When PSM Fans Speaks - PSM goes speechless

Click here to Read on Live Question and Answers with Puneet Marwah

TANMOY DEY: Great session.... Thanks Deepa  and Puneet bhai. Need a recording of the same.

Survesh Balaji: Thank you! Will stick to make constructive discussions in the group.

Survesh Balaji: Great session! Thanks Puneet ji and Deepa mam! Will look forward to more sessions like this.

Vyas: Thanks punit ji. For fantabulus session. It was much better than text

                  

Alex Maria: Informative sessions.. thanks for the efforts organiser.

Suresh Baskaran: Very good n useful session Puneet sir. Thanks for taking time for us.Thanks for organising n thanks to all organizers will attend all future sessions

Harshil Shah: Really appreciate the hard work kept behind the session and Puneet sir Personally attending all queries. Thanks a lot to all organizers

Vivek Berry: Puneet. Thank you for sparing your valuable time. This is great service. I could just join at the end  but hopefully be able to join right from the beginning in the next session. Hats off to you Puneet and a big thank you to all the others who made this happen

Rakesh Khandelwal: Thank u puneet sir & deepa for ur great effort. Salute ur spirit.

One thing which attract me that puneet sir have clear view, no confusion, yes or no

Vyas: Organizers. Thank you for your efforts. Really your like family members who r guiding Younger ones. God bless u with every thing. Ur r true noble souls.

Sanjeev Sharma: Wonderful "GOOD FRIDAY"

today PSM FANS organised a very good concept GOTOMEETING it's really very wonderful  full of joy i am . Special Thanks to Puneet sir and Deepa ji And all those who are involved in this concept. Today onwards I decided I will invest and earn along with learning process with only Puneet sir given stock recommendation I never invest other then Puneet sir recommendation it's my pledge you can say. Thanks to all have a nice day

Sharath P: Good initiative

Suresh Arcot: Deepaji is well experienced organiser who thinks of different ways and methods for the benefit of the group members.



Suresh Baskaran: Agreed

Sharath P: Well said! Im sure we all agree on this

Suresh Arcot: Two pillars of this group- Puneetji and Deepaji.Thanks for their  valuable services to us.

SANDEEP PATIL: Great session

Amar gadekar Yes it was great session

Aditya Jain: Great session

Pravindra Singh: Very helpful session . Request you if time window can be extended to 1 hr so that most of us can get chance clear out the query.

Agarwal: Great session, was there for 15-20 mins, learned new things

Kausik Chandrasekaran: Time spent on this session is worth every minute. It was really very informative. Hats off to both Deepa Ji and Puneet Ji for this session. Looking forward to more of these sessions whenever time permits.

Hari Sundar: Very informative. Thanks for the session

Rahul Rana: Thanks a lot punnet sir and deepaji

Indeevar Bhatt EqTech-579: Very good session

BALJEET SINGH: Deepa Ma'am, i am sorry i couldn't read this earlier, but after reading this my faith in humanity has further strengthened.... You and Puneetji are doing a great service...I really felt elated in the company of such noble beings

Click here to read more. Don't miss this one. I promise you will have smile on your face after you are done reading of this page.

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Live Questions and Answer Session with Puneet Marwah

Date: 14th April, 2017

Time: 9:30 am to 11:30 am

Number of Members attended session: 57

Suresh

Q1: View on IDFC, IDFC bank. Both are not moving for long time.

A1: In consolidation now. Hold on to it. I am having in my portfolio.

Q2: view on TV18 broadcast

A2: Hold. Target is 75

Q3: can I add more hdil to my portfolio at current levels.

A3: Add more around 78 levels

Q4: view on Tata motors futures which I bought at 475.

A4: Write April 470CE and hold on to futures with me.

We are selling at 625

                  
Anand Priy: Tata motor 470 Pe or Ce

Suresh Baskaran: Sell 470 CE.

Harshil Shah

Question Asked 1 - Views on SatinCredit

Reply Received

It can test levels upto 324 in the down case as chart is week and it has always posted good results for quarter 4. So it has strong fundamentals and as Puneet Sir himself is invested in it so no need to worry and can retest 420 levels soon

Question 2

Views on Infosys 960 CE

Reply Received

It has made a strong support near 920 . So once it gets back to 950 i can exit CE in profit, so no need to hold till expiry.

Question 3

 NMDC View

Reply Received

It is in consolidation phase so can test levels upto 120 i. Weaker market phase

Question 4

How can we start learning technicals from basic?

