Thursday, March 14, 2019

Whatsapp Messages

[5:58 PM, 3/2/2019] Jiten Patel: Read why people don't invest in stock market and look for safer heaven like bond investing
[5:58 PM, 3/2/2019] Jiten Patel: Right now in the current market status your intraparietal sulcus part of the brain is activated and is firing intensely and aggressively..... you are visualising and imagining what  the  consequences will be of the actions to be taken by you....but which as yet not taken..... the more uncertain the consequences are the more active the intraparietal sulcus becomes......

The thought of losing money is so inherently alarming that it ends up triggering intense activation in Intraparietal sulcus part of the brain.......
[5:58 PM, 3/2/2019] Jiten Patel: Should I invest in current market....what if war breaks out.....I will make a huge loss..... what if BJP losses the election market will tank and I will make a huge lose....the visualisation and imagination of these two scenarios is happening in Intraparietal sulcus part of your brain and the moment you start thinking again about the above two scenarios it will start firing aggressively everytime....
What if monetary policy rates will not be reduced by RBI..... market will go down and I will incur a loss....
[6:53 PM, 3/2/2019] Jiten Patel: Why people do Bungee jumping or sky diving.....when faced with a probability of injury or death also at times.....
During the time of bunjee jumping or sky diving the fear centre of your brain Insula and the amygdala fires vigorously and intensely and aggressively along with the thinking part of the brain the Cortex to stop and prevent you from taking part in these thrilling adventurous sports activity......but still you do it why is it so.... even after immense activation of the fear centric parts of the brain to avoid it....

Part2.......
At the time of so called adventurous sports activity which are dangerous.....the people who perform these sports are all experiencing the anticipation of thrill and excitement.....the nucleus accumbens part of their brain is firing so strongly and very intensely that the pleasure of excitement and thrill over rules the fear of injury or even death for that matter.....

Now imagine at the time of Euphoric Market Top..... the nucleus accumbens Reward part of the brain is firing so intensely and aggressively to make more and more profits that we cannot even  feel the firing and activation of the Insula and the amygdala along with the Thinking Cortex  which are giving out fear signals that the market is way too high and at unimaginable top levels and it is high time to get out and book profits......
But we still remain invested and infact invest more money at Life Time Top high levels.....so the urge and demand to make more and more money because of the instructions given by our nucleus accumbens Reward part of the brain will not allow us to get out of the market at top levels and will ask for more and more money......

As you must all have experienced how is it possible to get out at the top..... Yes.....it is not possible...... because you are going to crave for more and more of making money at market tops.....
[9:53 AM, 3/3/2019] Jiten Patel: The above is the Bible of stock market
[11:07 AM, 3/3/2019] Jiten Patel: If you invest like the herd.....like ordinary people your results will be exactly like them.....but when you invest differently like the 2% of the smart investors who create wealth by investing in stocks your results will be like their results.....

So you decide for yourself that you want to be the 98% of the ordinary retail investors or with the 2% smart investors.....
[10:28 PM, 3/3/2019] Jiten Patel: https://youtu.be/JgkvTRz_Alo
[10:28 PM, 3/3/2019] Jiten Patel: Why is your mobile phone a Gambling device like a Slot Machine......
[10:01 AM, 3/4/2019] Jiten Patel: When I send messages I feel more accountable and responsible.....so indirectly it helps me in my discipline and in my conviction...... and the other most important thing is you learn more when you share your knowledge......so even I am learning more thanks to my messages......my messages are also educating me inreturn.....
[10:33 AM, 3/4/2019] Jiten Patel: A good example.......
Yesterday I was standing at a shop and fully focussed and engrossed on doing my activity..... suddenly I felt something touching my legs and within a micro second without thinking I jumped......so the reflexive part of my brain made me jump because of Fear..... the initial reaction taken by my reflexive brain was to protect me.....so knee jerk reaction.....my reflexive brain thought that it might be a dog fiddling with my feet.....and so I got scared..... but then I realised it wasn't a dog....it was something else  which touched my feet  and I shouldn't have been scared at all.....then my thinking part of the brain.....the reflective brain took over and told me it is nothing to be scared of......

