panch-tattva…some guidance
January 14, 2007Dear Investors/Traders,
This is a useful site for keeping updated about most economic matters where the commentry is with an eye on Indian stock marktes (‘panch-tattva talk’ is devoted to this part). For practical use also I cover Indian stocks and the results, whenever announced, are analysed and investment/trading strategy is given (covered under ‘panch-tattva/post result), to understand it more fully please read following:
a) The panch-tattva points level denotes that stock is weaker if it has points under ‘1000′ and is stronger if it has points over ‘1000′. At level of ‘1000′, the stock is supposed to be rightly priced. The variation against 1000 level does not denote the exact proportion in price strength.
b) The panch-tattva points are obtained on the basis of most recent quarterly results , management strength, industry prospects, political climate, price history, interest rate scene etc. It actually takes care of every aspect affecting the price.
c) The trading strategy is given in each case and should be followed.
d) Since there are always fresh developments affecting the price, a stop loss mechanism should be followed. You may sell off half the quantity upon underperformance of 3pc against broader indices and sell entire quantity upon 5% underperformance by the stock bought. Once out of stock you should not look back at the same stock until fresh assessment has been obtained under ‘panch-tattva’.
e) Some stocks would be studied and regularly posted on this blog site for every body to take advantage without charges. You may simply track prices to have confidence in the efficacy/efficiency of the system before actually trying your hand out.
f) This system has been empirically tested for over a decade and many investors have drawn immense benefit out of the ‘panch-tattva’ advice.
Gentlemen, the taste of the pudding lies in eating, you may ask for advice in respect of stock(s) of your own choice at a moderate charge of INR 1000/- per scrip(this will provide you guidance after every quarterly result and at other times for the whole year). You may contact me at Cell +919724313034/+919376168780 or email me at krsnakhandelwal@yahoo.com .
You also find here glimpses of history and practical theories applicable to stock market movements. A student of finance, economics , management would be enriching himself with wisdom to face the job interviews.
Hari Om,
krsnaKhandelwal
Sir,
What is your take in SBI..there are a lot of rumours floating lately on the same.
It(SBIN) is good for long term and need not be ever sold till it show three quarters profit decline .
Friends,
The charges were revised and you may refer the relevent catagory for it.
In light of extraordinery movements on both side I suggest that the stop loss should be kept at a distance of 7 pc and 11 pc from your cost of aquisition which is to be done early after the recommendation. If the gap widens , you may still buy but spread buying over two three days.
In fact , my recommendation is for medium to long term with intermediate reassessment after every quarterly result. You may yest check with any set of stocks and you will find that there has been only rewards and no punishment.
HariOm,
KrsnaKhandelwal
nifty should be close on 5030.
Hitesh Kundalia
9375555476