Invest Without Emotions
Abhishek, our Chief Technical Analyst, will start blogging about his own personal investments from today. He has seeded his account with Rs. 20,000/- a sum that most retail investors get started with. The idea is to show how you can use the tools provided by StockViz to:
Wish him good luck!
Follow his posts here.
Sometimes, fundamental analysis and technical analysis will be at odds with each other. Nilkamal [stockquote]NILKAMAL[/stockquote] is a case in point.
Looking at its long term chart, one could argue that there is a slight uptrend. It seems like the stock tested the trend a few times and managed to hang on to it. However, is it the best possible bet amongst all other stocks you could possibly invest in? Lets see what Globe Capital has to say about it:
Of these, only #3 and #4 are about the future of the company, #1 and #2 are probably already priced in. However, without knowing how much of its revenue and profitability is derived from MHEB, it is impossible to take a call based it.
To its credit, Nilkamal has tried to get out of the commodity plastic furniture business through its @home brand. However, with an operating profit of Rs. 34.39 crores on net sales of 380.47 crores (9% margin), I think it deserves the ~5 PE it is trading at.
Short-term technicals don’t hold out much hope either. Even though RSI is at over sold levels, MACD and Abhishek’s favorite Guppy Lines are not showing any upside.
To summarize: Avoid Nilkamal. There are bigger fish in the sea.
Abhishek will be back on Friday with his Technical Analysis posts.
It was a rough week for our portfolio algorithms.
While the NIFTY went down -1.05% we are down -2.38% for the week. We had so many trailing-stop-losses trigger today that our portfolio is almost 40% cash.
We remain focused on the process:
Talk to us about our Quantitative Portfolio Strategy Execution.
It was a good week for our portfolio algorithms. While the NIFTY went up by 1.83% for the week, our portfolio was up 3.13%. Not bad, given that it had a +3 handle last week as well.
We remain focused on the process:
Talk to us about our Quantitative Portfolio Strategy Execution.
The StockViz reference portfolio we introduced last week is coming along nicely. The algorithm trimmed quite a few line-items and consolidated around eight stocks. 
Given NIFTY’s +1.00% for last week, the managed portfolio returned +3.00%.
More than the returns, the portfolio is managed by an algorithm, making the process
Talk to us about our Quantitative Portfolio Strategy Execution.
