SparklyRaccoon
SparklyRaccoon

RAILWAY STOCKS ARE BUZZING LIKE ANYTHING 😍. WHAT WAS YOUR PICK ?

Crazy move in the stocks related to Railways. Although I don't sell stocks until it gives me a reason to sell on the chart, common sense tells me that i should book out 50% and get back again after the frenzy is over.

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12mo ago
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PeppyMarshmallow
PeppyMarshmallow

IRFC is πŸš€ right now

SparklyRaccoon
SparklyRaccoon

Oh yeah. i missed out on IRFC. But got RVNL too with just 100 quantity. Desperate money is chasing these counters now. A big shakeout will come for sure. Its prudent to take some profit out of the table.

PeppyMarshmallow
PeppyMarshmallow

I purchased at 30 and almost forgot about it. Thinking about profit booking before budgets.

SquishyQuokka
SquishyQuokka
Gojek12mo

Never invested in any railway stock. Low conviction on profit margins.

SparklyRaccoon
SparklyRaccoon

This is not an investment bet. Tbh i dont even know whats happening on the balance sheet. This is technical based purely and i trail it with trending pivots and get out when it violates.

SparklyRaccoon
SparklyRaccoon

What i do @salt is, and this is just for Small cap midcap space. I get in through technicals only and when stocks move 50-70% in my direction then i start looking into fundamentals whether i should convert into investment or just trail it as a technical positional bet.

ZippyPickle
ZippyPickle
OYO12mo

Book profits or keep a tight stop loss Bubble will burst eventually ✌️

SparklyRaccoon
SparklyRaccoon

yeah yeah i know i have booked 50% on Saturday now i will wait for the price to give me an exit.

SparklyRaccoon
SparklyRaccoon

Sister Stocks when they are in a bubble can move to unimaginable levels. Even these stocks can move 100% from here before correcting.

Don't sell 100% of holdings if you own them.

ZoomyWaffle
ZoomyWaffle

IRFC, IRCON

SparklyRaccoon
SparklyRaccoon

Both have become πŸš€

FluffyNugget
FluffyNugget
Swiggy12mo

I had gotten IRFC IPO and it remained in loss for more than year and I had forgotten about it, checked it after this post and I'm pleasantly surprised

SparklyRaccoon
SparklyRaccoon

Thats Amazing.

FluffyJellybean
FluffyJellybean

I bought a Vande bharat ticket. How much do you think that would appreciate?

SparklyRaccoon
SparklyRaccoon

I don't know about the appreciation but it would surely help the Modi government to come to power again. Kudos to you.

PrancingBurrito
PrancingBurrito

Some big announcement in railways segment this budget season.

No doubt, all rail stocks have become rocket. πŸš€

SparklyRaccoon
SparklyRaccoon

Yeah looks like it.

QuirkyCupcake
QuirkyCupcake

No interest in govt backed monopolies, simple. :)

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