If you are not getting the information from someone who is already wealthy, then you’re probably getting information from the wrong people. Most people ask their friends, the guy next door, someone they know – how do I earn more ? If they knew they’d be earning it – they don’t know. And most people talk to people that don’t know.

Global Markets

YTD Performance

Global markets are stable and continue to rise.

China though has bottomed out, continues to lag and waiting for better things and time to come.

Market Breadth

New Highs / New Lows

New Highs continue to rise as Nifty made a new ATH on friday.

Banknifty continued to correct and is in short term consolidation / basing.

Nifty

Daily chart

Nifty is range bound and now consolidating at All Time Highs.

Current range : 24200 – 24500

Nifty Indices

YTD Performance

As Budget date comes closer PSE sector once again leads the pack.

Don’t try to fish stocks in any other sector as they will Squat and hit SL. If you’re not in the PSE sector – you need to rethink !

Stay away from underperforming sectors, Legendary traders follow this one important strategy of always staying in Alpha sectors and Alpha stocks.

The Alpha

Sectors and Stocks

Keeping a watch on where the leadership is in the sector helps to get the True Market Leader / Model Book Stock / Alpha Stock.

SECTOR NAMELEADING STOCK
Adani GroupAdaniports
AutoAmaraja
Birla GroupAbfrl
CementGrasim
ChemicalsSolarinds
CommoditiesVedl
Consumer DurablesDixon
DefenceCochinship
Electric EquipmentTril
Electronic MfgDixon
EnergyKPIGreen
EV and Adv AutoJWL
FertilizerDhanuka
FinanceRecltd
FmcgTrent
HotelsITDC
InfraIndustower
ITOFSS
LogisticsAegislog
Mahindra GroupM&M
MediaDBCorp
MetalsHindzinc
Oil & GasOil
PharmaWockpharma
PSEHal
PSUBanksIob
PvtBanksFederalbnk
RailwayRvnl
RealtyPurva
ReitsBiret
RoadsUsk
ShippingCochinship
SolarIna
SugarBajajhind
Tata GroupAsal
TelecomIndustower
TextileRaymond
Alpha (α) stocks are ones that beat the benchmark sectoral index and are leading in that sector

Stocks to focus

Trade / Invest
TRADEINVEST
BhelBdl
BoschCdsl
GodrejcpLici
MuthootfinPninfra
PetronetSuzlon
Every trade without Stop Loss is a gamble

Your Job is to find ONE stock and handle it well.

2 responses to “12.7.24 : markets, sectors and α-stocks”

  1. mineshkdutt Avatar
    mineshkdutt


    EXCELLENT ANALYSIS ! THANKS FOR UR INPUTS ! DEAR .

    1. Purvish Diwanji Avatar

      Thanks for reading the weekly report🤘

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2 responses to “12.7.24 : markets, sectors and α-stocks”


  1. EXCELLENT ANALYSIS ! THANKS FOR UR INPUTS ! DEAR .

    1. Thanks for reading the weekly report🤘

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