Posts in category All News
Dollar barges past 161 yen and eyes quarterly rise (28-06-2024)
Weak monsoon, populist Budget: 7 risks for stock markets in next 6 months (28-06-2024)
Oil prices edge higher as supply risks mount (28-06-2024)
StageInvesting +Elliot Waves (28-06-2024)
Known -Unknown Vs. Unknown- Unknown
Known- Unknown are the events where you know about the forthcoming event ( most of the times ) but you are uncertain about the outcome i.e. Budget / Elections /Small scams / Interest rate changes .
Markets generally correct 8-10% and then start the previous trend .
These kind of events are regular ( happen every 1-3 years )
Unknown-Unknown Where events are not predictable, they are sudden ,you’re neither aware about the forthcoming event nor its outcome .i.e. Covid / sudden wars / big scams .
Markets may fall 30-40% and future trend may be different than the previous trend .
These kind of events happen every 8-10 years e.g. early 90s/ 2008 / 2020
Common people are unable to make this distinction and they tend to remember unknown - unknown events more as fall is greater & serious wealth destruction happens - that’s why they are not able to commit big money in the markets .
Intraday trading strategy for gold, crude oil by Neha Qureshi of Anand Rathi (28-06-2024)
Wall Street closes subdued as investors sit, wait for inflation data (28-06-2024)
US IPOs off to their best start in a while (28-06-2024)
Orbit exports (28-06-2024)
have been studying the company. few points
- If promoter has participated in buyback this time (and not before) then is surely means company has peaked.
- Sales and margins are stable so no more upside.
- As margins are high, competition could lead to margin reduction as it is not a branded / differentiated company.
At current price of 180 seems to be fairly valued with downward risk.