Neck fight : Are you planning to buy today?

Hi All, If you have any particular stocks in mind which could go up after the election results. Please share. Note: I know that we should not blindly trust speculations but I have left trading stocks a long time ago. I know prices fluctuate very much after the elections, so just wanted to know the stocks which you are positive about.

Don't say I will buy when it falls more, this is the moment when I am getting in MAXed out.

I had shared about 3 trades here and rationale behind taking it. You can check it here - https://share.gvine.app/sugCF7MjAeSSFkvh6 SBI - BUY Price 635 Up around 10% General Insurance - 360 Up around 25% APAR IND - Just around the buy price of 6200. It is not of surprise to me what SBI has been doing among all the Large Caps. It was doing the right thing for the last 1 month and then started moving silently. Bank Nifty is not in the right structure, we will get a periodic pullback in SBI. The strategy is to hold and sit tight. I will use periodic pullback to add again into SBI again and will hold until the structure deteriorates. Trend is not going to be smooth like in DLF, Tata M etc. PSU bank space was silent for so many years and now they are posing a great competition to private banks. Private banks need to revamp to attract at such prices. GENERAL INSURANCE - It is a small cap and moves can be pretty wild. I did not explain the structure, i will do it once trade hits a certain %. APAR IND is taking its time, i like it when Stock consolidates absorb all the supply, shakeout a lot of participant and then move higher. Lets see how this trade pans out. Any trade that will be taken from now on needs to monitor closely.

No one has expected to see such graphs in these two days. I want to understand what's out there for us? And what are your thoughts on the Indian Stock market.??

Here is the link where i mentioned about the SBI trade, I am fully scaled in with avg Price of 638. https://share.gvine.app/sugCF7MjAeSSFkvh6 I have explained everything on the chart. Ideally the price should consolidate for a few more sessions, even fall some % points, before moving higher. If this is an aggressive trade SL can be around 5950 on a daily closing basis, mere violation is not enough. For Positional trade (12-18 Month) SL should be 5200. MARKET COMMENTARY :- For the last 2,3 weeks, i have been booking out profit and have raised 40% cash as the market was getting extended for my liking. But the market is not showing any signs of slowing down, Last week Nifty oil& Gas, yesterday Nifty IT, today Realty, metal. If Bank nifty starts to chip in we'll head a lot higher. Every other day 1 or another space is setting up apart from main indices. Eg. Broking/AMC companies (BSE, CDSL, Angelone, Tata investment) in the last 2,3 days. Our biases have 0 value until the chart confirms it, So i have bought Nifty FUT last week to up my exposure to 100% again. I am also inclined to take positions in stock like SBI, JSW STEEL, WIPRO, APAR IND etc Where i have RISK:REWARD in my favour. But newly built positions have to be monitored closely. I will not be scaling if things are over extended like for eg. TATA M, CANARA BANK, DLF etc. MARKET IS SUPREME. Don't miss out on the rally on basis of your biases.

Currently Market is offering an excellent Risk : Reward. I know how hard it is right now to build positions, that is why i have a focused approach(Nifty 100 only). Whenever the market is going to give you Risk : Reward things are not going to be rosy. I carry out 1 exercise on the weekend to check the market breadth when markets are falling. I couldn't post last weekend but i will try to post it this weekend. It immensely helps me in building a hypothesis. In my post i mentioned that buying Opportunity currently exists in the market but Risk : Reward wise Banks, FMCG , Metals are an excellent bet at this stage. Also stocks from Nifty 100 are exhibiting strength wrt to Broader market .ie. Nifty 500, Nifty 750. Check out here - https://share.gvine.app/df3TRVcpCV5VF81M7 I have gone behind Bank Nifty Fut today but with 50% of intended Scale in. I will scale up another 50% after some stability in Nifty. I have gone behind Bank Nifty FUT and not options. The journey is not going to be smooth on the upside, momentum is missing so dabble into options only if you understand risk. Now, I have started to build a newer position in a few counters but they are from the Nifty 100 list only. For the time being Nifty 100 is my only universe. I am tracking stocks from small cap, mid cap space as well but i wont buy anything unless those indices become stable. ABB, HAVELLS, COLPAL , ICICPRULI , JINDAL S, TATA S. Except Havells all of them have given an entry opportunity and Risk : Reward is great. TATA M, M&M, DLF are eg of stocks that will offer opportunity. In one of my posts I mentioned that i want to go behind M&M but risk : reward is skewed. Now i might get an opportunity. Out of Auto, Realty i will just go behind 1 Stock. Global and US markets are stable. Let's see what we do. I have my Stop losses in place, if things start going south, i will simply cut out.

Below i have given links to my last few posts go through them to understand what i have done in the last 20 odd days. I was mentioning it from the month of Feb that Banks, FMCG , Metal are the sector where Risk : Reward lies in the market. Check it here - 1. https://share.gvine.app/GiMiy13zbhGLgrT97 I did give out stocks i am going behind for this cycle. Check it here - 2. https://share.gvine.app/cpfpbGgLVp441B2D8 I did go long in Bank Nifty FUT around 47100 Check it here - 3. https://share.gvine.app/8aJtMzoHxdWv7hPv5 I built my positions in Jindal S , Tata S , COLPAL, ABB , SIEMENS , ICICI B , BANK NIFTY FUT , Nifty FUT and SBI. From my entry point :- Jindal - +14.51% (Entered at 805) ABB - +14.35% ( Entered at 5880) COLPAL - +3.45% (Entered 2650) SIEMENS - +15.75% (Entered at 4880) ICICI B - +1% (Avg price is 1070) TATA S - +16% (Well i am holding Tata S from 115 levels i picked it up on 25 July 23. But i have entered again as a new trade around 140 on Feb 24 ) BANK NIFTY FUT - Long at 47100, till now have captured 1550 points. Picked up 2 Lots Nifty Fut - Picked up 1 Lot at 22,220, captured 300 Points Go through the links, i have mentioned above, i have updated everything here in real time. I did not explicitly post for each trade for that i will have to post on a daily basis. But i did mention where i am looking and where the opportunities lie with RISK : REWARD. Again risk : reward is of utmost importance for me. I don't like to talk about numbers but i will do it this time to show you that simple things work very well in the market. From 18th March - NIFTY 500 - +4.5 % Bank Nifty - +3.72% Nifty - +2.05% My portfolio is up 8.72%. I have outperformed every benchmark index by a margin. And this outperformance will continue because i have gone behind the leaders of this upleg. Now i expect all of these stocks to pause a little and absorb the supply before moving ahead. What next ? Check comment.

The broad trajectory of the market is going to be up with volatility. Some adjustments need to be made to the trading style. https://share.gvine.app/yXc9GETSiWn8c2Uz8 In this post i had stated that ICICI is setting up for the move. I entered 50% last week, and i have fully scaled-in this week. There are 2 themes in the market right now. The one that has momentum for eg, Nifty Oil and Gas, Energy , PSU, AUTO. These sectors have underlying momentum but risk reward is not great, these can exhibit crazy movements but volatility can kill your trade. Other themes are Bank Nifty, FMCG, CONSUMPTION , METAL.Risk reward exits here. These sectors are under performing and undervalued in the current market context. From here on i am only going to build new positions in these sectors. For eg in Bank i have built positions in SBI, ICICI, now Axis if it sets up. SBI is taking its sweet time, consolidation is healthy. I want to build another 200 quantities so i am buying 20 25 stocks daily to take advantage of the volatility. It will set up again and move up. Let's see how things progress.