Finally I have decided to stop short term swing/momentum trading for now . The recent smallcap crash on the rumour of Covid beat me to submission . For next few months ,not planning to buy shares for technical or reversal trade as I find the market very unstable .
However, with that decision came the pruning of such shares and reinvestment of the resultant cash to stocks I have more conviction in or already hold.
So I increased allocations in Mirza,Aegis,Sirca,Sarla,Ultramarine,Piccadilly,South Indian Bank,Optiemus and invested in a new
stock … Alufluoride(@275).
Sold off BEL( PSU … had bought high),Specialty resturant(Low conviction somehow),Novartis(The premise remains but not sure how much time markets will take to recognise it) etc.
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