Chintan Chheda Profile picture
SEBI Registered | #Investing for Living | Ex- #TCS | Ex- #Citi |Direct Equity, Mutual Fund - Momentum + RS #StockMarket
Sep 27, 2020 20 tweets 6 min read
TREND TRADING

This is going to be a long thread which talks about Trend trading investing in the Indian Stock Market. I learned very early "Trend is your Best Friend" but hardly found any practical method that can be applied in Investing and Trading

I had to burn my fingers and finally learned some concepts of the trend. I have been applying these concepts and have been richly rewarded
Sep 27, 2020 18 tweets 3 min read
Birlasoft Ltd

This thread is on the company Birlasoft and the company has gone through a complex merger and then a demerger. Birlasoft is engaged in provides Software Development, global IT consulting, and Product Engineering solutions to its clients, predominantly in Automotive and Transportation, Manufacturing and Energy, and Utilities verticals.
Sep 15, 2020 5 tweets 1 min read
Chemcon Speciality Chemicals IPO to hit Dalal Street on September 21 Chemcon, the manufacturer of specialised chemicals - HMDS and CMIC, is likely to raise around Rs 300-400 crore through its IPO
Aug 18, 2020 7 tweets 3 min read
“India is a far better place than what it was in 2000. Debt-to-equity ratio of Sensex companies, which is a bunch to large corporate houses, was at 3.8:1 back then It came down to 1.8:1 in 2010 and today, 85 per cent of companies in the 30-share pack hardly have any debt,” Kamath “Government debt levels will go down with the pickup in growth. They can harvest the fruits of growth in the form of taxes, etc,” 

#Debt #economicresponse
Aug 12, 2020 4 tweets 2 min read
Top Dog of Dalal Street - #ITC Sensitivity Analysis - One of the most positive analyses with the least multiple. Image Past Performance ImageImage
Jul 23, 2020 5 tweets 1 min read
Fwd

Today's students may not even know that the alphabet of Indian languages ​​is full of science. Each letter of the alphabet is logical and placed sequentially with precise calculations. Such a scientific view is not ingrained in the alphabet of other foreign languages. E.g. See:

*क ख ग घ ઙ* - This group of five is called *kanthavya* because the sound comes out of the throat while pronouncing this. Try pronouncing.

*च छ ज ज ઞ* - These five are called *palate* because the tongue will feel palate while pronouncing this. Try pronouncing.
Jul 9, 2020 4 tweets 1 min read
SEBI considers permitting futures trading in petrol, diesel

The Securities Exchange Board of India (SEBI) is considering to concede futures trading in petrol and diesel. As of now, futures trading is allowed in crude oil. The reason behind this is there has been no disruption in commodities derivatives trading during the Covid-19 crisis.
Jun 23, 2020 6 tweets 1 min read
In the 1960s, Walter Mischel, an American psychologist specializing in personality theory and social psychology, conducted a famous experiment at Stanford University’s nursery school. In the experiment, now widely known as the Stanford marshmallow experiment, four- and five-year-olds were presented with a difficult choice.
May 16, 2020 4 tweets 2 min read
FMCG-to-tobacco-to-hotels giant ITC is back on acquisition path. The over Rs 40,000-crore conglomerate has acquired from Johnson & Johnson (J&J) its India business of Savlon and Shower to Shower, two of the major brands globally for the consumer and healthcare multinational. ImageImageImageImage "ITC has entered into asset purchase agreements with Johnson & Johnson India, and Johnson & Johnson Pte, Singapore, for purchase of Savlon and Shower to Shower trademarks and other intellectual property, respectively, primarily for use in India.
May 2, 2020 8 tweets 2 min read
When we hear Reliance Industries, we think of oil, telecom or retail but do we think of Mangoes? But RIL is also one of the top exporters and growers of mangoes! Here's the story! Image Let’s quickly go back to 1997. One of the biggest weaknesses of Reliance at that time was the huge amount of pollution it was causing.
Apr 13, 2020 9 tweets 5 min read
Potential order of Economic Recovery Sectorwise. Image “And once the storm is
over, you won’t remember
how you made it through,
how you managed to
survive. You won’t even be
sure, whether the storm is
really over. But one thing is
certain.
Apr 3, 2020 4 tweets 1 min read
Fwd

