@pranavpallod12 thank you for starting the thread and giving detailed information…
Being a doctor i was looking for a company within my area of competence but seeing the regulatory hurdles to run a hospital in India always kept me away from hospital s.
As went through thread n ipo discussion n concall got a strong conviction about the business model and various verticals of growth.
Aspirations of young management will be the key in future capital allocations.
I liked the when he speaks about risks of buisness he is very clear about competition is not actually from any listed or unlisted players in sector but risk is in currency fluctuations.and they have plans for that also …
For a microcap which is yet to deliver a lot valuation seemed little high but seeing the growth aspects and strategies eventhough it’s capital intensive business i t was buy for long-term for me.
Disclosure… Entered today at 150 level

Update:
GREENPLY INDUSTRIES – Monthly Chart: 186 – 275;

• A smaller slant breakout played out, volumes have risen in weekly chart, with increasing deliveries.
• A Multi year channel being respected
• RSI breakout done
• Previous Slant breakout in 2012 led to a bull run in the stock.
• Similarity in setups from 2007-12 and currently from 2018 Jan top to 2023

Safe to assume bullish bias ahead, with bigger slant breakout leading to large up moves.

Update: Feb 24
Current portfolio holdings:

What was done in this meantime
Life

• I worked – Got my salary 2X which opened a lot new opportunities of investment.
  PF
• Laurus labs – I find the current situation to be a weakness in the stock / business. I still find the company to be highly innovative except for the concern whether they are getting into too much stuff parallelly. Adding them constantly hoping to make a higher allocation after RIL.
• Polymatech – I had already burnt my hands on paytm, However this was an opportunity i did not want to miss. It is the only semiconductor related share i could get on sane PE. Company is reporting YoY sales improvements and is planning to invest on equipment’s from the IPO proceeds as well. Ultra low number of employees is a red flag, Will wait and decide on holding it.
• Mohan Meakin – For long wanted to get a alcohol share which is cheaply valued, Has a track record of people actually liking their stuff. But all those shares are having bizarre PEs. Hence, Looked and picked this one up.
• Jio Financial – Got it during demerger – Expecting a disruption from them. Was adding this but there has been a high price bump which has hindered it.

Exits – RTS power (Swapped for Geekay) , SPITZE – Exited post bonus
Shopping for : JFS, Laurus, Deepak chemtex

Regards,
Voldemort

@hitesh2710

Sir, have you always had this thought of participating in stocks which are trending, or is this something you had started to look at, after a few years of investing?

And have you pivoted more towards momentum, or do you have a long-term PF too, which you add to, despite seeing great profits with momentum?

And would you attribute a portion of your success as a momentum participant to market, or, have you reached a stage where you are confident enough that you will see profits even in the absence of a conducive market?

And if you can provide some insight into managing positions w.r.t risk, as momentum can lead to losses too?

I am an enthusiast and learning, hence such questions, hope you don’t mind. And as always, thank you very much for all the knowledge and wisdom you provide.