Investing For Living

Stok price of  Laxmi Organic Industries Ltd (#LXCHEM) is showing reversal signs from 225 level, which is a strong support area. Stock can easily reach 350-400 level from the current levels. Any dip can be a good buying opportunity. Stoploss would be 230 on weekly close basis. Disclaimer :  This is my education purpose, please do your own research before investing. Learn how to manage risk in stock investing.

Investing in stocks offers potential rewards, but it also carries risks. Here’s how to manage those risks effectively: Understanding Risk Risk in stocks means the possibility of losing money due to market changes, economic downturns, or other factors. Key Principles of Risk Management 1. Diversification: Spread your investments across different types of assets (like stocks, bonds) and different industries. This lowers the impact of a single investment's performance on your overall portfolio. 2. Asset Allocation: Decide how much of your money to put into stocks, bonds, or other investments based on your goals and how much risk you can handle. 3. Knowing Your Risk Tolerance: Understand how comfortable you are with ups and downs in the market. It helps you make decisions that fit your emotions and financial goals. Practical Risk Management Strategies 1. Setting Limits: Use stop-loss orders to automatically sell a stock if its price drops too much, protecting you from big losses. 2. ...

Heranba Industries Ltd (#HERANBA) stock has made a good base around 280 level and now reversing with good volumes. If it sustain above 340 level, it can go beyond 500 level in next 6-9 months. View will be invalid below 300. 

McLeod Russel India Ltd (MCLEODRUSS) has been hovering between 15-40 range since last three years. As per volume data , there is a significant accumulation is happening in that range. Seems , now stock is ready to cross 40 level and that will give nice bounce to the stock to reach beyond 100 level. That is my view on MCLEODRUSS stock for next 1 year view is negated if stock trade below 22 level, which can act as a stop loss.  Posting the chart below :

In a move that aims to bring more transparency and stability to the stock market, the Securities and Exchange Board of India (SEBI) has proposed significant changes to the regulations governing stock options trading. This update, which comes after six years since the last revision in 2018, is designed to address the rapid changes in market dynamics and curb potential manipulations. Here’s an in-depth look at what these changes mean for traders and investors. Why the Change? Since the last update in 2018, the stock market has seen a tremendous increase in both turnover and market capitalization. With this growth, new loopholes have emerged, allowing manipulators to exploit the system. SEBI's new rules aim to close these gaps and make the market safer for all participants, particularly retail traders. Key Changes in SEBI’s Proposal: 1. Average Daily Turnover (ADT) SEBI proposes that only the top 500 stocks by average daily turnover over the past six months will be eligible for option...

Introduction: Discover the hidden secrets behind mutual fund investing with insights from Navneet Munot, CEO of HDFC AMC. Learn how political impacts, long-term trends, and behavioral strategies shape wealth creation in the Indian market. Shifting Ownership of Indian Growth Despite political uncertainties, Indian investors are taking greater ownership of the country's growth. The shift has been fueled by increased domestic investment in capital markets, mutual funds, SIP, NPS, and insurance. This trend reflects a growing confidence in the stability and potential of the Indian economy. Encouraging Participation in Risk Assets  The government and financial institutions are emphasizing the importance of risk asset participation for a secure retirement. Indian mutual funds offer tax benefits to attract NRIs and diaspora investors, aligning with the growing focus on long-term wealth accumulation and financial security amidst increasing life expectancy and lifestyle inflation. Long-Term ...

Dhampur Bio (NSE : DBOL) is has given a strong breakout from 140 level with high volume. As seen o below chart , there is a trend line breakout as well. Any DIP towards 140 level can be be a good buying opportunity. Stock : DBOL CMP : 151 Target : 190-200 TF : 9-12 months SL : 120 weekly closing         

 Jindal Poly Films (NSE: JINDALPOLY) is showing strong reversal signs from strong support area of  500 level with good volume.  I will add this stock to my portfolio if there is small dip in price.     CMP : 561     Target : 1300-1400     TF : 12-18 Months     SL : 450 Weekly closing

Technical Analysis : Based on price action data, my opinion is that GIC Housing Finance (NSE:GICHSGFIN) may give 50% profit in next 6-9 months. Here is the chart GICHSGFIN:  Note : I will maintain a strict stop loss of 190 to exit in case my study go wrong. Fundamental Analysis : PE ratio of GICHSGFIN is below industry PE and book value is below 1, which is well below industry average of 2.5. Based on these parameters , stock is available at good valuation.

