Diwali Dhamaka- stocks .....

LAST YEAR WAS A CLEAR WINNER FOR ME, AS MY BOTTOM FISHINNING APPROACH GAVE VERY DECENT MONEY.  BLOWING ONCE OWN TRUMPET is very common in stock market and I am doing the same to recapitulate the sweet memories….. 

People close to me who received my recommendations orally got benefited immensely as the rises in the stocks are very astonishing. The Diwali Dhamaka- stocks  are still available even in current grim scenario, despite global turmoil, rising inflation and lack of policy decisions favouring the markets... search, invest and reap the "Money from Markets"...

Normally I don’t offer stock specific recommendation in my blog but do consider reviewing the economic situation and overall Nifty direction. In my earlier publish, I suggested not to go short as the Nifty will take its’ up turn to 5280. Now yesterday it touched 5257 with 55 points premium.

I suggested my friends to buy Arvind at 52 and with a target of 93. It surpassed the level after touching 93 fell and bounced with vengeance to float at 110. It was my best pick and suggested to buy at 42 and the low is at 38. The stock rallied from 40 to 110 with in this year.

I also suggested to buy spic at 17-18 range and recommended after it crossed 21, went to 33 now languishing at 27 level. This stock has very good potential.

The best large cap stocks are all in the selling side. The best selling was Rel Infra at 1220-30 level came down to 400 level with out a threat.

The next best is the selling is Tata Motors identified at 1240 level to short but went to 1300 level and the journey started for the recommended target to touch 725. In the middle we did some “extra intelligent move and bought it and paid the penalty”.

The third best was SBIN when it was ruling at 3200 identified that it will touch 1900 level. The Bank Nifty fall was identified simultaneously. The other stock was TataSteel below 680 it will touch 420 level and the same was honoured.

The market was extremely bullish at 6280-6300 level and every body was talking about 6700-7000 level, suggested not to venture as there was a flaw in the stock movement. Then I was proved right carried till 4700 level. As a matter of fact it is only an intermediatary support. The rest of the time to time levels were published in my posts regularly.

The worst misfire was Moserbaer which was recommended at 68 level enjoyed some profits above 72-75 level but equally suggested to cut the exposure by 50% below 63 and exit below 58 level now came to 22-26 level without any respite. The other miss out was Suzlon, recommended to buy at 60 level but still bullish on the stock.

There are other short-term buys’ recommended are in M&M, recently when it was at 720 level recommended, even it came to 680 level also suggested to buy. The stock touched 820 and fell back to 770 levels. I once again recommended buying for a target of 860 level and the target achieved, yesterday 860, still got potential to touch 940 level. They are dozen penny stocks gave returns over 300-500 times in this season, especially last 6 months.

Anyway, the history is rosy and colorful to every market participant in dreams with"HAD IT BEEN SO"... It is very difficult to stick to the basic principle “sailing with the trend” to make decent money from the stock markets. The best way is simple but we make it complicated with our so called experience and extra intelligence, get trapped and book losses. Every participant can make money from the market, by studying the industry growth prospects and booking the profit when your call was reasonably honoured. The current market is in the consolidation period. People close to me know that I kept on saying and again saying for some more years it will be in consolidation phase. So select some out performing stocks and stick to the principle that 100% appreciation is very good in 6-9 months.