Re: Very Clever AFL
Dear KRAB, U like my strategy thanks, I want to say that u should not demand for a ready made list. Posting a ready made list is not a big prob for me, but my actual aim is to guide those persons who want to learn FUNDAMENTAL and TECHNICAL, First of all u need a registered Amibroker (because i m AMIBROKER fan) and a eod bhavcopy downloader like HAKIJA, DATADOWNLOADER, BHAVCOPYDOWNLOADER, can be easily found on TRADERJI , Make a last 5/6 years database, Make a simple FIBO AFL and be sure that u always buy at any fibbo level like 50 or 618 or 786, Buy at a FIBONACCI because a bounce always expected at these levels, Make explorer in FIBONACCI AFL and scan on weekly based, when u familiar with any fibo level then u have only 50% fear in ur mind about ur stock price fall, Be remember our golden rule is buy at only a fibo level which we feel that is best with our body language and avg at second fibo level only. This is sufficient for charting and technical base ( we r not fund manager its sufficient for us). No need to learn more on technical. For deeply on fibo AFL u can PM me.Come on Fundamental side now, Make a golden rule for stock select :- 1) promoter holding more then 51%. 2) Small equity. 3) better if MNC. 4) maximum EPS ,prefer above 20. 5)maximum BOOK VALUE. 6)lowest PE, prefer below 15. 7) NET PROFIT more then 10% better, don't go with 40% net profit that is fraud i feel and don't go with lower net profit. 8) debit to equity ratios as minimum better zero debit means much better, don't select that stock which have a big debit burden on it. 9) continue paying dividend from last five years better. CAN ADD MORE FOR BETTER PERFORMANCE WITH HELP OF SENIORS. I feel if we play under our discipline golden rule our balance 50% fear of price come down can disappear. After make a list of strong fundamental stock regularly update EOD data and only 15 to 30 minutes is sufficient for u for homework and make strategy for buy a stock at fair level, next i post after response if few person like this. any inquiry welcome nifty46(Dhiraj Sood)