Reply Received

Go through the articles and book posted in the blog and start

Bala krishna  Jakka: question asked about virinchi...Puneet said to hold at these levels...

Sanjeev Sharma

Q.Ask about Sugar sector

Ans. Already recommended 'BAJAJ HIND' buy at the level 14 target is 28 in a short term time frame

Also advice to invest in BHARTI AIRTEL at the given rates mentioned in the blog.

Postional -

Scrip -Bharti - Airtel

Buy - 337 / 323( On Fall)

Stoploss - 312

Target - 472

Prathamesh Pavagi

Treehouse bought at 26 levels

Hold for long term

Tgt 40

Cyient

Entry 456

Sl 422

Tgt 670

Whether to enter in bank nifty calendar spread?

No is the answer

The mkt is rangebound

Scrip - Bajaj-Hind

Positional - 6 Months

Buy - 14.3

SL - 11.50

Tgt - 28

recommended by Puneet sir on 7th March

Mohit Vyas

Ur view on bharat financial..

PUNIT JI

it's on merger news

It's has corrected from 860 levels , many people hve booked loss

He will like to buy at 720 levels with target of 1150

Coal india

He will like to enter at 270 levels

Aban offshore

War news will help script as crude prices will go up ......

This this time it will break strong resistance of 257 with target of 290

Corporation bank

One can enter at 48 level

He doesn't track the stock...

Axtel

He advice to hold for long term

Puneet Grover

Question asked dmart and fconsumer long term view

Reply received dmart seems expensive will not buy at current levels  already risen too much. Fconsumer- it is forming wedge pattern given a tgt of 60 to 65 from current levels of 33 with support at 28 and 31

Gaurav. Asked about Karnataka, DCB and pnb. Pioneer asked to wait before entering as whole banking side is in a period of consolidation, especially public sector bank.

Rakesh Khandelwal

1. About pharma sector - its nearly bottom. So invest . According to puneet cipla & sun pharma are best pic

Cipla 542 best buy

2. Bajaj finance - near 1150 best buy. Long term portfolio stock & punnet sir have it in their portfolio

3. Suzlon - they have no view & interest in this script.

According to session puneet sir is very bullish on bharti airtel, tata motors & bajaj hindustan

Tanmoy Dey Mallick

Question asked  - View on MCX and Future Retail

Answer- MCX is having a meeting on 26th and there may be a lot of changes in management apart from that it's a good stock to buy in correction and Puneet believes that it will go up in the next couple of years and he is personally holding also.

And as far as future retail is concerned he said that retail is going through a phase of consolidation and there are a lot of players it retail. So it might need some time to move up.

Nagaraju M: As far as i remembered, Puneetji told to buy bharatfin at 720 for the target of 790, but not for the target of 1150. Please correct me if i am wrong

Yes - 790 short term

1200 long term target

Rahul

Question - what technical indicators do you recommend to use?

Answer - use CCI, you'll not be in loss. (You can study it on Google)

And was to monitor Volumes, CCI and RSI

Amar

I had asked view about fiberweb

Punnet sir told me to buy around 338 333 levels as evening star is formed stock may see short term correction

SANDEEP PATIL: I asked abt divislab n sir said it good to buy at this point

Click here to read why PSM went speechless

Please note these are our views based on how we understand the markets. Please please contact your financial advisor so that they can advise you based on your risk profile. 

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Earning Per Share (EPS) and Price / Earning (PE) for Dummies

Click here to view 💥POST 1💥 EPS

💥POST 2💥 P/E Ratio

This is the most important ratio used to value shares. It is also called  as PRICE TO EARNING ratio.

In our previous post we learned about EPS which is nothing but how much the company is earning per share or the profits per share.

                  

Now lets assume there are 2 companies A & B from same sector and we have to buy any one company for investment purpose.

Company A

Share price- 1200

EPS- 150

Company B

Share price- 40

EPS-2

In this case, company A looks expensive and company B looks cheap(price wise), to a person who has no knowledge about fundamentals.

 

But is it correct? No

Rs. 1200 share has Rs. 150 earnings. Remember that 150 is earning per share(EPS) and 1200 is cost of 1 share

(1200÷150)

So the share in case of company A is priced at 8 times its earnings(or 8 time multiples).It means we are paying 8 times of its earning per share to buy company A.

