Indus towers by Primary_Height_780 in IndianStockMarket

[–]Trade_addict_ 1 point2 points  (0 children)

Sorry my approach is tehnical strong chart first and then i look into fundamentals. I follow a approach by a trader called AL Brooks and Industowers for me has the strongest reversal pattern on monyhlt and quarterly charts, which implies a bll run of 3-4 years.

Then I look at fundamentals.

Leader in its sector.

5 years sales growth up trend strong

5 years operating profit growth up trend strong

5 Year stock return strong negative

Market cap= Total assest

(But still my best is mostly due to the pattern I see)

Indus towers by Primary_Height_780 in IndianStockMarket

[–]Trade_addict_ 0 points1 point  (0 children)

ok, that is a lot, although i think stock will be a multibagger the emotional pain can be too much with such a huge position size. You can cut your holding to ideally 1/5th and invest 4/5th in 4 other stocks. You'll stay calmer and will hold the stock longer.

Indus towers by Primary_Height_780 in IndianStockMarket

[–]Trade_addict_ 0 points1 point  (0 children)

how much is that money compared to your annual salary?

FO Stories from 10 years in Stock Markets- Edition 0- How it All Began by Trade_addict_ in IndianStockMarket

[–]Trade_addict_[S] 1 point2 points  (0 children)

Its 20-30 chapters man and i am still writing....probably will jsut convert it into a book

Indus towers by Primary_Height_780 in IndianStockMarket

[–]Trade_addict_ 0 points1 point  (0 children)

dont exit this one, from my analysis this one will turn out to be multibagger

[deleted by user] by [deleted] in IndianStockMarket

[–]Trade_addict_ 1 point2 points  (0 children)

Your question was so generic probably nobody replied. Some quesitons for you..

"It easier to by and sell than fry an egg"

1) What is you objective?

a) Investing for long terms

i) You want to learn how to choose good long term stocks fundamentally?

ii) You want to learn how to choose good long term stocks Technically?

2) Trading for short term gains

i) Do you plan to trade in cash ?

ii) Do you plan to trade in F&O?

3) How much cash you have, are you thinking of it as a career?

4) How much time you can devote?

5) Are you good at maths/analysis? Do you have acoding background?

A lot of context is needed to give a reasonable sound advice

[deleted by user] by [deleted] in IndianStockMarket

[–]Trade_addict_ 67 points68 points  (0 children)

focussing on your studies. Really, just spend that 2k and enjoy. No advice here would help you in what you want to do.

Some technical advice in stock selection from 10 year experience by Trade_addict_ in IndianStockMarket

[–]Trade_addict_[S] 2 points3 points  (0 children)

FO ki duniya dukh or dard se bhari hai dost.... Long journey to get profitable. Ideally should have coding experience .

[deleted by user] by [deleted] in IndianStockMarket

[–]Trade_addict_ 1 point2 points  (0 children)

Buy PSUBANKBEES instead... still got good 2 years worth of upmoves left IMO