When a market falls in love with a theme, then all you need to do: find a couple of good stocks in the lot and just hold on it for some time to make the most of it.
Theme: Railway Stocks; and the trigger has been IRCTC.
# 1 IRCTC
Source: Chartalert.com
You must be thinking I am joking right. IRTCTC is already up from 600 levels to now 900+. I should be out of my mind to recommend this stock as it trades sideways. But I am sorry I observe stock behavior for a living. So, I thought about sharing a similar example from the recent past. Can DMART stock be compared? This is how DMart stock has done since IPO. Can IRCTC repeat this pattern? I will bet on that probability
Source: Chartalert.com
I will wait for a few weeks before buying IRCTC. The stock is a great buy between 780 and 840 levels. Having said that – always keep your eyes open because you never know
This is not the first time I am sharing this theme:
https://www.smarketpremium.com/2019/10/24/rites-is-ready-for-a-ride/
The other two picks: 1. RITES and 2. Concor
I share big picture and leave the trading/investment decision to you. I am here for teaching. Please be very careful on where to buy a stock and where the stop loss should be because you can find the best idea but might not have the patience and resources to withstand market insanity from time to time. I am not sharing ideas for 10-15% returns but 60-80% returns. So, be careful and thoughtful before making investment decision
Please do your own due diligence before making any investment decisions. I am just giving you food for thought.