Hi -Am back after more than a year.
Used this time in learning technicals as in the past I was purely investing based on fundamentals.
Starting this thread to share my newly created momentum portfolio last Friday-all are fundamentally proven companies (most of these are also part of my core portfolio but wanna play shart term too - ie. trading in fundamentally strong companies on the basis of technical analysis) - would keep changing as per the market and stocks technicals -situation -mostly on weekly basis - would keep the portfolio of 15 stocks only - would keep exiting /entring new ones based on technical -convictions
Here are my few picks for the coming weeks
Heranba -819
ABB -1852
Fairchem Organics -1890
HDFC lIfe - 702
Kopran - 205
IEX -435
ACE - 216
Jubilant Ingrevia -715
CanFin Homes-523
Torrent Power -487
Dalmia Cement -2025
HIL Ltd -5521
Infoedge - 5895
Ion Exchange -2245
Hester Bio -2313
I put equal % ge in each
The intention to have only strong fundamental companies in the momentum portfolio is to avoid the risk of a black-swan event ( when technicals fail) . If one has strong companies in the portfolio, then he does not need to exit in some overnight market crash.
Look forward to suggestions on how to track or how to improve the performance.
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