  Here is a list of the top 5 stock investment ideas from Indian broker houses today: Broker House Stock Target Price Current Price Motilal Oswal TCS Rs 4060 Rs 3800 Prabhudas Lilladher Can Fin Homes Rs 990 Rs 900 LKP Securities Suprajit Engineering Rs 488 Rs 450 ICICI Securities Bajaj Finance Rs 8000 Rs 7500 HDFC Securities HDFC Life Rs 750 Rs 700

The Indian stock market closed flat on October 12, 2023, with the benchmark indices Sensex and Nifty ending the day with marginal losses. The Sensex closed at 65,512.39, down 483.24 points (0.73%), while the Nifty closed at 19,512.35, down 141.16 points (0.72%). The market witnessed volatile trading throughout the day, with the indices swinging between gains and losses. However, negative sentiment in the global markets weighed on the domestic indices, leading to a selloff in the late afternoon. The IT sector was the biggest drag on the market, with TCS, Infosys, and HCL Tech among the top losers. The IT sector has been under pressure in recent months due to concerns about a global recession and a slowdown in new business orders. Other sectors that contributed to the market's decline included banking, financial services, and consumer goods. However, some sectors managed to buck the trend and close in the green. The metal and oil & gas sectors were among the top gainers, led by s...

 On October 9, 2023, the Indian stock market experienced a decline, with both the Sensex and Nifty indices closing in the red. The Sensex was down by 0.69%, closing at 65,538.68, while the Nifty 50 index ended the day 0.72% lower at 19,511.80. Several factors contributed to this decline, including concerns about a potential recession in major economies, the ongoing Ukraine conflict affecting global energy and commodity prices, the strengthening of the US dollar against the Indian rupee, and investors engaging in profit-booking ahead of the upcoming earnings season. The banking, metal, and IT sectors were among the notable losers, with the Nifty Bank, Nifty Metal, and Nifty IT indices closing down by 1.07%, 1.06%, and 0.13%, respectively. Some of the major stocks that incurred losses included Reliance Industries, ICICI Bank, HDFC Bank, TCS and Infosys, and  Despite the overall market decline, there were a few sectors that performed well, offering a ray of positivity. The h...

 If you are looking for best scanner for intraday trading in India, I have a good news for you. I have created this scanner in ChartInk  which filters a list of stocks to trade at 9:30 AM every trading day in Indian Stock markets. Stocks are screened from cash segment . You can check all the criteria I have configured in the scanner for screening. This is a buy only scanner, means you need to take long trades only. You can enter at 9:32AM with a target and stop loss as per your risk apatite. I usually keep  2% stop loss and 5% target. But you can manage the risk in your own way. Here the link to the scanner : scanner for intraday trading: https://chartink.com/screener/nse-stocks-to-buy-today Hope this helps. If you have any question, please feel free to ask in the comment section. Cheers!

Here are few links you use to find weekly oversold fno stocks : Oversold fno stocks by Weekly RSI http://www.topstockresearch.com/StocksOverSoldReport/FNOStocksOverSoldSignalByRSI.html Oversold fno stocks by Weekly RSI Smooth http://www.topstockresearch.com/StocksOverSoldReport/FNOWeeklyOverSoldSignalByRSISmooth.html Oversold fno stocks by weekly CCI: http://www.topstockresearch.com/CCI/WeeklyOversoldStocksByCCI.html Oversold fno stocks by weekly Williams %R http://www.topstockresearch.com/WilliamsR/FNOWeeklyOversoldStocksByWilliamsR.html

 Here is a nice video on how to trade when multiple time frames are in conflict :          (Credit goes to Rayner Teo of  http://www.tradingwithrayner.com )

This is a list of some great articles on becoming a successful trader in long run :    - The Role of Regret in Trading  -   Are You Addicted To Trading? -   Why Many Traders fail to achieve consistent profit? -   What to Do after Trade is completed? -   Recency Bias and Its Influence in Trading -  Hope, Fear and Knowledge -   How to Prepare for a trading day?