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Jul 17 • 7 tweets • 6 min read
Most of the new #investor rely on free #stock tips or recommendation from social media or news channel.

There is nothing wrong in this unless you buy those stocks blindly.

These are some websites and sources that you can use to do due diligence of the stocks before investing?
1. Zerodha Varsity- Fundamental Analysis

Most of you won't have an Commerce or a CA background and this Fundamental Analysis Module is written in layman language which can be understood by all.

Moreover it will help in understanding basic terminology.

zerodha.com/varsity/module…
Now there are some cool websites which can help you in analysis financials of the listed companies in India.

Let's go one by one and also see what are the benefits of using this.

Note: All the website are free and you don't have to pay anything.
2. @screener_in

Website: screener.in

Uses:
⚡️Creating your screener which can help in filtering the stocks
⚡️Brief information on the company
⚡️YoY or QoQ data in a single website
⚡️All the links for results, concall presentation, ratings update can be checked here
3. @TickertapeIN

Website: tickertape.in

Uses:
⚡️Create screener to filter stock in particular industry
⚡️Create Mutual Fund Screeners
⚡️It gives entire overview of the company
⚡️Plus you can get data of promoter pledging trend in a single website
4. @finologyticker

Website: ticker.finology.in

Uses:
⚡️An amazing website for those who like to check financial data in graphical form
⚡️It gives PE and PB chart for stocks
⚡️All the annual reports, rating reports and company's presentation is available here
This are some websites that you can use to do fundamental analysis of the listed #stocks.

All the financial data that you need can be viewed here for free.

Follow me @YMehta_ for more.

Like/Retweet the first tweet below if you can:

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More from @YMehta_

Yash Mehta Profile picture
Jul 16
Few people have asked in comment and in DM that Risk:Reward is not favourable for this trade.

So just want to answer this question.

Risk and Profit that is being shown is the max levels.

We will not wait for neither max profit nor max loss.
Let's say yesterday itself Stoploss would have got hit, then we would have closed position with loss of Rs 3000 max and not Rs 13,500 which is the max loss.

Also, probability of ending up in profit is 75%+.
So there is a 25% chance of loosing in this trade.
If we would have shorted naked without hedging then loss would be infinite and Risk:Reward was out of scope then.

We are buying far OTM options to reduce margin and for capping our max loss to a level from infinite loss.
Read 5 tweets
Yash Mehta Profile picture
Jul 14
Last week we lost #ShinzoAbe who was the former Prime Minister of #Japan 🇯🇵 and also a close friend of #India.

A book written on #ABENOMICS which talks about the Abe's Economic Legacy in Japan.

So let's decode what were the policies and what were its implication on Japan.
Shinzo Ab was a Japanese Politician who served as Prime Minister of Japan from 2006 to 2007 and from 2012 to 2022. He was the longest serving prime minister in Japanese history.

Economic policies set out by him, and his parties in 2012 helped in shaping the Japanese economy.
What is ABENOMICS?

Abenomics is the nickname for the economic policies set out for Japan in 2012, when Prime Minister Shinzo Abe came into power for a second time.
Read 13 tweets
Yash Mehta Profile picture
Jul 13
WHY INDIAN RUPEE ₹ IS FALLING AGAINST USD $ ?

Right now, in six months, Indian Rupee ₹ depreciated by 8% as seen in the chart.

Let's understand why Rupee is weakening against Dollars. Image
The answer to this is "Interest Rate Parity."

Assume interest rates in the US are 2% and 8% in India.

Isn't it simple to borrow at 2% in the US, invest at 8% in India and earn 6% Risk Free?

Let's simplify this further.
Let's assume you borrow $100 at 2% from the US to invest in India and then you are expected to pay back $103 at the year end.

In India, $1 is ₹ 74.

Hence, you convert $100 * ₹74 to ₹7,400, which is invested at 8% giving you ₹7,992 at the year end.
Read 13 tweets
Yash Mehta Profile picture
Jul 6
Why #Financial #Influencer community is being hated so much?

What went wrong with them?

Let's answer all these questions in this #Thread🧵.

Tag your favorite influencers so that they can also learn from the mistake.

Like❤️ and Retweet🔄this tweet for the benefit of others.
Let's start with an analogy now.

Just imagine you are in a school and you are 6 years old. You don't have much knowledge of what is right or wrong.

Your teacher says that throwing garbage in open is bad.

So what's the probability that you will do this?

Least Likely, right?
If the teacher says that smoking and eating tobacco is not good for your health, then again you will prefer not to do this, even if your favourite actor/actress or any celebrity promotes this.

You will follow what the teacher says.
Read 27 tweets
Yash Mehta Profile picture
Jul 3
Quarter 1 of FY 23 has given a lot of new learning in #trading and #Investment.

"#Market is like an Amoeba which keeps on changing its shape" so one has to adapt to it and grow.

So let's see what all #mistakes I did and what changes I did to my trading style.
First of all, let's start with #Options Trading.

Earlier I used to take the entire position on Thursday/Friday: one week before expiry. Because of this, I had no margin left for any adjustments in case of gapup or gapdown opening.
Now, I don't take all the positions in one go. It is splitted across three days.

25% Position on Thursday.
25% Position on Friday.
50% Position on Monday.

After this, I stopped doing fire fighting via adjustments and if Stoploss is hit, simply exit the position.
Read 4 tweets
Yash Mehta Profile picture
Jul 2
Yesterday, most of the Oil Explorer and Producing Companies Like #Reliance, #Ongc, #MRPL were down by 10%.

There were multiple reasons for this. So let's discuss each reason one by one.

Before going ahead, Like and Retweet this tweet for wider reach.
First Reason:

#Government imposed taxes on the export of petrol, diesel, and jet fuel shipped overseas by Indian firms.
A tax of ₹6/L on exports of petrol and aviation turbine fuel and ₹13/L on exports of diesel will be levied.
The step is aimed at meeting the demand of the domestic market.

The taxes on exports come after oil refiners, particularly from the private sector, attracted huge gains from exporting fuel to markets such as Europe and the US amid a surge in international oil prices.
Read 8 tweets

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