Basant Sir, there are many variables in stock picking. And the biggest of them is sentiment. Although personally speaking, I have always seen sentiment as a variable to be challenged to make serious money here yet, in order to challenge that one has to be sure about that well.
Growth is a good variable when you are sure about survival. One thing I have noticed with growth companies is that even though P/L may be wonderful, yet the Balance Sheet is not in great shape. P/L mishaps can be taken into stride if Balance Sheet strength is there, but B/S mishaps can be fatal for an organisation.
There is time for everything in life. Before we try to make sense of future, we have to understand the present. And this is where we are all getting wrong. People should understand that retreat is also a strategy.
This is the time when you need loads of patience, and that should not be a forced patience. I will pounce on a Goodricke if I get it at less than 40 or a tata Chem if I get it near 120, but I will like to wait out for that thing to happen.
The most essential thing in stock markets is timing. However hard we may shun it, but this is what distinguishes froma wonderful performer from an ordinary performer.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
