Only 3 things r required:
*Vision*
U don't need to an excel expert
*Courage*
Execute ur buy when time arrives
Don't need to b an expert trader/operator
*Patience*
Hold till u don't get profits in burts or see a breakdown.
Last one is rare in every one.
@Vivek_Investor *AVOID BOTH* is for those who can't respond to opportunities & going against the trend is the way to go. Moreover trapped players in quality traps would have no option but, to hit this option. Fear is instilled in all. Each day is a new blow up.
@Vivek_Investor There's opportunity in beaten down names except *BAJAJ CONSUMER* marked specially to highlight bad management practices. Though, interesting names like JYOTHY LABS could be interesting to study. Chasing a falling knife could be potentially tough though one cud see COLPAL at 1100.
@Vivek_Investor Capitals goods: cycle could turn after a prolonged period of suppressed/downtrend ROCE. Moreover one missed SIEMENS@950, ABB at lows & others. While the unwarranted fall triggered now could be opportunity. One could also look at other names with proper risk management at place.
@Vivek_Investor Its relative how u define quality. Though names with pricing power in auto ancillary cud b looked upon & few smallcaps/midcap bearing/forging cos alongwith a dominant resilient player in 2W. 2Q of pain is still left. Charts show fresh breakdowns.
Cons economy: can't b starved.
Irony:
Whn Nifty was surging on the power of 5 stocks then ppl in midcaps/smallcaps felt the suffering as they fell.
Now when ppl realized that they sud invest in super quality & extra rich valuation super largecaps then they fell.
It's like: A man in no where of anything. 😢