First thing First – “Background” !!

NIFTY50 had made all time high at 18604.45 levels in October 2021. But, even then, Mind you, people were reminded of March 2020 in next few week down the line.

You shall wonder WHY, HOW ⁉️

Because, after making all time high NIFTY50 has moved 2200pts “DOWN” , all that in water fall style – and we have been shown 18604 To 16410 levels in the next 42 working Days.

This was all sudden, unexpected, out of the blue, Severe fall. As, there was No News, Events and/or Announcement during the period to justify this magnitude and momentum. Except the listings of PAYTM, NYKAA, POLICYBZR and news about Omicorn, LIC IPO. 🤞

Because, other Global issues like Expensive Valuations, Inflation, Evergrande default did not show any impact and died down subsequently & quietly. 

Make your heart Stronger:

Traders need to accept that NIFTY50 moving 300pts to 700pts on intraday basis is nothing. Be prepared to see rather able to bear 1000pts daily volatility going forward.

That is how You would appreciate and going to experience the true power of Pillars’ Strategy – our Plan “B” which is nothing but the ruthless execution of the “STOP-LOSS”.

Whereas, Plan “A” is nothing but Trade only Selected Calls, hold with patience and discipline. 

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Quarterly Performance – October, November, December of 2021

Carry Forward Positions to March 2022 Quarter are “ICICIGI, TORNTPHARM”

Positions Closed this Quarter which were carried forwarded: CHOLAFIN, PETRONET

Upon counting all the Profits & Losses Booked during the Period: Net Profit ₹30,000/-

Counted Per lot basis. Excluding Open Positions’ MTM, Brokerages, Government Taxes.

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“ENTRY”

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“EXIT”

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“OPEN POSITIONS”

Conclusion:

To a member of 💯% Club following performance has been achieved in the 12 months of 2021.

• First Quarter: ₹1,53,000/-
• Second Quarter: ₹1,63,000/-
• Third Quarter: ₹1,61,500/-

Fourth Quarter: ₹30,000/- 

Positive MTM of TORNTPHARM & Negative MTM of ICICIGI – Most Disappointing Call. 

All this by using 6lac Capital – that is Client’s Core Capital.

All these on One Lot basis and after adjusting for all the losses.

Now we have 6lac Core Capital + ₹5,07,000/- Booked Profit for this Year.

85% Return on Investment in 12 months. Short Fall can be covered in brand new Year.

Better to Forewarn…

Forewarned is always insured, at least emotionally. And the Research Analyst is required to prepare their Clients for even the most unfavorable circumstances. This article is all about that aspect of our working.

👉 3rd Week of October 2021 – NIFTY50 Hit all time High at 18602

👉 4th Week of November 2021 – 1600pts Correction from all time high

And both of this were updated to Clients well in advance. Please see attached Image.

What all has happened during this period are listed below for quick recall…

Second Quarterly Results, Festivities (Navaratri, Dussehra, Deepawali, etc) Monthly Data Points (Auto Sales, Cement Despatches, Telecom Subscribers, Inflation), RBI FMC Meet, Corporate Announcements (like RIL Aramco Deal Off), Crypto and Natural Gas & Crude’s relentless Rising prices, Repeal of Farm Bills, FOMC Taper Decisions, COVID-19 Cases and likewise many more were either unknown or far off in future.

No one know how these News, Events will turn out; most importantly how Market would react to them.

Agreed, Well, back then no one knew including ourselves but we had a fair idea about the possibilities and those were updated to Members of 💯% Club via our 9th October message.

What Next from hereon:

During October, NIFTY50 revisiting to its 100 DMA (and possibly 200 DMA) levels looked difficult, suspicious if not entirely impossible. But, that happened in November as projected by Pillars’ Strategy.

Agreed not the way we thought and exactly not in the manner we wanted it to happen. For Example, We had two months’ time to hit 100DMA but Market did in Two Days – 500pts on Monday 22 November and another 500pts on Friday 26 November 2021. Secondly, we thought IT Stocks (TCS, INFY) will lead this time but again BANK Stocks did.

Likewise, once again, we forewarn that Pillars’ Strategy believes that NIFTY50 is not in down trend. And, we will see New All Time High on & before March 2022 ‼️

Of course, if Trend Reversal comes then we will change our view but even in that case minimum 18000 is expected to hit.