Now this multiple is called as Price to Earning or PE is nothing but

-----------------------------------

Share price ÷ EPS

-----------------------------------

This is the formula

Whereas Company B's share price is 40 and EPS is just Rs. 2. It means that it is quoting at 20 times its earnings (40÷2). We are paying 20 times of its earning per share to buy the share.

So which is better Company A or Company B keeping all other things equal?  A Rs. 1200 share having 150 EPS or a Rs. 40 share having 2 EPS. It is obvious that anyone will prefer the Rs 1200 share (Company A).

This is because in case of company A, I am paying Rs. 8 for every Rs. 1 of earning and in case of company B I am paying Rs. 20 for every Re. 1 of earning. 

See P/E is nothing but a multiple at which share price quotes over earnings..

For example if

Price is 100 and EPS is 20 then share is quoting at 5 times its earnings.

Price is 78 and Eps is 6 then share is quoting at 13 times of its earnings. So P/E is 13.

Now the PE which we calculated is called as Trailing PE or the CURRENT PE. All the financial sites will always show you trailing PE or the current PE of the stock.

PE is a very very vast topic so we will have atleast 8 to 10 posts on it so just hold your horses before coming to a conclusion.

Written by - Yash

Edited by   - #Raj

Raj Vora. Raj is studying BBA currently and is very passionate to learn different aspects of Stock Markets. He prefer to tag all his post as #ow. 

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My Trades - Equities - April 2017

Click here to view my Trades - Equity - January 2017
 
Click here to view my Trades - Equity - February 2017
 
Click here to view my Trades - Equity - March 2017
 
Click here to view my Performance Report

Date: 1st April, 2017

Time: 22:29 IST

SQS BFSI - I have bought this scrip after it came to my level of buying which are 545/541. It made a low of 540.5 and closed at 549. I will sell when it reaches 585. I am expecting the company will post good results compared to previous year. My sense is that the stock could consolidate at present levels and I am expecting a sharp move before results as positions usually gets built up seven days before.

                  

Time: 22:38 IST

Regency - I am expecting Regency to touch 27 in this April month.

Time: 22:43 IST

Just Dial - I will sell when it reaches the level of 546/548 which I had bought at the levels of 538.5/532/526. My stoploss is 508.

Time: 23:06 IST

I am expecting DLF, Ashoka Buildcon, HDIL, Tata Global, Siemens, Escorts could be the mass runners in this April series.

Date: 3rd April, 2017

Time: 11:48 IST

Just Dial - I have sold partially at the price of 548 which I have bought at the levels of 538.5/532/526 on last friday. I will sell the rest at the level of 560.

HindOil Exploration - Made a 52 week high of 82.4 which I have bought at the level of 68.

Date: 4th April, 2017

Time: 18:50 IST

I am finding many stocks are showing signs of aggression as left out feeling could result in big intraday moves. I feel L&T is one such case. I guess Nifty should rest its leg around 9350 levels where I am expecting consolidation. I am trying to maintain my position.

Time: 22:02 IST

Axtel industries - I am buying Axtel industries as value investment. I will buy at the levels of        95.5/77/68 in pyramid structure and I will sell at 200. I will be holding for atleast one year.

Avantel - I will sell 50% of my holdings when it reaches the level of 250 which I bought at 145. I will hold the remaining portion.

Time: 23:33 IST

AnantRaj Industries - I am finding the chart structure very attractive. I am already in a stock. Even CMP of 49.65 is looking attractive to buy

Time: 23:35 IST

Bohra Industries - SME IPO - Listing expected between 60-62. I will sell part at these levels. Rest I will sell after one year at 120 and last chunk after two years at 250.

Date: 5th April, 2017

Time: 9:29 IST

Axtel Industries is trading at 101.50.

Just Dial is trading at 558. Just Rs. 2 now. I will sell today at 560

Time: 9:53 IST

I will buy Ashoka Buildcon once it sustain for one hour above 198 and will sell it at 209 / 224

Time: 13:16 IST

I will buy DLF if it reaches at 148.65

Time: 13:19 IST

I will buy Tata Motors 500 Call 4.10 with a Stop Loss of 2.6

Time: 13:47 IST

I will do BTST - NCC if on closing basis it is above 87.80

Jain Irrigation which was bought at 90, currently it is trading at 103. I am holding it and will sell at 112

Construction companies - Infra Companies - Real Estate - April Candy

Have booked Ashoka Buildcon - part holding at 209

Time: 22:30 IST

Tata Motors - Base of three pillars - Structure W Pattern and Flag Pattern. We will see 627 soon

Dabur - Buy Above - 287.40

Tata Global I will buy at - 147 and sell at - 185

Date: 7th April, 2017

Time: 10:59 IST

JustDial - I will buy at 507/508 levels with a stoploss of 492. I will average if it falls to 496 levels.

