Mangalam Global.
4% move in such market

If the market recovers tomorrow completely, then further correction may take some time.

Otherwise, this is a start of the correction on Index.

Smallcaps will face panic if tomorrow market falls

ELIN ELECTRONICS

What to learn here,

The Retail participation is quite low at the moment, due to which stock didn't see any impact on it today.

Which means we are in the support zone for this stock. Which generally respected

I want to deliver content, by reading it, you will build your thought process.

You can challenge anyone who's sharing a stock. I know this takes time. But, one day I'm sure you all will achieve that feat.

Learning is in the process, there's no end to it. You keep on getting better day by day, if you wish to learn something.

Tomorrow, we will observe the market and try to learn something new.

Sometimes, doing nothing is the best thing to do in the stock market.

People will keep talking about reasons for the panic, fall, crash, correction and what not.

The real game was about to happen around mid December, which got postponed, I tweeted around those days. I know nobody would have believed.

Any reason you hear, will be invalid, do not believe that reason for fall.

If you don't believe me, just remember the best possible reason you shortlisted to believe in.

The same reason will not be applicable for the next fall, infact next time, market will rally because of that reason.


So what's the reason?
- Time & Price Correction.

Rest everything is bullshit.

If you don't trust me, fine. Just remember any best possible reason for fall. And track that reason for some months.

One talk of the town: HDFC Bank, believe it, and get yourself proven wrong next time.

I added more Piccadilly Agro today

IREDA, new addition
Piccadilly Agro , top-up
MIFL, top-up

Avalon Technology
CMP 529

Will come up with thread on Sunday as promised

169 Today, observations matter

150 to 170
Elin

Many DMs on Latteys Industries & Ultracab

1. Latteys, I'm holding it in 26% loss. My holding is low, as it was only a first chunk. When latteys crosses 38₹ levels, I will add further. Till then I will not add latteys Industries.

2. Ultracab
- We already witnessed 18 to 32 rally. Be thankful to market for that first.
- many people entered at the peak, that should be improved by them, with time they will learn.

- Secondly, promoters sold stakes, that's not in our hands. Probably they knew about the market fall in advance(which very few people know, they might have got that news, Hence, All promoters booked their major stake. It was a planned fall, they didn't think of investors, that's true. But, promoters are human only, some think of investors, some think of themselves first. They found a good in the profit booking.

I don't support that, but neutrally, Returns are based on business, I am hoping the business will have future opportunities.

Don't be surprised if promoters buyback the low levels.

My entry levels are 15-18₹, I only updated about it on X, I never shared any levels post that.

I will hold my quantities. You should have good reasons for holding.

Khaitan Chemicals & Fertilizers

🔹73 to 77 today
🔹Keep an eye on it
🔹Gearing up

This was my first Multibagger stock those days in 2021 which became 7x.

I had booked it fully in the down cycle.

I have one stock to share,

🔹CMP < 200
🔹Sales growth last 3 yrs> 25% CAGR
🔹Market Cap < 100 cr
🔹PE < 10, Industry PE < 30
🔹Undervalued, Price to Book < 1
🔹Profit making debt free business
🔹Buy not triggered yet

The only problem is, it is very illiquid stock.
I have not bought it yet as I'm studying only about the products , future outlook & other parameters

If I share this, People will misuse it like what happened in Latteys.

The problem is, a lot of people see the post. Few people find that as an opportunity to misuse that and operate.