Same way in market when a stock goes down like Zee Entertainment and when we see the whole world selling even our friends and neighbours are selling..... without any faith or conviction..... by blindly looking at them we also start selling...... for a moment we don't even realise why are we selling and for what reason...... have the fundamentals of the company change at all......are the promoters corrupt.....is the company in lots of debts..... without even using this it reflective thinking part of the brain we blindly follow the path chosen for us by our reflexive brain to sell and we do that effortlessly even if we have to incurred a loss for that matter.....

So think twice before you take any decision......
[10:19 AM, 3/5/2019] Jiten Patel: Eicher motors in September 2017 went to 33480 and made a life time high price..... today it is around 19500..... Why is it so in the first place that it went to 33480 and now no one wants to buy at current 19500 price levels......the greed part is over and fear part has taken over.....

It is not a recommendation to buy or sell...... please consult your financial advisor.....

[4:16 PM, 3/5/2019] Jiten Patel: You know one of the most important thing of our Brain....
To not except change and because of it we cannot interpret the changes happening around us...... secondly our brain doesn't want to come out of its comfort zone and maintain its status quo.....and so sudden strong changes are not interpreted by our brain......so we miss most of the rallies when the trend changes.....


[2:54 PM, 3/6/2019] Jiten Patel: These charts will be of stocks purchased by retail investors who buy blindly and Reflexively without understanding the fundamentals of the company whose stock they are purchasing........
[3:25 PM, 3/6/2019] Jiten Patel: Will you invest in these wealth destroyers stocks...... their charts they all look identical.....

[9:53 AM, 3/12/2019] Jiten Patel: all my messages sent from last so many months on market moving from 2nd week of March  and Investors will be caught napping...... people who won't read the messages will miss out on the next bull market if they are investing in stock market....

[11:13 PM, 3/12/2019] Jiten Patel: SIP equity mutual funds inflow @ 8000 crore per month approximately...... when the same flow in SIP equity mutual funds increases somewhere between 14000/15000 crore per month..... one has to get cautious about the greed factor of the Retail investors because the more the stock market will go up the more money they will pump in the SIP equity mutual funds and more and more Greed of making money......Also as the stock market keeps moving upwards on its trajectory path of making new life time highs the Risk will also keep on increasing and will move in Dangerous zone with market making life time highs...
[7:52 AM, 3/13/2019] Jiten Patel: If I have to give a scale from 0 to 10 for market cycle upwards trajectory from Bust to Boom......Then wE aRe stAnDing At sCAle 6/7 for marKet cyCle upwards trajectory from Bust to Boom......wE sTill haVe tO rEACh SCale 10 of the market cycle.....

[8:39 AM, 3/13/2019] Jiten Patel: Reliance industries
Axis Bank
ICICI Bank

Are going to rock n roll on the upside......

It is not a recommendation to buy or sell.... and my personal view and opinions only......
[9:16 AM, 3/13/2019] Jiten Patel: FII’s have been buying aggressively in March Series From 1st to 12th March ; Total Cash buying worth 13,312 Cr., what have they been buying Summary:-
Top 12 Delivery marked with price gains in March series
ICICIBANK 9.13 Cr. Shares, IDEA 7.59 Cr. Shares, SBIN 5.11 Cr. Shares, ASHOKLEY 5.19 Cr. Shares, PNB 4.79 Cr. Shares, COAL INDIA 4.38 Cr. Shares, AXISBANK 3.10 Cr. Shares. RELIANCE 2.97 Cr. Shares,  BEL 3.42 Cr. Shares, BHARTI 3.30 Cr. Shares , M&M 2.42 Cr. Shares  and L&TFIN. 2.20 Cr. Shares
[9:16 AM, 3/13/2019] Jiten Patel: Fiis also buying from 2nd week of March.....😀
[9:18 AM, 3/13/2019] Jiten Patel: Market will correct today..... tomorrow...... and day after tomorrow......but day after tomorrow afternoon session market will again start going upwards......
[9:19 AM, 3/13/2019] Jiten Patel: Correction will be very small and meaningless correction and a buying opportunity......

