Snippets from the talk delivered by @deepakshenoy at @Traderscarnival #IC2017
Topic was serendipity at 52 week highs.
Topic was serendipity at 52 week highs.
Cheap is an opinion. A stock can be cheap at 52 week highs too.
Buy at 52 week highs. Because it would do what you want it to do. Go UP.
Buy at 52 week highs. Because it would do what you want it to do. Go UP.
Find stocks with momentum and those with clean books and good management.
Stocks keep making new highs at different levels as it generates interests at different levels from MFs, FPIs etc
Stocks keep making new highs at different levels as it generates interests at different levels from MFs, FPIs etc
Stay cautious when there are new highs but are not followed by any kind of earnings growth or balance sheet clean up.
Warning signs would be promoter indulging too much in stock prices. Promoter selling at each high or F&O bans etc.
Warning signs would be promoter indulging too much in stock prices. Promoter selling at each high or F&O bans etc.
