General Trading Chat

[TracerBullet]

Reliance Tax Saver,Axix long term advantage fund,Next year I may invest in Motilal Oswal ELSS fund....

Right time to invest is when the market is down My SIP is when mkt tanks 500 points I buy mutual funds in SIP...

ST

Have you considered there other funds? They dont have track record in MF yet as they are new. Since you have experience with them, would you recommend MOST multicap 35 as good option for 5-10 years investment. Good performance so far. thanks

 

[vijkris]

Yes ST Da,

Me too interested in MF but don't have enough knowledge...

I m also interested.. have zero knowledge abt, elss,mf,SIP, etc.

 

[Smart_trade]

Have you considered there other funds? They dont have track record in MF yet as they are new. Since you have experience with them, would you recommend MOST multicap 35 as good option for 5-10 years investment. Good performance so far. thanks

Yes I have invested in all their funds...Multicap 35, Midcap 30....ELSS I am done for the year.,so will invest next year.

They have good research and investment philosophy ...
so going for them next year.

ST

 

[Smart_trade]

My view is MOST funds will be wealth creators in next 5-7 yrs.

ST

 

[wisp]

1) For VERL don't consider upgrades VPs.Meaning the VPs. Should be clear VPs.



Smart_trade

ST Da, will you use an ERL from such a VP which has only one proper minor trend? In this case we have a minor uptrend meeting a decline

 

[Smart_trade]

ST Da, will you use an ERL from such a VP which has only one proper minor trend? In this case we have a minor uptrend meeting a decline

It is a minor DT as we cracked a mpl...so meeting point is VP and ERL is VERL.

ST

 

[Smart_trade]

Time to go to sleep.......will see you all tomorrow...

ST

 

[wisp]

Pic 1 - Is this correct - We have probable trend change, but neither VPL1/2 can be considered as vERL and we wait for VPs of new trend

Pic 2

In this case, break of VPL5 after lower VPH6 makes 5 as vERL. VPL1 and VPL3 are not relevant. Break of VPL1 which was VPL before lower degree uptrend started does not make new vERL

Edit - typos

I think theres a VP where I have marked..

 

[traderniftybank]

Yes I have invested in all their funds...Multicap 35, Midcap 30....ELSS I am done for the year.,so will invest next year.

They have good research and investment philosophy ...
so going for them next year.

ST

MOSt Focused Long Term Fund, ELSS of Motilal Oswal

Link for Motilal Oswal ELSS

http://www.motilaloswalmf.com/products/most-focused-long-term-fund

 

[wisp]

Hello st da, some question on VP method

1) When multiple VPL gets broken, which one should be used as vERL? Can we take the latest one?

Pic 1 is a lower degree uptrend, so vERL1 should probably be used
In pic 2, Both vERL1 and vERL3 are from previous trends, maybe neither can be used and we wait for new VPL break.
Pic 3 - vERL1 or vERL7 - 1 is from Higher degree downtrend and 7 is latest VPL of new downtrend

(All turning points are VP below)

ST Da,
Please will you answer the same questions of TracerBullets with these charts

1) When multiple VPL gets broken, which one should be used as vERL? Can we take the latest one?

Pic 1 is a lower degree uptrend, so vERL1 should probably be used
In pic 2, Both vERL1 and vERL3 are from previous trends, maybe neither can be used and we wait for new VPL break.