investors’ panic selling in small and midcap stocks has significantly impacted portfolios over the last month. As I have repeatedly mentioned, do not expect any major move or big gains in the market until Q3 results are announced. The market will remain highly volatile throughout December.
FII selling is likely to continue this month, which can add further pressure. Moreover, FIIs will not be very active in December due to the Christmas holiday period.
The Fed has begin quantitative easing.Once liquidity starts increasing in the US economy, FIIs may change their stance.However, until Q3 results are released, do not expect any strong upside movement in the market.I have already explained in my recent YouTube video why retail investors are panic-selling, and I also discussed how to select stocks in a bear phase where the downside risk is minimal. Unfortunately, YouTube has removed our channel again. This has become quite common these days for many YouTubers who talk about the stock market.
👉Solar Overproduction and the Shift Toward the Power Transmission Sector
1. The solar energy sector is entering an overproduction phase, which is creating strong negative sentiment for solar panel manufacturing companies.
2. When supply exceeds demand, solar manufacturers face margin pressure, falling profitability, and reduced order flow.
3. Excess inventory builds up in warehouses, blocking working capital and forcing companies to offer heavy discounts.
4. Due to this imbalance, most solar panel manufacturing stocks are expected to underperform .
5. India now produces more solar power than the current grid can handle, highlighting a major infrastructure gap.
6. The existing power transmission network is not strong enough to evacuate and transport this excess solar energy.
7. Because of this, the next major growth trend is clearly shifting from solar manufacturing to the power transmission sector.
8. Transmission companies benefit from long-term projects, stable cash flows, and lower competition compared to solar manufacturing.
9. The Indian government is expected to prioritize transmission upgrades through new corridors, substations, and grid expansion.
