Prediction is an addition in financial world many suffer from
More from kumar saurabh
1. Basics of Finance
2. Basics of Valuation
3. Basics of Fraud
Else you are putting your hard earned money on fire. Enough books and free resources available.
Wrote this thread for the same leveraging one of my Youtube videos as friends wanted to know where to
Few friends are asking for list of books to learn investing topics. Have covered from my side a year back in this Youtube videohttps://t.co/bUb2S3eAVm
— kumar saurabh (@suru27) May 12, 2022
Will break down into parts what needs to be read at least as a pure fundamental investor in this thread
#No 1 #Shreedigvijaycement
#AR2021 #Shreedigvijay cement. Started this year annual report reading with Digvijay cement. First time read a cement company AR. Some interesting comments on overall economy. Watch it herehttps://t.co/AQM2snbcHG pic.twitter.com/JL4lx26LlC
— kumar saurabh (@suru27) June 1, 2021
#No 2 #Bajajconsumer
#AR2021 #Bajajconsumer. 2nd company. Highlights - Rs 30 cr cost cutting sustainable ? Who gets Rs 8-9 Cr royalty benefit ? Who owns brand ? Why infra subsidiary with losses, intangible asset complexity ? Industry grown fat 2% in volume n 8% in value at 10 yr cagr pic.twitter.com/W4C0H2h8aV
— kumar saurabh (@suru27) June 7, 2021
More from Wise investing
You May Also Like
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K