[9:27 AM, 3/13/2019] Jiten Patel: Market will take a breather for its next move upside.....2/3 days later nifty should resume it's  uptrend

[9:37 AM, 3/13/2019] Jiten Patel: Yes investors are still sleeping in the ocean of fear.....they are scared because of the recency bias story going on in the market about the results of general lok sabha elections......yes the fear stories of election......war with Pakistan will keep them away from the market and because of these fear the market will keep on moving high till the results of general election most probably......the last rally from 11800 nifty to say 12300 to 12500 will be driven by the retail investors because of FOMO......Mae rahae Gaya bhai......duniya kamaa rahii hae.....fiis khareed rahae hae aur Mae saoo rahaa huu......fear of missing out feeling will start from 11800 onwards......

It is my personal opinion and view only and not a recommendation to buy or sell..... please consult your financial advisor for recommendation.......
[2:43 PM, 3/13/2019] Jiten Patel: Current market uptrend rally will continue around 9th to 10th April atleast......
[10:00 PM, 3/13/2019] Jiten Patel: Whatever people think about my messages but time will show and prove everything.....I have been writing so that I can distribute my studies and knowledge to the people which I have gathered by reading hundred of books ......read thousands of articles in Google and watching thousands of videos on YouTube about stock market investing and my conclusion because of the  information I have gathered from the above books and watching videos is that retail investors investing and speculating and trading in stock market will never ever make money in the long term..... the only few who will make money and get out of the market at right time will be only because of luck and only 1% of the people will be able to do that...... rest all other 99% people have to and will definitely lose money in the stock market until unless they invest systematically and having a process and to follow that process in a disciplined manner.......
[8:44 AM, 3/14/2019] Jiten Patel: Current market uptrend rally should continue around 9th to 10th April atleast......
[8:44 AM, 3/14/2019] Jiten Patel: Nifty sudden upside move towards 11300 have caught investors unaware..... now if the nifty current uptrend continues till 9th to 10th April with very small negligible correction in between then the Anchoring Bias will play a bigger role in investors mind and eventually missing out of the current uptrend rally.....Also the sudden upside in nifty is very difficult to digest because just few days back there were hundreds of bad news and only few good news.....but still the market went up.....how is it possible for markets to go up......disbelief bias will rule over your mind and will keep you away from investing..... investors are still anchored to buying levels of 10300 nifty......if nifty comes to the level of 10300 we will buy.....Now Anchoring Bias and disbelief bias along with the fear of uncertainty..... doubts ..... will keep you away from investing in the market......

It is my personal opinion and view only and not a recommendation to buy or sell
[8:47 AM, 3/14/2019] Jiten Patel: Does your client face these same reason I have written..... can you please reply.....


[10:04 AM, 3/14/2019] Jiten Patel: Market will take a breather for its next move upside.....2/4 days of breather and then nifty should resume it's  uptrend from next Tuesday or Wednesday towards new highs.......
[10:04 AM, 3/14/2019] Jiten Patel: Market will take a breather for its next move upside.....2/4 days of breather and then nifty should resume it's  uptrend from next Tuesday or Wednesday towards new highs.......

Whatsapp Messages

[7:24 PM, 2/22/2019] Jiten Patel: March 2nd week Kae Baad Varna April 2nd week Kae Baad yeh bull khadaa hokaar daud Naa shuru kar daega......maagar investors sautae rahaa jayaengae.....

