Experts Call this TEJI a FAKE TEJI. Really? Read the facts.

 4^th September 2022

Experts Call this TEJI a FAKE TEJI. Really? Read the facts.

Dear Fellow Investors,

Namaste! Let me start the blog with a story of a renowned Gujarati Jokes Artist – SHABUDDIN RATHOD. He went to DARBAR’s place as a guest. He saw a GUN on the WALL. He was impressed that DARBAR is having a Gun. He asked him – is he a sharpshooter or just for fun? Darbar said – I have killed Lions and Tigers. My aims are perfect. So, Rathod Ji asked why don’t you show me a live shooting? The next morning they went to the Jungle. Rathod said – I don’t want you to kill any lion or tiger – just kill the HERON (BAGLA).

So, Darbar aimed at the HERON and shoot. Darbar said it’s killed. Suddenly – the HERON started flying. Darbar said to Rathod – Miracle happened – DEAD HERON is flying.

If HERON is dead – it can’t fly. If it is flying – it means the AIM was missed. But DARBAR is not ready to accept that he missed the AIM.

So, when you miss the buying opportunities and the Market Fly – you can always call it a FAKE RALLY. Simple.

For a TRUE VALUE investor, all rallies are fake.

What is a rally – either it moves up or either it moves down from the fair value as per the market mood. In both cases – they are either above the fair value or below the fair value of the shares. So, a TRUE value investor will do the REVERSE. He will buy when the prices are down and sell when the prices are up.

If you understand the above – you can understand that all your price hikes above (TEJI) or price fall below (Mandi) the fair value is FAKE. The reality is only FAIR VALUE.

Knowing this FACT – if you still want to waste your time in discussion about the REAL TEJI and FAKE TEJI – you can.

Those who are calling the TEJI a FAKE – missed the larger picture.

Last week – Bank of America Securities revised the Nifty targets to 19500. When they REVISE – it means they missed their first reading about the market!! You will see many REVISED calls on the market going forward. They all missed the larger picture.

All asset classes were down Worldwide from October 2021 onwards. It means the top guys were having tons of money to invest somewhere.

In the worldwide negative scenario, they found that India is resilient to the worldwide chaos and they can invest. As per Money control data – they sold close to Rs.3.87 lakh Crores stocks from October 2021 to July 2022. During August 22, they bought Rs.22 thousand crores. Stocks. About 7% of their sold stocks. They are testing the market and they will wait for the economic indicators and 2^nd quarter corporate results to take their investment going forward.

When they were selling stocks,  the DOLLAR price was moving. So, their effective profit was going down or losses were increasing. If their average dollar purchase was at 72 and if they are selling at 78-80 – they are incurring a 7-10% loss in exchange only.  

To recover their losses - they did one expected move.

They bought the market on one side and the market moved up from 14800 to 18000. 20% up from the bottom. In the process, their existing stock prices would have also moved up. Their portfolio would have come in the GREEN. Now, if they sell 15% - the nifty will again go to 15200 something.

What we had said on the 28^th June post – When will FII come back?

Change in FIIs stand: -

FIIs are selling worldwide and India is also not saved from their selling. Now the question comes – when will they come back or when will they restart investing in India?

According to my calculations, they will come back to all the asset classes from 12^th July onwards. Their flow should move up more from August onwards without any doubt.

We are down by just 15%. Their flow can cover up this fall fast and Nifty can make a new high by September or October end.

Why they will do this?

Everybody liked to start a WEBSITE and sell products worldwide. Except for CHINA, nobody focused on the actual production. All smart calculations and superprofits of AMAZON and other corporate giants were based on the manufacturing capacities of CHINA only.

So, these supply-side changes will take time to improve. In the meantime, FIIS are sitting on piles of money and they will naturally want to make some quick money.

So, one step down – two steps up is a good strategy. They sold 15% down. Now buy 20%- 30% up and sell again. This will allow them to meet their Foreign exchange losses and old losses which they may have suffered by selling in the last 6 months.

You will observe all the asset classes will face the above kind of treatment without fail.

The problem of NORMAL INVESTORS?

At Destiny Management – we think holistically about all the participants and all the issues when we talk about investments. We keep our readers well ahead of the market events and well ahead of the market experts. They only commit two mistakes.

1.   They don’t read our posts with attention.

2.   They read our posts but follow some EXPERT.

Thanks to the above two factors – they have always given one famous dialogue – I should have read your blogs / I should have followed your advice given in the blog / I should have joined you. This I SHOULD HAVE – has only one solution and that is – Your IMMEDIATE and FORCEFUL ACTIONS in following us. 

What is my FINAL CALL?

As per ADI SANKRACHARYA – everything is MAYA – illusion or FAKE. So, there is no REAL FAKE and FAKE FAKE. Everything is fake.

Just focus on how you can earn daily Rs.5000- Rs.5 lakhs. If you do this you will have all the LUXURIES of your life. If you don’t do this – you will have a lot of PHILOSOPHIES to talk about REAL and FAKE.

If you don’t want to miss the opportunities – just join us and make your DREAMS a REALITY.

Follow me on Twitter @hiteshmparikh / WhatsApp - +91-9869425399.

Learn a Lesson. Live with Passion & Invest with Reason.

Hitesh Parikh.