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by steppenwolf

Stealth

[TRADING] SBI HAS MOVED 20%. NOW WHAT TO DO NEXT ? ALSO, SOME OTHER BIG OPPORTUNITIES ?

SBI has moved around 20% for me. I'll explain how I plan to manage this trade ahead. You can read how and why I picked SBI here - https://share.gvine.app/yYujDrw15CLsLxC59 I have created my Substack, & I will begin posting there next week. I will drop the link here, so subscribe if you're interested :) I will also show who is interested, how to build a trading portfolio and enter the market at the right time in the next cycle after the correction. How one can outperform the market. ------------------------- The stocks that are on my radar are- ICICI B , JSW, Wipro, M&M. M&M has already given the entry but will wait for the pullback to get in. I picked up Wipro around 460. I selected Wipro before I started posting here, but will explain in another post how I chose it, just to give an idea of how to catch such moves. JSW Steel and ICICI Bank are getting ready, and I will initiate a trade when I get confirmation. I have entered with a probe quantity just to track it on a daily basis. They are doing the right thing for now. Again, I will only initiate if I get confirmation. I won't preempt. Why am I going behind JSW, SBI, ICICI Bank, and Wipro? Why behind Bank Nifty, Metal index,Nifty IT when PSU, Infra, Realty, Oil, and Energy are going crazy? Look at the index of Auto, Realty, Infra, PSU, Oil, and Gas, Energy. They have been consistently outperforming. Now if Nifty has to move up from here, which I think it will in weeks to come, I want to be in sectors and stocks that can offer a better good Risk:Reward. You always have to think about what can move next in the market. SBI, JSW, ICICI Bank, etc., are undervalued and underperforming. The sectors I mentioned above are outperforming but overvalued at this stage. Look at SBI and Wipro both have gone up 20% in the last 1 month without making any noise. I like it when the stock I hold keeps moving up without making noise on social media and news channels. CHECK COMMENT SECTION FOR SBI.

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