[12:21 PM, 2/23/2019] Jiten Patel: But even after these my emotions of greed and fear are still a big factor when I invest and creates havoc......
[12:23 PM, 2/23/2019] Jiten Patel: Am trying to understand and control my emotions......but because these emotions are in built in me from childhood to manhood these same emotions I have plays a role in my decision making.....I am more of a Reflexive person so it affects my investing style and so am more emotional

[12:24 PM, 2/23/2019] Jiten Patel: Have to be more reflective.....
[12:25 PM, 2/23/2019] Jiten Patel: Because the reflexive brain is fast and is dominant and more powerful than our smart thinking reflective brain

[12:27 PM, 2/23/2019] Jiten Patel: Any first information from outside world....stimuli is first processed by our reflexive brain and thereafter by our reflective brain.....the first decision making power is given to reflexive brain by evolution.....it is also called the limbic brain.....
[12:28 PM, 2/23/2019] Jiten Patel: The repitilian or tribune brain is the first part of our brain..... second is limbic and third is Neo Cortex


[12:33 PM, 2/23/2019] Jiten Patel: But put it in writing on your Wall.....IF YOU ARE TRADING YOU WILL LOSE YOUR SHIRT ONE DAY......and for that matter in you don't learn technical analysis..... fundamental analysis..... psychology...... neuroscience...... you will never be able to make money which you have dreamt off......


[12:37 PM, 2/23/2019] Jiten Patel: Other wise 2 years you will make profit when market goes up and next 3 years you will make lose when market goes down and you will lose your profits earned few years back and even lose your principal


[7:05 PM, 2/23/2019] Jiten Patel: In a COMPLEX correction which we are experiencing from last 6/7 months......it is good for investors because the mArket is difficult to judge and take a clear certain stand about the Direction of market
[11:46 PM, 2/23/2019] Jiten Patel: In a COMPLEX correction which we are experiencing from last 6/7 months......it is good for investors because the mArket is difficult to judge and also difficult to take a clear and certain stand about the Direction of market trend.....so it is best advisable to stay away from complex market correction because if you think you can understand these complex correction and try to show your smartest ..... for sure and definitely the market will not spare you and will show you your true place......
[11:49 PM, 2/23/2019] Jiten Patel: In a COMPLEX correction which we are experiencing from last 6/7 months......it is good for investors because the mArket is difficult to judge and also difficult to take a clear and certain stand about the Direction of market trend.....so it is best advisable to stay away from complex market correction because if you think you can understand these complex correction and try to show your smartest ..... for sure and definitely the market will not spare you and will show you your true place......so rather than being a superman it is important to be humble and understand our limitations and stay away from the market until some clarity is visible..... otherwise you are surely going to keep on making losses.....

[11:06 AM, 2/24/2019] Jiten Patel: The same is for Studying and Learning.....it is Boring.....but whatever is Boring in the present moment in the long term will pay in mountains of Gold......
[10:36 AM, 2/25/2019] Jiten Patel: Next 20 days to 35 days are going to be very difficult for traders in the current Complex Correction......the strong urge to trade everyday is proving very difficult to resist......also any trades in the market will probably prove to be disastrous and result in losses.....the chance and probability are more to incur losses because of our emotions going up and down in the current complex correction.....it is very difficult for a human being to sit idle in a closed room and doing absolutely nothing......so presently the more active you are in the market the chances and probabilities are more of making losses than of making profits.......
From last August..... September in my earlier messages had written many times that nifty will be ranged bound between 11000.....9900 till second week of March 2019 or extended correction till second week of April 2019..... now you must be thinking how is it possible that so many months back I could guess time wise and price wise correction.....Lol.....by chance.....yeah.....
[5:24 PM, 2/25/2019] Jiten Patel: Coal India is one more company hitting my long term formula purchasing price for FY 2019/20...... Current price of Coal India 214/-.....

In August 2015 it made a life time high @447/-.....

My upper band price level @ 235/-
My lower band price level @140/-....