Date: 9th April, 2017

Time: 21:10 IST

Tata Motors - I have bought for delivery. I will sell at 625. I am expecting new launches Tata Tigor and Tata Tiago to be game changers.

Date: 10th April, 2017

Time: 10:10 IST

JustDial - Quoting at 523 now which I have bought at 508 levels today. I will sell when it reaches 620. I will sell partially in between.

Time: 11:34 IST

Regency Investments - I am buying more at current market price of 23.05.

Time: 21:45 IST

PTC India Financial services - I will buy at 46.20/45 levels for an intraday move of 48/49.

Date: 11th April, 2017

Time: 10:22 IST

PTC India Financial services - I have sold at 48.1 which I have bought around 46.20 levels.

Time: 11:15 IST

JustDial - Quoting at 535 levels.

TataPower - I am exiting at 84 levels.

I will do BTST - NCC if on closing basis it is above 87.80

Date: 12th April, 2017

Time: 09:35 IST

NCC - I sold my BTST position at 91 levels.

Tata Motors - I have exited April 500 CE at 2.6.

Time: 10:21 IST

Reliance capital - I will buy 560 PE May series at 8.

Time: 10:28 IST

MRPL - I will buy at 118.80/90 and I will buy more at 114.50 levels with a stoploss of 110.40. I will sell when it reaches levels of 140.

Time: 16:52 IST

I guess indirect road shows and unexpected surprises are on the cards. Hence I am not buying in leverage until the volatility settles and clear trend emerges. I am very much positive on TataMotors, ColPal and Escorts.

Date: 13th April, 2017

Time: 09:19 IST

Infosys - I will buy April 1000 CE when cash price touches 943/940

Time: 09:28 IST

Infosys -  I will buy at 940/933

Time: 10:19 IST

Infosys -  I have exited 1000 CE at cost to cost. I will buy 960 CE when cash price touches 933.

Time: 10:33 IST

Infosys -  Ascending triangle in formation in 5 minutes chart. It is showing strength and I feel it will break the crucial level of 949. CE values - Dropping - Shows writing. Shorts are building the positions. Nifty is facing pressure. Stock is failing to maintain on higher end.

Time: 12:16 IST

Tata Motors -  I will buy at 453.5 for intraday.

Time: 15:27 IST

Tata Motors - I have exited my intraday position at 455.

Date: 14th April, 2017

Time: 21:43 IST

ABB - I feel ABB is on breakout. It has been by the following mutual fund houses in march 2017 

DSP BR
Edelweiss
HDFC
ICICI
IDBI MF
L&T Mutual Fund
LIC MF
Motilal Oswal MF
Principal
Reliance MF
SBI
Sundaram MF
TATA
Taurus
UTI

Date: 16th April, 2017

Time: 17:40 IST

Commodity- Guar seed

Super Trend broken - Average of 3250 / Super trend support of 3700/ 3690

Therefore - Short term trend positive with 3700 base 

I will Buy on bottom or correction - Near - 3700

Stiff Resistance at - 4215 / If crosses then I feel it can reach upto 4420 levels( Major Resistance)  

Above - 4420 / If larger Volume hits then it can reach upto 4751 / 

Final levels - 5429 on higher side - If manages to close 4751 decisively

Commodity- Castor seed

I feel support could be around 4683 levels. If hold short term could remain in range and I feel it will reach 4760 / 85 levels. If breaks below the support 4683 and sustains then levels of 4568 Likely Short term near support zone and may bounce back for 100 points from 4683

Commodity- RM seed May futures

I will buy at 3726 / 22 and I will add more at 3512/ 3525. I will sell when it reaches levels of 4488.

Commodity- Crude Oil

I feel Crude is facing stiff  resistance at 3515 levels. If it manages to trade above resistance levels, then I seeing 4009 levels on upside.

Commodity- Nickel

I will at 591/86 with a stoploss of 554. I will sell when it reaches levels of 820.

Time: 19:23 IST

Tata Motors - Ii it opens flat, I will wait for it to move either way.

1) I will buy on dips at 449.5 and will sell at 457.

