@suryachaudhary1 4. If crossed, that would a final nail in the coffin for quite some time.
5. Only some good news or heavy Institutional buying might save the stock for now.
6. Overall, a lighterage call, or atleast book part profits and acumulate once technical shows fresh buying opportunity.
@suryachaudhary1 1. Volumes rising with falling price(people selling at any price offered)
2. stock price <21/50/200 DEMA, Enough to ring alarm if someone is holding with profit.
3. 50 DEMA is about to cross below 200 DEMA, Matter of another bad week or so.
@suryachaudhary1@ayushmarda07 Sachin bhai my concern is that although their majority market is not US but for their feed recipients the majority market is US. Feed being it's majority business, it is indeed concerning.
Secondly, i agree that domestic seafood demand is rising, but there's always a price..
@suryachaudhary1 Very true and much needed topic. Many superstar funds are chosing famous expensive stocks that warrant a thought over the funds future performance. Many bhed chaal persists. I simply pick up the funds stock list and DMOD whether as per my risk apetite would i buy them or not?
@suryachaudhary1 There's a lot a catching up with news, can you suggest somewhere to find a simplified calendar for results and concalls so that one could focus on important days and companies of interest? Thanks in advance.
@sushilkedia Do not fall for the trap kedia saab, you're too big of a name and crazy people would say all sort of things to seek your attention, don't let negativity empower emotions.
Noticed this while you cross an Indian road by foot?
Motorists, 2W and 4W, accelerate when they see you cross.
They do this even if you are at a pedestrian crossing.
Most Indian drivers do not want to let a walker pass.
Instead, they always want to quickly drive across before he walks past.
This bizarre driving behaviour shows what kind of person a driver is.
It shows that he does not wish to extend the slightest courtesy to another person on the road.
He is even willing to risk causing an accident than slowdown, wait, let pedestrians pass and then drive ahead.
Should we not do better than this?
3. Know about the business, read annual report. reject if not impressed.
4. Do investors due diligence.
Basic checklist attached.
I've seen quality content coming from you all. You're welcome to add anything @suryachaudhary1@Praveen12Pranis@raghavwadhwa@Vismaya9999
There's a common question by folks to everyone who could spell 'stock market', How do you select a stock?
From a good read,
1. Identify stock of interest use screeners, common sense or any of the million ways.
2. Identify moats, reject if not impressed.
thread🧵..