Please note the above mentioned prices are not a recommendation to buy or sell.....
[5:49 PM, 2/25/2019] Jiten Patel: After the current complex correction is over then from second week of March 2019 or from  second week of April 2019 .... Nifty will start it's uptrend Northward towards 12500 points before December 2019......

It is my personal opinion and view and not a recommendation to buy or sell....

[10:55 AM, 2/26/2019] Jiten Patel: https://youtu.be/sdILHmvh5Uw
[10:55 AM, 2/26/2019] Jiten Patel: https://youtu.be/dzyxSgLtyRM
[10:55 AM, 2/26/2019] Jiten Patel: https://youtu.be/BE53EkxKWpw



[12:35 PM, 2/27/2019] Jiten Patel: Wait for the current correction to get over..... and then market will go up and up..... with small small meaningless correction in between......

It is my personal opinion and view only and not a recommendation.......

[2:19 PM, 2/28/2019] Jiten Patel: In Month of February also Nifty was within the trading range of 11000 and 9900..... now comes the decisive months of March or at the most the ultimate month of April...... time wise correction finally will get over and also price wise to some extent..... last few days to fill up  your  treasure chestbox......be smart and intelligent and decide wisely.... don't miss the opportunity......

Above is my personal opinion and view and a recommendation to buy or sell.....

[10:29 AM, 3/1/2019] Jiten Patel: Sjvn my long term purchasing formula price between @22/- to 18/-......
Yesterday Sjvn made a low below 22/- and hit the higher band of  my long term purchasing formula price.....

It is not a recommendation to buy or sell and is my personal opinion and view only......

[11:40 AM, 3/1/2019] Jiten Patel: If in 5 years Sjvn goes to 40/- it's all time high price.....then from current price cagr comes to 13% and if you add divided yield of 8:60%......so total cagr return  will come to 21:60%....... which by any standard is very good.....
The above is not guaranteed result and can vary as per market conditions.....it is only a future projection and as per my personal opinion and calculations only......it is not a recommendation to buy or sell......

[5:59 PM, 3/1/2019] Jiten Patel: If 200000/- after 20 years can give you 7700000/-.....then 20000000/- can give you 77,00,00,000/-........ now you will be shocked to know these.....
[6:00 PM, 3/1/2019] Jiten Patel: Nobody in these world does these calculations so they miss the golden opportunity to make wealth for themselves......
[6:01 PM, 3/1/2019] Jiten Patel: If you think of compounding your money only then will you be able to make lots of unbelievable wealth for yourself......

From My Whatsapp Messages

[9:54 AM, 2/11/2019] Jiten Patel: Second week of March or second week of April very near......😀......now Nifty will show its true colours through midcaps and smallcaps......

Castrol finally have hit my FY 2019/20 long term formula purchasing price on the higher price bracket @149/-.....
The lower price bracket is @117/-......

Castrol on 08/12/2014 made life time high @272/-..... After almost 4 years of correction it hit my long term formula purchasing price between@149/-..... to 117/-......

It is not a recommendation to buy or sell.....it is my personal opinion and view only and the above mentioned price can go to zero price also......

[10:29 PM, 2/12/2019] Jiten Patel: Sun Pharma Q3 results profits 1245 crore.....
Yearly it comes to 3600/- to 3800/-.....
Debt 10000/- crore......
Within 3 years debt can be fully paid.....
EPS @15/-
Price @435/-
One can come to conclusions that fundamentals are okay but Price is high in respect to Value.....
[9:56 AM, 2/13/2019] Jiten Patel: Castrol for FY 19/20

Debt: Zero......
EPS @ 7.16/-
Current Price @ 153/-

Price range 80/- to 110/-....

But my formula purchasing price range 117/- to 149/-....

One can come to conclusions that fundamentals are okay but Price is high in respect to Value.....

