@VIVEKNAIDU_JBP@rohitmusalecfa Those are the EPS value and the lines shows the slope between two values. if EPS has increased the slope is positive and vice versa.
@Anurag_4M@rohitmusalecfa yaar , they will say whatever they want to trap people with money.
if you are in loss, just think as a paid lesson to not invest without your due diligence.
and trust me bro, " 50k loss is still better than 1L"
@Anurag_4M@rohitmusalecfa technical wise: BAD as of now.
it is upto you, if i had been stuck in this stock, i would have exited once stock rallies little bit.
and final decision comes to you because stock might not even rally.
@Anurag_4M@rohitmusalecfa is not so fundamentally strong, industry wise not the leader, it is the 4th in it's industry but with HUGE margin,
the leader as 90K mrkt cap and lemon has 9k (not so big player right?)
and yes the industry also degrading.
@rohitmusalecfa i rejected the stock because it was trading in the red zone, and it gapped up and start heading higher, usually traders think this is going to the moon and hop on to the momentum and a small decline could hit their stop loss.
for me RS comes later.
In my personal trading journey, I have realized that whenever I have tried to chase a stock, most of those times I have lost money. And whenever I have not tried to chase a stock, whenever I have allowed a stock to come to me and fit into my criteria, in most of those cases, it has been profitable for me. So it took me some time to understand that as long as I stick to my criteria, and if I allow the market to come to me rather than me chasing the stock or the market, I should be doing fine. Recently, I came across a stock called as Polycab. It was extended from its weekly pivot point. But on the daily timeframe chart, I found it was forming a tight little base. And I thought, why not enter? Because the fundamentals and everything was in my favor. So I knew I was taking some risk because I was buying the stock extended. I also made a video on this to document my story in the stock. This was very recent. Obviously, the stock did not do well. I ended up cutting my loss short. But one thing got confirmed from that experience is that the market still shows some level of weakness. If fundamentally strong stocks are not performing the way they are expected to perform coming out of a base, then it makes sense to be careful. It makes sense to wait patiently till the market fully recovers.