To be rich in the stock market, you must have:
1) Nazar (to identify the right stock)
2) Jigar (to press the button and enter a stock)
3) Sabar (to hold the stock)
If you have none of the above and you rely on random “Khabar”,
The stock market will soon dig your “Kabar. 🙂
Financial wisdom
Good Company’s poor quarter is an opportunity to add
Poor Company’s good quarter is an opportunity to exit
Fibonacci Retracement Tool
Entering into stock using Fibonacci retracement :-
1. Go to Fibonacci retracement tool
.2. Place it from last low of candle to the last high of candle
3. Once the price is retraced, touch .38 line
THAT IS YOUR ENTRY ZONE
Asian paints – leading in paint sector
Asian Paints does not have the best product in the industry, but they still dominate the paint sector.
This is happening because the enormous data that the company has collected over the decades.
The process this data using a supercomputer that the company bought for 8 crore back in the 1970.
Take an example , the company can predict what kind of paint will be sold in its New Delhi outlet on 29th October at 8 pm With an accuracy of 98% !
Now, tell me that doesn’t grow your mind.
Lesson to learn
Uday Kotak had tasked Falguni Nayar to expand Kotak Mahindra Finance Limited (which she did) and then she headed Kotak Investment Banking
In 2012, she left to start Nykaa.
Now Kotak Investment Bank is the IPO lead manager to her company Nyka
What a massive progress & acheivement..!!!
Facts about market
Do you know that if you are a shareholder of any company, you can go to their store and ask for a discount?
Companies like Tata and Hawkins offer special discount coupons to their shareholders during festivals like Diwali, etc.
This is how you become “Shareholders with benefit”
Game of investing
Buying second best thing……
Government giving orders in infrastructure , buy cements equipments stock.
Auto sales picking up , buy carbon black , tyre or auto ancillary.
Increase in new home buyers , buy paints , housing finance , plywood.
Game of investing
Too many people think grass is greener somewhere else but the grass is green where u water it.
It’s same condition essential to be the great player of investing game
Just water the grass.
Remember that