[3:25 PM, 2/13/2019] Jiten Patel: There must a question mark...... for you about the nifty behaviour from last August till date is as per what I am been telling......
[3:26 PM, 2/13/2019] Jiten Patel: How is it possible.....
[3:31 PM, 2/13/2019] Jiten Patel: Boiling frog syndrome in midcaps smallcaps stocks is not allowing you to realise that except nifty both the mediumcaps and smallcaps are in big BEAR MARKET......I had written many months back in many of my blogs......now one can see the results for themselves......

[10:54 PM, 2/13/2019] Jiten Patel: Nifty correction as told previously will go on till 2nd week of March or at the most can extend till 2nd week of April..... and nifty correction both Price wise and Time wise will get over...... and a new rally of nifty  towards Life Time Highs will start once the current correction gets over......
[11:38 PM, 2/13/2019] Jiten Patel: One point I would like to add is that by any chance if nifty breaks the neckline of 10000 points convincingly then  be ready to Brace nifty levels of 9400 points and then most probably 8350 points......but the probability of nifty breaking 10000 points as of now..... currently looks very slim....say 35% only......

[9:41 AM, 2/14/2019] Jiten Patel: All midcaps and smallcaps stocks where retail investors have invested their hard earned money.....are already down by @100% to 150% from their life time high made just few months back......Rs. 10,00,00/- invested have become Rs. 5,00,000/- and below......but Rs. 10,00,000/- invested in Sun Pharma in the same period have gone down to Rs 7,00,000/-......
These is called Risk Management....... only stocks price going up is not called investing......but when the whole world goes down how much down your portfolio is going...... that is how risk management investing is done.....

People run after stock prices going up.....
I see how much less my own portfolio going down when the whole is going down miserably like what is happening today......also and how much faster it also recovers when the tide changes......

[12:44 PM, 2/15/2019] Jiten Patel: Before June 2020 correction in Sun Pharma should get over Price wise and Time wise also .....

It is not a recommendation to buy or sell.....it is my personal opinion and view only......
[
[11:14 PM, 2/15/2019] Jiten Patel: While  a prayer for the martyrs is appreciated, there is  also something more practical that can be done.  I don’t know how many of u know about BharatkeVeer app/website (initiated by Ministry if Home Affairs).  It collects money for families of selected individual martyrs (cap of 15lakh per family).   Once cap is reached new names come in place.  If u don’t want to choose specific martyr u can just contribute to bharatkeveer corpus fund. u can even give as low as 100 rupees.  It is tax exempted.  https://bharatkeveer.gov.in
[11:14 PM, 2/15/2019] Jiten Patel: It is a request to contribute to bharatkeveer
[11:14 PM, 2/15/2019] Jiten Patel: I am extremely sorry to use platform......but it is my personal request to all my friends to contribute to the jawans who have layed their life's for us so we can live peacefully and happily...... we should contribute a small sum of our money to the jawans who are always ready to lay down their life for us....... there is a website bharatkeveer where we can contribute directly to the families of jawans who have sacrificed their life for our country.......

It is just a thought......
[10:37 AM, 2/19/2019] Jiten Patel: Time wise correction finally coming nearer to March 2nd week or extended correction to April 2nd week.....

From My Whatsapp Messages

[8:44 AM, 1/31/2019] Jiten Patel: Nifty in January also range bound between 11000 to 9900....now February should also be in these range till 2nd week of March..... probably after 2nd week of March Nifty should start it's uptrend North side.....
[9:27 AM, 1/31/2019] Jiten Patel: If Axis Bank closes above 702/- on  monthly basis .....then on long term delivery basis ..... technical break suggests that Axis Bank will now keep on making life time highs....

I am personally very bullish about Axis Bank....note it is not a recommendation to buy or sell and is my personal opinion and view only.......

[10:45 AM, 2/6/2019] Jiten Patel: Nifty levels probability for FY 2019/20 can be between 12000/12500 on the upside if the earnings start to pick up.....the bottom side one has to keep on guessing for themselves.....

It is not a recommendation.....


