SAINIK Profile picture
29 Sep, 9 tweets, 2 min read
1."The Train has left the station" aka "Do the Advisors have Skin in the Game" ?.
2. Huge Interest in the Market & large number of market Analysts/Strategists expectedly giving "gyan" on Indices/Markets & collecting huge fees through Webinars/TV Appearances sucking in the naïve retail folks. Recent volatile moves have made these guys go on to overdrive .
3. Moving Targets are being given on Indices with most of them blithely asking followers to sell ONLY Below xyz levels while looking forward to higher & higher targets ignoring ground realities. Recency bias at peak since they have been successful in the past.
4. No harm in that. We could all go wrong & I have been wrong more times than anyone. I am just small fry & these are GURUS. Expected them to be more responsible. Should there be no sense of caution when we face unprecedented headwinds, 1st time in last 18 months.?
5.Almost all the 'shishyas" do NOT trade in the Indices & we have seen stocks do move differently vis- a- vis Indices, even the heavyweights of the Indices . Looks like very few of the Gurus actually have any skin in the game as it were, when they pontificate.
6. Typical support levels advocated by these Gurus range from 17450 -17550, if breached to book profits. Simple ? Not so simple. Did an analysis of a few popular stocks, compared their prices at 17,250 & now. The Train seems to have left the station in many case. Check below.
7. HUL: 2785/2685; Tata Steel:1463/1295; HDFC:2850/2746; SAIL:120/114; ACC:2471/2271; GA Cem :436/406; Infy:1692/1692; TCS:3845/3792; Bharti:694/694; Apollo Hosp : 4745/4423; Asian Paints: 3367/3323; Axis : 788/782; GCPL: 1121/1022; Divis: 5085/4806;Dabur:640/623; Zomato:143/138
8.We last hit 17,250 on Sep.8th. Please verify your holdings before blindly looking at Index levels. Please don't let the train leave the station by getting distracted elsewhere. Protect your profits.
9. @threadreaderapp "unroll"

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with SAINIK

SAINIK Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @sainik636

1 Oct
1." LOOKING BACK, LOOKING AHEAD" or as @CNBCTV18Live would say: "Quarter se Quarter Thak".Kudos to that copywriter who devised this phrase QSQT.{ As an Ad professional who cut his teeth in Ogilvy Advertising for me this would have been a dream line}👍 Some thoughts on Markets.
2. At the beginning of the last Quarter had charted out mentally that September would most likely be the "peak" month, did not speculate on what would be the Level, though must admit that, the levels did surprise me.
3. While the Indices have come down significantly from the highs of September we still don't know whether they were the "Peaks". Nevertheless the moves indicate that any rallies from here are on, are likely to be sold since "something" has changed.
Read 9 tweets
29 Sep
Short term UGLY ( one week). : Hind Petro ( 289) SL 286; Target 299. Disc: Skin in the game.
Pushing my SL to cost
Booked half @ 296 , increased SL to 292. Target upped to 305.
Read 4 tweets
26 Sep
1. UGLY DUCKLINGS vs DIRTY DOZEN. Recently ( July 23rd) had devised a hypothetical portfolio of stocks which were popular at one time, but were being shunned by the markets at that point of time. Called them as "Ugly Ducklings". 15 in number.
2. Most of them had good fundamentals ; however where there was a sharp deterioration in fundamentals, it was visible in the exaggerated decline in their prices eg Yes Bank & IDEA.
3. Typical of any powerful Bull Market, this portfolio also has performed well, however the point to note is, that this portfolio was designed to withstand the ensuing Bear Market, whenever it comes. (My definition of a Bear Market is: 25 -30 % drop in Nifty from the TOP).
Read 11 tweets
22 Sep
1. Different Scenarios & Conclusions. A longish thread. Characteristics of Inflation & Deflation. The CBs are making it sound we are in a deflationary situation by calling Inflation as 'Transitory". Do you believe them ?
2. What then is Hyperinflation ?. This may happen if we continue to pump money regardless of the inflationary forces raising their head.
3. How frequent is Hyperinflation & why did it happen?
Read 23 tweets
22 Sep
1.Opinion trump Facts : Was hearing @udayanmukharji's show where Ridham says he has been tracking Sensex since 1985. Sensex came into being only in 1986. ( Jan 2nd 1986 ) 😳
2. In the same program Udayan asks as to what will be the trigger for a major global correction. He should know that there are NO identifiable triggers for any Top/major correction. 🙄
3. @ShekharGupta also on the Evergrande issue. He was saying global markets are already having severe falls because of this fear, including India. All he needed to check was the last couple of weeks moves. Or for that matter even yesterday's moves, especially the US opening.😬
Read 5 tweets
12 Sep
@Jai_hyderabad @vka27 . A thread on Health & Sport. "If I can do it, anyone can do it ". Just like the Stock Markets. Running a Marathon requires the same kind of skill sets as Investing in the Stock Market. Here I am just describing my Running Experience (1/n)
2. In early 2015, when I was around 54 years, the running bug bit me when I saw a friend of mine running on the Marina Beach. He introduced me to Marina Minnals one of the many running groups which are based out of Chennai.
3. In College I was into Sports, mainly short sprints having represented college in various Inter-Collegiate Meets, but anything above 400 m was Hell for me. In 2015 my Running group friends helped me to navigate Hell.
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(