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Diwali pick

 Hi Everyone,


    Happy Diwali to everyone, I hope everyone of us will be having a happy and safe Diwali with friends and with their family. Whenever I open an investment or equity-related application or discussion group on my mobile, I see everybody turning out as a market analyst and suggesting or sharing their stock selection for Muhurat trading today. which happens between 6:00PM to 7:15 PM as this is an auspicious time for the day. I was thinking why I shouldn't share the ones which I have selected for investment with the detailed analysis.


    Usually, I watch the ocean market at bay for 99% of the time. sometimes I am involved in investing based on my personal analysis success rate in the past based only on my fundamental analysis. I have opted for the following shares after my fundamental analysis.


1. Fortis health care.

2. Umang dairies 


1. Fortis Health care:

There are reasons for opting/selecting this one.

I always relied on this flag pole pattern in monthly time frame analysis I have done a similar analysis on the Tata power chart too and averaged a few quantities in my holdings below 200 around 190rs. I have attached the chart pattern for further analysis, not only on Tata Power I have found the same pattern and booked profits in many ones, as Tata Power is the recent one so I remember it easily. Also, I will buy only very few quantities as I have to fill other needy buckets of mine which require the money.

Initial analysis:

After the chart moved towards the target:






Why search for an example outside or in a different script when I just rolled back for a few months in the same Fortis healthcare chart the same flag pole pattern is seen. please find the above image for reference.

but both patterns are given around similar targets which was around 500+ for this one.


2. Umang dairies:


    I am able to forsee cup and handle the pattern in this Umang diaries, which is similar to the one that I found in Sakti pump long ago (when it was trading at 503rs). I agree straight away it didn't raise or move towards the target there was a slight correction, but I was able to cope with it because I didn't invest lumpsum in it. I invested based on my risk profile, In the end who have ever entered with the are in 100+% returns. 

SAktipump initial analysis:


current chart:




Umang Analysis:



    To enjoy the results we should bear the pain at times, but always. eventually, we will end up on the other side but there are no proofs that we may end up in profit. so before buying anything please do a risk analysis and enter only affordable quantities as it should not make us feel bad at the end of the trade.

    When we take a calculative risk it won't hurt us most of the time. This is my personal experience.


Final verdict: This is only my personal analysis, I am not suggesting anyone buy or sell anything, as there are tight regulation passed by SEBI, and no one want to keep themselves in trouble including me.

Note: I always only put a penny into equity and only rebalance them based on my analysis 99% of the time I have never withdrawn money unless it is a quarterly or monthly settlement based on brokers. Even in my last blog https://divaakaruguptha.blogspot.com/2023/10/accumulating-wealth.html, I have mentioned what I am doing based on the money earned from the equity market. 

In most of these charts, I have used only mobile chart analysis, as I won't be able to sit in the https://divaakaruguptha.blogspot.com/2023/10/accumulating-wealth.html system for most of the time.

Have a happy and safe Diwali guys, we should be careful not only during bursting crackers but should also be careful when investing our hard-earned money.

Cheers and bye for now :)




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