Thursday, April 21, 2016

Portfolio Update April 2016

Booked significant gain in a stock in the portfolio due to massive run-up. Not that the stock was expensive but a 70% up-move in a very short span of time is quite significant and its wise to take the profit off the table. We made around 40% return on that stock in 6 months time.

Cash Position increased to almost 25% of the portfolio as there has been around 1200 points up-move in Nifty from budget day low.

Please check the updated portfolio for further details:

15 Stock Investment Tips from Rakesh Jhunjhunwala

1. Always go against tide. Buy when others are selling and sell when others are buying.  2. If you believe in the growth prospects o...