[6:25 PM, 2/8/2019] Jiten Patel: Co.Name   2007      2019
Rcom         850           5
Rcapital     2400      140
Relinfra     2400       160
Rpower     300           12

In Long Term if we have Wealth Creators like INFY, EICHER etc then we have Wealth Destroyers too

Buy & Hold doesnt always work. Always review
[6:25 PM, 2/8/2019] Jiten Patel: This is interesting!

Reliance Power

FY09
Capacity: 0 MW
Valuation: Rs.1,00,000 Cr

FY19
Capacity: 6,000 MW
Valuation: Rs.2,800 Cr


[6:25 PM, 2/8/2019] Jiten Patel: There are 6000 companies listed in Indian stock exchange......but the probability of only 10% of the stocks will create wealth for you in the long term......rest are all destroyers of our hard earned money....
[12:42 PM, 2/9/2019] Jiten Patel: Now as per my earlier post on Nifty..... we should be ready to brace 10000 Nifty before March 15th.....then the Nifty correction .... time wise and price wise will be over and new rally in Nifty will start upwards to levels of 12500 for FY 2019/2020.....Read all my earlier post from August/September 2018 on nifty......i had written that nifty will be ranged bound between 11000 to 9900..... Till second week of March 2019......and these current correction can most extend to April 2019..... But price wise nifty was in the same trading range which I recommended......

The above in no circumstances or situations means I am genius or expert if nifty still behaves for one more month as what I guessed..... anticipated..... predicted ......it just shows I might be proved right because of Luck factors only......and no other reasons.....
[12:56 PM, 2/9/2019] Jiten Patel: If we can not predict our next move in our own life maybe say after 5 minutes.....say after 2 hours....maybe after 6 days.....after 4 months......then how can we predict what will be the market behaviour be after next 5 minutes......or after 4 hours......or after 2 days......or after 6 months when so many market participants are daily active and trading in the market......

What matters is price levels and not price changes.....
[1:05 PM, 2/9/2019] Jiten Patel: So does it make sense to buy a stock for trading or speculation thinking in next few minutes or hours or maybe few days.....a particular stock will go up or down with your thinking..... intuition.....gut feeling......

I don't think so and it is highly impossible to be correct in these complex world when our own life have become so much complex and correct decision making have become very difficult in these complex environment....

[12:13 AM, 2/10/2019] Jiten Patel: Sir if nifty will correct so much then what to do with existing stocks . Should we stay invested or sell. Then later buy after correction
[12:13 AM, 2/10/2019] Jiten Patel: Someone asked me about the Nifty correction article I had written..... below is my answer to him......
[12:13 AM, 2/10/2019] Jiten Patel: first of all if you want to create wealth then the most important thing is don't listen to anyone.....not even me.....yes you definitely read what I am writing and then introspect yourself  and thereafter do your own research and analysis...... reading my articles and taking action will be a foolish decision.....also buying and selling for petty ungauranteed profits might not create wealth for your financial well being.....so never think of trading for short term profits ..... selling something and buying it at lower prices will be most foolish advice I can give you..... just be invested in stocks for long term in good monopolistic companies with zero debt and having a very good risk reward ratio..... always remember the price you pay for a particular stock should justify its Value.....
[12:23 AM, 2/10/2019] Jiten Patel: making money in stock market or for that matter in business or in any other form of financial products.....will be very difficult....  until unless you develop the habit to control and rule over your emotions.....
[12:28 AM, 2/10/2019] Jiten Patel: Friends,..... if my writing and articles makes any sense and if you feel like..... you can send it to your own friends and relatives.....it might help them to save their hard earned money.....
[1:14 AM, 2/10/2019] Jiten Patel: https://m.economictimes.com/markets/stocks/news/chennais-accidental-investor-who-became-d-streets-top-multibagger-hunter/amp_articleshow/67895652.cms
[2:33 PM, 2/10/2019] Jiten Patel: QUALITY STOCK SELECTION PROCESS......

