Kunal Bothra’s Dussehra tips: If Tata Motors=ego & fear=Sun Pharma, what is Reliance?
Kunal Bothra, kunalbothra.co.in, says “there are a few largecap stocks which are magnets and attract the attention of many investors, Reliance Industries and HDFC Bank arouse a sense of attachment. Both of these stocks are of excellent quality .For me, it is Reliance Industries. Elephants do not dance every day and Reliance is one such elephant but when it does, I think it is going to be party time for the entire market.”
When you talk about the 10 heads of Ravan, one of the emotions they highlight is ego. How do you see that ego factor coming in the market? Is there anything specific one should avoid?
Ego, I will probably twist it in terms of pride and one of the stocks which according to me fits perfectly at least for me is Tata Motors. I will go back to the 2020 Covid period. From the point when the markets made a bottom to the point when the markets started to rally, I was pretty late in identifying many of the larger cap names but then Tata Motors used to just stand out as one of the classical charts. Just to give you an example: many of the other stocks were giving weekly chart breakouts but Tata Motors gave a monthly and a quarterly chart breakout. This was like an unmissable trade for Tata Motors. I still hold on to that stock and that has become more like a pride to me, so I will probably term it as ego.
Unlock Leadership Excellence with a Range of CXO Courses
Offering CollegeCourseWebsiteIIM KozhikodeIIMK Chief Product Officer ProgrammeVisitIndian School of BusinessISB Chief Technology OfficerVisitIIM LucknowIIML Chief Operations Officer ProgrammeVisit
What about the emotion of gree? Which stock will you link to this emotion? Where were you very greedy and saw the most profit greed?
As a behaviour we tend to
