Elecon gave me the needed confidence now take some more risk as my idea was now i have some buffer i can take some risk .
2022 Gujarat fluoro and HBL were 2 ideas i loved both stories GFL aroudn 3300 & HBL around 95 .
HBL i added initial a 5% allocation and eventually scaled with improving business @ 250 & 270 . Here as well i tried to wait for numbers @130 rs when train accident happened and then HBL never stopped. I still hold my position and havent sold and this is now highest position for me in PF . GFL i sold at 10% loss which was also a 15% size .
Credits where due @basumallick @Anant . Anant detail post and his view on valuepickr had benefitted a lot . It helped to understand the business better as they didnt do any concall.
I have learned from @hitesh2710 @Anant concept of building big positions i am trying to get better as it comes with its own risk . Note – those are my learnings i have tried to pick up its my view not their thoughts which i am penning here .
Scaling a position is what i am trying to go to. Now after lot of practise i can scale upto 20% position . I generally averge up my position basis fundamental and charts . Even if i like story i will add and then wait for numbers / technical volume and price to play out to add further . I prefer cushion of my first entry to add more.
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