2) I will short at 457 and will buy back at 449.5

Date: 17th April, 2017

Time: 10:03 IST

Tata Motors - I sold at 453.5 which I bought at 449.5

Time: 12:15 IST

Infosys - It is in narrow range with 18 lakh volumes. I feel it can reach 917 to trigger stop loss.

Time: 13:03 IST

NCC - I sold partially at 94 which I bought at 80 levels

Date: 18th April, 2017

Time: 08:40 IST

Inverted Head and Shoulder - Holding Previous Bottom Accumulation Reflection Upward Channel Smooth Break- Out to Multiple Resistance
Fundamentals still remains the same - But the momemtum of restructuring hitting the air - Expected Postive injectibles to sustain

Time: 10:24 IST

Reliance capital - Quoting at 624 now. I will buy at 618.5 with a stoploss of 612. I will sell at 637.

Time: 13:38 IST

Reliance capital - I sold at 621 which I bought at 618.5

Charts on DLF and Reliance Capital - here

Date: 19th April, 2017

Time: 10:29 IST

Tata Motors - I will buy for intraday at 440. I will sell at 443/445/447

Time: 12:06 IST

Jain Irrigation - I will buy at 108.3 for intraday and I will sell at 110/113

Time: 12:30 IST

Tata Motors - I sold my intraday positions at 447 levels which I bought at 440

Jain Irrigation - I sold my intraday positions at 110 which I bought at 108.3

Time: 14:53 IST

Jain Irrigation - I am finding Chart structure attractive. Huge sustained volume breakout.

Time: 15:27 IST

Canara Bank - I am buying at current level for BTST trade.

Time: 17:40 IST

DLF

Regency - Wedge pattern

Date: 20th April, 2017

Time: 09:35 IST

Canara Bank - It has gained 2.5 points from the level I bought. Futures lot size being 3000, I will sell it according my money management.

Time: 09:37 IST

Tata Global Beverages - I am bullish for an intraday trade. I will buy above 154.2 if it holds this level with good volume.

Time: 11:05 IST

Canara Bank - It has gained 9 points(lot size : 3000) from the level I bought.

Date: 21st April, 2017

Time: 09:03 IST
I feel Nifty supports at 9090/9050 and resistance at 9218/9250

NBFC and FMCG stocks looks good to me
Mindtree and Cyient results were ahead of expectations. I will buy Cyient and remain neutral on Mindtree.
Hindustan Zinc reported strong numbers. I may sell due to rich valuations.

Time: 13:06 IST

TataMotors - I will buy for intaday at 435.6 and will sell at 438.5

Date: 23rd April, 2017

Time: 22:09 IST

Regency Investments - I am waiting for its first number and once the result is out, I will reposition accordingly. I will review on fundamental basis. If result is as per my expectation, then I feel multibagger in making.
Industry PE is 36.5. I am expecting EPS of around 2 Rs. If EPS is around 2 Rs, then fair value is 73.

Date: 24th April, 2017

Time: 20:41 IST

Regency Investments - 10 branches are expected to be finalised this year. I see more potential in this. I could not buy today as it was locked in upper circuit. I will buy tomorrow. I think it will reach 50 levels in 6 to 8 months.

Time: 21:15 IST

HCC - I will buy at 45.5/44.6 for intraday with a stoploss of 44.2. I will sell around 47.4/48.1

Date: 25th April, 2017

Time: 08:15 IST

UPL -

Short term breakout above 803 - Intraday - I will buy at 794/790 and will buy more at 778 with a stoploss of 769. I will sell around 842 levels.

IndiaBulls Housing

I will buy for long term and will sell around 1500 levels.

I am sensing short term breakout. I will buy in pyramid at 1006 / 997 with a stoploss of 945. I will sell at 1063/1126/1208

Tata Motors - Weekly structure - HNS Pattern

I feel 424 could be low and will reach 625 levels.

Time: 09:28 IST

HCC - I sold my intraday positions at 48.1

Time: 13:22 IST

I will exit my all long positions when nifty reaches 9350

Date: 26th April, 2017

Time: 10:30 IST

I have exited all my long positions now as nifty touched 9350 levels.

Date: 28th April, 2017

Time: 09:07 IST

ONGC - I will buy at 178.4/172/167.1

Time: 14:40 IST

Bharat Financial Inclusion - I will buy May 1000 CE around 4 rs. I will sell when cash level hits 940.

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