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Thebullofdalalstreet

PB Fintech at ATHNSE:POLICYBZR has crossed its listing price and has entered a new All Time High zone. Stocks that do this normally start their new journey from these levels. It went through a long correction that came in because of the over-valuation but the company has walked the talk and has delivered on fundamentals. This hence, looks like a structural move in the chart as well and I do expect a good follow-up going ahead. Stop Loss at 1450 should act well here. Go Long.
NSE:POLICYBZRLong
by jatin_agarwal
2
Pearl Global: Riding the Textile TailwindsNSE:PGIL is a solid pick at these levels in my opinion. Fundamentally we are seeing the story turn around for the textile sector and hence textile companies are on radar for me. Pearl Global has also come out of a solid consolidation and can be looked at with Stop Loss at 680-715. I feel this can be a great performer in the coming days as we continue to see tailwinds in this sector. I will not be surprised if it doubles from the breakout levels in 6-8 months.
NSE:PGILLong
by jatin_agarwal
Kotak Mahindra Bank HammeredNSE:KOTAKBANK shares have tumbled after RBI banned the private lender from taking on new clients digitally, due to IT-related deficiencies, raising concerns about the potential impact on the lender that relies heavily on online banking. The current levels may act as a support but this firm stance by RBI is in line with the recent past actions on various other companies as well. This sector has the maximum headwinds currently and one should be careful of investing in these companies specially when opportunities elsewhere exist. However, long term investors can start to accumulate this share if they want to have Kotak Mahindra Bank in their portfolio.
NSE:KOTAKBANK
by jatin_agarwal
Importance of time based stop lossNormally we see stop losses that are on the basis of price but i t is also important that we maintain a time based stop loss. Have a time period for stocks to see the performance, if it doesn't perform, sell and switch (you can always buy later!) to a better counter. In this chart we can see NSE:KANSAINER has not given any returns since years. In fact on the date of posting, we are still at levels that were seen in June 2017. This share has been range-bound and has not triggered stop losses on longer time frames, however, the price correction (for whatever reason) has costed its investors (assuming they remained invested) a lot in terms of opportunity cost. Hence, it is always advisable to have a time-based stop loss according to your system and appetite.
NSE:KANSAINER
by jatin_agarwal