After two strong months of outperformance I got more comfortable with the model and the strategy. However I always kept in mind that it may just be my luck and an extraordinary market environment which is giving me this opportunity to make money. This may not last long. I was already ahead of the market. I reshuffled my portfolio for July 2020 and equally invested the amount in following stocks:
1. State Bank of India
2. ONGC
3. Eicher Motors
4. Power Grid Corporation
5. IOC
6. Indusind Bank
7. Axis Bank
8. Tech Mahindra
9. Bajaj Finserve
10. Coal India
At the end of the month NIFTY was up 4.4% whereas the portfolio was up 3.2%. Since May, Strategy had given 32% return as against NIFTY giving 17% return. The strategy did it again. It suggested Tech Mahindra which gave 23% return and then pushed it out. It was just so amazing to see how the model was working so well.
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