Just be careful because people are going crazy from being in lock down! Actually I've just been talking about this with the microwave and toaster while drinking coffee and all of us agreed that things are getting bad. I didn't mention anything to the washing machine as she puts a different spin on everything. Certainly not to the fridge as he is acting cold and distant. In the end the iron straightened me out as she said everything will be fine, no situation is too pressing.
Feb 24, 2020 6 tweets 2 min read
Weekend Reading

A person asked a question to his Guru, "My workers are not true to me. My children, my wife and the entire world is very selfish. No body is correct." Guru smiled and told a story. In one small village there was a room with 1000 mirrors. One small girl used to go inside and play. Seeing thousands of children around her she was joyful. She would clap her hands and all the 1000 children would clap back at her.
Feb 8, 2020 7 tweets 2 min read
Weekend Reading

In ancient Greece, Socrates (the famous philosopher) was visited by an acquaintance of his. Eager to share some juicy gossip, the man asked if Socrates would like to know the story he’d just heard about a friend of theirs. Socrates replied that before the man spoke, he needed to pass the “Triple-Filter” test.

The first filter, he explained, is Truth.

“Have you made absolutely sure that what you are about to say is true?”
Feb 4, 2020 6 tweets 1 min read
On China $173 billion's infusion by china, what comes to my mind is what's the hurry in infusion.

You can call it proactive, but at what cost.

This brings us to the question is china sitting on a domino effect. What was the hurry to trap all the bears in such a hurry. Bearing the highest possibility of spillover effect which needed to curtail even more faster. Image
Jan 28, 2020 5 tweets 2 min read
Reading

A person was walking through an elephant camp, and he spotted that the elephants weren’t being kept in cages or held by the use of chains.

All that was holding them back from escaping the camp, was a small piece of rope tied to one of their legs.

#TuesdayMorning As the man gazed upon the elephants, he was completely confused as to why the elephants didn’t just use their strength to break the rope and escape the camp. They could easily have done so, but instead, they didn’t try to at all.
Dec 17, 2019 8 tweets 2 min read
Blind Men & Elephant

The parable of the blind men and an elephant from where it has been widely diffused. However the meaning of the popular proverb differs in other countries. It is a story of a group of blind men, who have never come across an elephant before and who learn and conceptualize what the elephant is like by touching it.
Dec 16, 2019 6 tweets 1 min read
Ralph Wanger was born in 1933, almost to the day of the bottom of the Great Depression. He went on to be not only a great investor but a great investment writer, sharing wit and wisdom in his quarterly shareholder letters. Wanger once analogized the stock market to a man walking his dog in New York. The man has done the same walk for years, starting at Columbus Circle, strolling through Central Park, and ending at the Metropolitan Museum of Art.
Dec 12, 2019 4 tweets 2 min read
#FraudAlert

A person was trying to scam me through PhonePe.

He called me and told that- there’s ₹2999 CASHBACK is pending and I’m a PhonePe executive.

Open your PhonePe & check notifications. As he told me, I understood he’s trying to scam.

@PhonePe_ @PhonePeSupport Image But, just to see the Payment request address, I opened the app and checked notifications. Within a few seconds he requested ₹2999 from Balance Hero India Private Limited.

I told him- wait I’m near a police station will handover your details. He started abusing me.
Oct 14, 2019 4 tweets 1 min read
Recently a couple of brokers went bust and to many investors' surprise, they do not have shares in their Demat account which they purchased even long back. When you buy a share, after a few days (typically two working days after the purchase) the shares are credited to the Broker's pool account. The broker is supposed to transfer your share shares immediately from their (Brokers) pool account to your account.
Oct 4, 2019 5 tweets 2 min read
Banknifty is not trending rather it's just trading.

It's at the same level as the beginning of 2018. Technically on the daily charts, there is a Strong Sell signal. Which is not likely to sustain for long.

We could see a reversal in the bank nifty very soon. Image Nifty & Banknifty ratio is also at a key level suggesting reversal. Image