the first bowl contains plain Ice Cream and the second bowl contains same plain Ice Cream but poison mixed in to it.....Now it is been told to you in advanced which bowl contains plain ice cream which you can consume and the other ice cream mixed with poisonwhich after eating will gaurantee that you die....

obviously without any thinking and giving a second thought you will select the bowl with plain ice cream....but what about the second bowl of ice cream with poison mixed in it....you will not even look at it because your brain immediately starts firing DANGER signals and telling to avoid having that ice cream bowl....

so here two process of thinking is happening....

first without thinking to have the plain  ice cream

second to avoid the ice cream mixed with poison......here your brain is thinking and telling you to avoid because you can die....

i hope it is clear till here....now the other story.....

Now in a bull trend and rising market in euphoric phase i am again giving you an option to select one option from the 2 bowls.....the first bowl containing today i am going to explain the process of selecting quality stocks by giving an example.....



suppose you are very very hungry and  i give you an option from 2 bowls to select which ice cream you want to have....g blue chip stocks...like infosys....reliance industries....HDFC Bank....and the second bowl containing Penny stocks like.....Vakrangee....Suzlon.....LEEL....

Now what will the investors do.....definitelt they all would have selected the Penny stocks Bowl and have neglected the Blue Chip stocks bowl....am i right....i think so...that is what the greedy investors do when there is high tide and everyone swimming naked will enjoy swimming in the sea.....

but they forget it is a death path for their financail well being....i mean knowingly they are killing themselves financially....

in the first example they avoid the ice cream with poison mixed in it and in the second example they invest in penny stocks with poison mixed in it and which is a sure path to disaster for themselves and also for their family....because they in return deprive their family of financial stability and security by lossing money in such manner....

in the second example the process of thinking is only GREED and the logical thinking is gone for a toss....i mean in the dustbin....in the first example you will think rationally and save yourself but in the second example you will think irrationally and kill yourself financially....what type of behav iour is these.....please introspect and think.....
[2:33 PM, 2/10/2019] Jiten Patel: You can read above article.....
QUALITY STOCK SELECTION PROCESS.....
jitengpatel.blogspot.com




suppose you are very very hungry and  i give you an option from 2 bowls to select which ice cream you want to have....the first bowl contains plain Ice Cream and the second bowl contains same plain Ice Cream but poison mixed in to it.....Now it is been told to you in advanced which bowl contains plain ice cream which you can consume and the other ice cream mixed with poisonwhich after eating will gaurantee that you die....

obviously without any thinking and giving a second thought you will select the bowl with plain ice cream....but what about the second bowl of ice cream with poison mixed in it....you will not even look at it because your brain immediately starts firing DANGER signals and telling to avoid having that ice cream bowl....

so here two process of thinking is happening....

first without thinking to have the plain  ice cream

second to avoid the ice cream mixed with poison......here your brain is thinking and telling you to avoid because you can die....

i hope it is clear till here....now the other story.....

Now in a bull trend and rising market in euphoric phase i am again giving you an option to select one option from the 2 bowls.....the first bowl containing blue chip stocks...like infosys....reliance industries....HDFC Bank....and the second bowl containing Penny stocks like.....Vakrangee....Suzlon.....LEEL....

Now what will the investors do.....definitelt they all would have selected the Penny stocks Bowl and have neglected the Blue Chip stocks bowl....am i right....i think so...that is what the greedy investors do when there is high tide and everyone swimming naked will enjoy swimming in the sea.....

but they forget it is a death path for their financail well being....i mean knowingly they are killing themselves financially....

in the first example they avoid the ice cream with poison mixed in it and in the second example they invest in penny stocks with poison mixed in it and which is a sure path to disaster for themselves and also for their family....because they in return deprive their family of financial stability and security by lossing money in such manner....

in the second example the process of thinking is only GREED and the logical thinking is gone for a toss....i mean in the dustbin....in the first example you will think rationally and save yourself but in the second example you will think irrationally and kill yourself financially....what type of behav iour is these.....please introspect and think.....