Friday, September 12, 2014

RS


Autos and IT are outperforming this week. The other sectors are kinda flat.

Sona Koyo Steering


Sona Koyo Steering is another recent SPMM pick which has turned out to be a winner. It was suggested in the first week of August to SPMM members. I myself have taken an entry around 39 and now I'm trailing at 58.


Thursday, September 11, 2014

M.Sumi Up 9%


Motherson Sumi is up 9% today. Currently it is at #16 on my screen A. See this previous post on it.

Tuesday, September 9, 2014

Dark Side of the Moon


I've been showing you the leaders on various screens. What are the stocks doing on the other side? For example, if we arrange the screen A stocks according to the top losers then here is what we get:


Now let's look at the charts of the top gainer - Mahindra Ugin and the top loser - Core Education:


See!

So filtering out the leaders and then selecting stocks from them automatically puts you on a solid start. 

Let's take one more example at random: Winner = Sonata Software; Loser = JP Associates:





Screen B Leaders



Monday, September 8, 2014

New High


Nifty ends the day with another new high. The breadth has expanded too:



Sunday, September 7, 2014

Best of SPMM


Suven Life Sciences Ltd turned out to be the best pick off late. It was recommended on 3rd August. See this post.


Friday, September 5, 2014

Latest SPMM Picks


I had these three picks last week (31 August) and they have all done well this week. At the close today we have Mahindra Ugin at 472 (+14%), Welspun Industries at 252 (+15.5%) and Supreme Industries at 641 (+8.6%).


Sectoral Relative Strength


Here's the updated weekly sectoral relative strength. Three sectors have out performed the bench mark Sensex - Capital Goods, Health Care and IT while the others have remained kinda flat. 

Thursday, September 4, 2014

August Picks


These were my picks in the 2nd week of August. One way to trade these picks is use an equal amount per stock - for example enter in all 5 stocks with say 5000/- on each stock. Now check how these are doing after say 2 weeks. The ones which are not doing good, get rid of them. Increase exposure in the ones which are doing good. Here for example I would close Prism cement and double my exposure in Gabriel. Similarly, I would close HCL Insys and buy more of Voltas. The trick is to add to your winners - also known as pyramiding. BTW, people do exactly the opposite! - they add to the losers thinking that they will be able to average out the cost but sadly the stock further goes down! Now what? Add more to the losers? So instead of this, you should add to the winners.