About bearish Market , I have not yet thought of…or secretly hoping, it never comes…
But , may be even during bearish market there might be some sectors or stocks who might be outperforming or may be in bullish phase…I really dont know…May be I will be in Cash that time…So Thats a blindspot. Thats the reason I am 70% invested in Mutual Funds and only 30% into this strategy as I am evolving and in learning phase so dont want to make earlier mistake of taking on more that i can chew. So I have employed Fund managers to do the heavy lifting of 70% ( even in that they will be doing 35% and remaining 35% into index so auto-pilot) and I will be doing 30%…But I am open to suggestions about bear market behaviour.
Posts in category Value Pickr
Mudit’s Portfolio (Passively Active) (26-04-2024)
Mudit’s Portfolio (Passively Active) (26-04-2024)
about Previous resistances…
See above chart of Divis Labs…You can see that currently Divis labs is moving up…its in uptrend but May 22, April 22 and before that dec 21…all those Tops are there. These people who bought at those levels are waiting for price to come to their buy levels, once price comes to their levels they will start selling and hence your price will go down…That means these earlier buyers will not allow your stock price to move ahead and they will offer resistances for price advance.
As against this see this see this Trent chart…
Here the sky is clear…No resistances for price increase…So it can go up easily as no previous sellers are there…
Now most important thing is the older these resistances are, they become more in-effective…so Beyond 1-2 years it doesn’t matter even if there are resistances , because then old resistances don’t influence the price. .Because most investors or traders don’t hold stocks so long for their price to come back,Many ppl mostly sell at loss and get rid of losing stcoks.
Mudit’s Portfolio (Passively Active) (26-04-2024)
about Previous resistances…
See above chart of Divis Labs…You can see that currently Divis labs is moving up…its in uptrend but May 22, April 22 and before that dec 21…all those Tops are there. These people who bought at those levels are waiting for price to come to their buy levels, once price comes to their levels they will start selling and hence your price will go down…That means these earlier buyers will not allow your stock price to move ahead and they will offer resistances for price advance.
As against this see this see this Trent chart…
Here the sky is clear…No resistances for price increase…So it can go up easily as no previous sellers are there…
Now most important thing is the older these resistances are, they become more in-effective…so Beyond 1-2 years it doesn’t matter even if there are resistances , because then old resistances don’t influence the price. .Because most investors or traders don’t hold stocks so long for their price to come back,Many ppl mostly sell at loss and get rid of losing stcoks.
Aster DM healthcare (26-04-2024)
It’s trading ex dividend
Aster DM healthcare (26-04-2024)
It’s trading ex dividend
Mudit’s Portfolio (Passively Active) (26-04-2024)
Simple definition of relative strength is price of your stock should be increasing more compared to nifty index or that sector index. Like today Nifty was down 0.66% but one of my stock Dixon technology was up 6% or Kilburn Engg was up 5% so these two stocks were relatively more stronger than Nifty Index. Similarly today Bajaj Finance was down by 7.72% so it was more weak compared to Nifty Index. Simple way to find the relative strentgh stocks is compare the Relative outperformance of stocks to Nifty 500 Index on Trendlyne website. These you can select your desired universe Nifty 200 or nifty 500 or nifty 750 etc. This realtive strength you can comapre on daily or weekly or monthly, quarterly , yearly option. Mostly Using monthly or quarterly option is better so you can avoid some abnormal daily outperformance and you want consistent monthly or quarterly outperformance. Once you get these list of stocks, you can check their chart on Trading view from stage analysis point of view.
Mudit’s Portfolio (Passively Active) (26-04-2024)
Simple definition of relative strength is price of your stock should be increasing more compared to nifty index or that sector index. Like today Nifty was down 0.66% but one of my stock Dixon technology was up 6% or Kilburn Engg was up 5% so these two stocks were relatively more stronger than Nifty Index. Similarly today Bajaj Finance was down by 7.72% so it was more weak compared to Nifty Index. Simple way to find the relative strentgh stocks is compare the Relative outperformance of stocks to Nifty 500 Index on Trendlyne website. These you can select your desired universe Nifty 200 or nifty 500 or nifty 750 etc. This realtive strength you can comapre on daily or weekly or monthly, quarterly , yearly option. Mostly Using monthly or quarterly option is better so you can avoid some abnormal daily outperformance and you want consistent monthly or quarterly outperformance. Once you get these list of stocks, you can check their chart on Trading view from stage analysis point of view.
Aster DM healthcare (26-04-2024)
Why did Aster DM fell by 20%, any reason?
Aster DM healthcare (26-04-2024)
Why did Aster DM fell by 20%, any reason?
Mudit’s Portfolio (Passively Active) (26-04-2024)
Request you to share your process for the above 3. Intend to learn and adopt. Much Appreciated. TIA.
What you will do in the bearish market phase?