Only two updates about NIFTY50 in Two Months and both are mentioned herein. We had not advised any trading call in NIFTY BANKNIFTY FINNIFTY neither in Futures nor in Options. Simply because we didn’t have clear cut Stop-loss. Even though clearly were aware of the impending levels.

Our Policy is Simple – “No SL No Trading”.

Sitting Idle is much better strategy than to trade without SL. And, precisely so not giving Buy even at current levels. Let’s Watch what happens from hereon.

Logical Thinking is a must

• https://www.hindustantimes.com/videos/world-news/watch-w-h-o-warns-of-5-lakh-deaths-in-europe-amid-major-covid-19-rebound-101636049465194.html
• https://www.firstpost.com/world/vladimir-putin-orders-citizens-to-stay-off-work-for-a-week-starting-30-october-in-a-bid-to-tackle-rising-covid-19-cases-10072821.html

Even then American & European Markets were making All time high during November 2021

Compare the following Images

Remember Delta Variant driven 3rd Wave⁉️

What happened after that.

We all saw NIFTY50 hitting 18500+ levels.

At present, NIFTY50 down 9.5% from its all time High and BANNIFTY 16.67% far off. Where as Global Markets just saw pull back now – And, they are hardly 5% down from their respective High levels.

Think Logically, If INDIA was good at 18500 as promoted & marketed by Business Media and various Analysts back then is it not the “BEST” at 17000 levels. either of the things are wrong, is it not ?

How to Respond ⁉️

When Prices were one way going up then people wanted Correction which never materialized.

And, now when correction happened then same set of people are worried about Down Trend.

Either ways they aren’t happy, satisfied to take risk. But, happily share opinion freely.

That is the best way we can think off in given situation.

1st Half of October: Short Sellers got Panic.

Second Half of October: Buyers got Panic.

And, Euphoria was the real culprit.

Before proceeding further, please consider following statement of a former Market Regulator,

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‘We don’t regulate euphoria.’

former SEC Chairman Jay Clayton

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Market Veterans in October 2021

We have selected only those statements, view, opinion which has direct reference of “IRCTC”.

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Three different People, three Different Views on same electronic media platform but commonly about IRCTC Stock in same October month.

• Mr. Deven R Choksey: TATAPOWER, IRCTC has no reason to be sold-off.
• Mr. Dipen Mehta: IRCTC has PE Ratio of more than 300 even at current rates.
• Mr. Manish Gunwani: Quality Stocks are unlikely to give Market Beating Returns.

Today, these 3 gentlemen, later other set of Market Veterans would issue statement about some other Stock.

Now, if people are assuming that Stock Market is a Satta Bazaar (Casino) then what is wrong in that. Or Worst “TRADING IS RANDOM”.

Notice their Statements Dates also – DRC on 19 October, DM on 21 October, MG on 22 October 2021. By then all the damage was done.

Why we are concerned because when present 5 Crore Unique Demat accounts would become 10, 20, 30 Crore unique Demat accounts, Statements of our great market veterans would create more distraction.

We are just trying to provide the food for thought to the Traders / Investors. And only want to know, how many such statements are affecting and/or useful in their trading (investing) decisions.

We aren’t defaming, nor against, and/or blaming anyone, neither we are acting as a Moral Police.

Problem is they don’t issue clarification and/or provide follow-ups. But if they provide updates, then it would be a big help for retail traders or investors who follow their views. This should happen in all the situations & for forever.

Because, No one is right or wrong including ourselves.

Only Market is right and Supreme. Respect.

But Selected Disclosures Affect Us All.

This is How Innocent Investor played-out.

All of sudden, day before yesterday (i.e. Thursday, 28 October 2021) after Market hours, all the media starts flashing news about 50:50 convenience Ticketing Revenue Sharing arrangement between IRCTC and Railways Ministry starting from 1st November 2021.

And, on the next day, that is (yesterday) Friday 29 October 2021, on the expected lines IRCTC started hitting back to back Down Circuits from the opening bell itself – a good 30% Fall, (Thursday Closing 913.50, Friday Low 639.45) and all this in one day.

However, IRCTC recovered from Day’s Low to Close only 8% down, because flip-flop about the Revenue Decision started off from the high levels.

This is the governance standard for a listed Company, is it not ⁉️

Is anyone would ever be held responsible / accountable or should we take it lightly and assume it always happens – Rest is the History.

Even then, Market Veterans keep on issuing statements. Please refer below attached Screen Shots of 29th October 2021, till afternoon.

Hopefully, you noticed that views change with situation. And, this is bad, really bad.