Highstakes: Investment Diary 2019

Belsare, Abhishek and Keerthyvasan, S and Goel, Prashant and Priya, KNL Highstakes: Investment Diary 2019. TAPMI, Manipal.

Text 2017F801_AbhishekBelsare-Highstakes.pdf Restricted to Registered users only Download (2MB) | Request a copy

Abstract

Team Highstakes always believed in a combination of fundamental and technical analysis, which underlines our philosophy to invest in companies that were fundamentally strong backed by technical indicators to determine entry and/or exit levels. Armed with a corpus of INR 1,50,000, our investments were restricted to common equity only. With a time-horizon of 107 days, our fundamental picks were driven by events like elections, resignations, etc. apart from usual suspects like ROE, ROCE, Profit Margins, Earnings growth and other sector specific indicators. Over the course of 107 days we invested in 20 fundamentally sound stocks using technical indicators like Moving averages and RSI, to determine entry points. Even though we had a set target of 10% return on individual stocks, there were several instances where we exited early or held on to the stock based on the stock’s bearishness or bullishness respectively. At the time of liquidation, our portfolio value stood at INR 1,58,021.66 indicating a profit of 5.35%.

Item Type:	TAPMI Special Reports
Subjects:	Finance Finance > Investments
Divisions:	Finance and Strategy
Depositing User:	Mr. Muralidhara D
Date Deposited:	03 Jun 2020 09:04
Last Modified:	03 Jun 2020 09:04
URI:	http://tapmi.informaticsglobal.com/id/eprint/670

Actions (login required)

View Item

Downloads