Thursday, March 14, 2019

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.....

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