A lucrative way to multiply your capital is to use position sizing in your favor. Many a time, position sizing is used as a way to manage risk in long-term investing. Reducing your position size gradually when the market comes under pressure resorts to volatility; it is a classic strategy to safeguard your capital. But when you are in a growth stock whose story you’re convinced in, increasing your invested capital as the stock signals follow-on entry points can result into compounding of profits. Continue reading “Learning Article : Using the 50-DMA Line as Follow-on Entry Point”
IFB Industries witnessed huge buying interest during the festive week. The stock zoomed 14.5% and scaled new high. It recently broke out of a 13-week long cup-with-handle base and has advanced 22% in two weeks.
Reliance Industries came to the party in today’s session. The stock scaled new highs before closing 4.6% higher. The Company had recently reported strong set of results in Q2 FY 2017. Reliance is now in touching distance of a market capitalisation of INR 6 lakh crore.