Week 2: A Busy Week (6th Nov, 2017)

Hi Friends,

It has been a very busy week. Today, as usual, I post my one week progress.

The NIFTY was 10477 on Monday and 10321 on Friday. It means the entire market was quite negative.

06/11/2017 BLUESTARCO*2 684.80 the share price reduced maximum among my chosen stocks

06/11/2017 GICHSGFIN*1 474.65 the price decreased from 484 to 474 and the value is good

07/11/2017 LUPIN*1 859.65 the share price decreased by 17% due to American drug compliance

07/11/2017 BHEL*10 95.60 the profit increased by good margin but less than expected.so  share price started decreasing but I expected the price to increase

07/11/2017 BHEL*1 92.95 the price further decreased so I bought one more share. Here I understood that if a news comes and the price decreases, it means that it is in accordance with the news. The news should be understood clearly. since the profit was not as expected, the price decreased.

07/11/2017 CIPLA*1 604.85 the price was down by 4% as the entire pharma was down that day. 

08/11/2017 CIPLA*1 629.35 as soon as the market opened, the price rose up by 3%. I immediately sold the stock without any thought. profit around 24 rupees

08/11/2017 BHEL*4 90.25 the price was decreasing. I expected good increase at least up to 100. So I bought the share

08/11/2017 EQUITAS*1 136.95  the price went 52W low and the stock was already on my watchlist

09/11/2017 LUPIN*2 842.6 the price was continuing the last day's trend. I bought the stock as per Benjamin Graham's theory that if a good stock price reduces due to bad news, it is the best time to buy the stock provided the news is recoverable. LUPIN is the highest profit earning among his peers

09/11/2017 ITC*3 264.3 ITC is the biggest cigarette company in India. its stock price was 6month low. Since its price fell from 340 to 280 in July but the profit has been best among its peers. So I bought at the low price

09/11/2017 NAVKARCORP*1 191.2 The stock was on my watchlist and the price was constantly decreasing. So I bought the stock. Later I came to know it is very low volume stock. the movement is very slow and I am now ready to sell at 192

09/11/2017 TATAMOTORS*1 443.55 The news came as 25% increase in profit compared to last year same quarter. But the stock was selling at -2%. I was gathering more news. Suddenly the stock went +.4%. I didn't think much and bought the stock immediately. But it failed to increase further. It went -4%. The profit and sales were good but there was concern about its high-cost cars Jaguar. So there was no importance to profit given by traders. Since the sales and profit is high, I expect a good result in one month

10/11/2017 NFL*1 62.2 The stock was on my watchlist. It earned a good profit and small-cap company. As I had only 90 rupees, I wanted to buy a stock and the stock was on 6month low. So I bought it

As of now,

TOTAL INVESTMENT IN STOCK MARKET is Rs. 8064.70 and THE CURRENT VALUE is Rs. 7901.10 ( a virtual loss of Rs. 163.10)

It is what happened to last week guys. No Profits except CIPLA, EQUITAS, AND BLUESTARCO (<2% only) But stocks like LUPIN, ITC, BHEL, AND TATAMOTORS are large-cap and top among its  Peers. So I expect positive results in short term.

on 10/11/2017, GST was revised. 178 items were moved from 28% tax slab to 18% tax slab. So I plan to buy CENTURYPLY(Rs.296)  for 30000 rupees. It has excellent profit year by year and It will be highly benefitted from the tax revisal. Its price rose by 50% in last year. But I will see how the stock moves in first 15 minutes and then only I will buy the share.

Thank You, Friends.

Good Bye