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Posts Archive
330
22 May 2024 - discussed about nuvama...
Great result... 79% Patπ..
We spot the theme early. π
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As I have access to stock datas in also and hence statistics.
Noticed a significant shift in market dynamics.
Stock with high valuations are not raising further where as stocks with low valuations are doing good.
So, looking only technical is enough now.
This might be also because of tax changes in stort term.
Eventually, in Stokify as well we will remove the Swing section as its only looking at technicals.
Whereas invest section doing good.
Also now swing dosent make much sense with 20% STCG, so will focus more on longterm and manual!
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Sensex, nifty, banknifty all are significantly down..
Manual portfolio is up by more than 2%..π Valuations matters guys! π
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If we had known LTCG & STCG gonna increase we would have booked the profits yesterday only..
ππ
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Please come in manual with long term view. Dont sell when you see profits..
Will let you know everything.
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This is sector wise hedging..
Individual stock selection is ok but while making portfolio, we sometimes need to leave some great stocks and enter in something which is hated at times. They will save you when things go into toss.
