panch-tattva…some guidance

Dear Investors/Traders,

We cover stocks under Nifty/Nifty-Next and form an opinion. The results, whenever announced, are analyzed and observations are made considering almost all aspects of the business and environment. You will find such an opinion in a nutshell under ‘stock-specific recommendations’. We call our system of study ‘panch-tattva’.

To understand it please read the following:


a) Straight buying/selling advice means that immediate action is taken as soon as possible as per observation irrespective of the reference price.


b) Many times it will be advised that one part be bought/sold immediately and the second lot be bought/sold when the given price happens to touch before the next advice.


c) When there is mention like ‘retain/buy’ it means that if you have it then retain else buy it.


d) When there is mention like ‘medium-term only’, it means booking profits fully even before the next observation but if it is for ‘long term’ it means to wait for the next observation before taking any action.

Mentioning ‘medium as well long term’ means profits in the range of 5-7% whenever seen in the intervening period, half the quantity should be sold and profit booked without fail and rest half quantity be carried at least till next observation.


APPLICATION of STOP LOSS: Since there are always fresh developments affecting the price, the application of a stop-loss mechanism is needed. Selling off half the quantity upon under-performance by 5% against broader indices and selling the entire quantity upon 7% under-performance by the stock is needed. Once out of stock there is no need to look back at the same stock until the next result.


All past opinions remain untouched for confirming validity by looking later at the price graph. The opinions are personal and there is no invitation to act upon them.

This system has been empirically tested for over a decade. We now create a new model portfolio with the commencement of every new quarterly results season and we record the transactions only at the last traded price or if the session is on then at the closing price of the day, in a few cases when a prefixed price is touched then the transaction is recorded at that very price. This leaves no room for us for any price manipulation. You may have a look at such portfolios and appreciate the performance.


Friends, we take pride in being most transparent in every way, however, you are the best judge. We invite you to look at ‘portfolios’ for knowing how our opinion works over time. You are welcome to ask any questions which will be duly answered.

We urge you to visit ‘Portfolios’ category and see for yourself how meaningful has been our advice.


Friends, you may request an opinion on any specific stock, I am available at Cell +919106526440 and also at +919978613034 or through email at khandelwal.kkinsurenace@gmail.com .This blog is sort of my personal diary.

Should anyone of you need help in help in managing portfolios then they may send me a word and arrangements might be discussed.

HariOm,

Krishna Khandelwal

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