TheRodinhoods

My first Rodinhood Open House and Maruti Suzuki

The 22nd June 2012 Rodinhood Open House was the first one for me.

Many thanks to Alok Rodinhood Kejriwal and Himanshu Mody.

Why?

Because at the Rodinhood open house you meet Ideas (and creators of those ideas called ‘entrepreneurs’).

I was carrying an idea too.

If there was a meter to measure entrepreneurial energy, the meter would have exploded. Simply because 15 unique ideas were unpacked with strong entrepreneurial passion.

The passion to make it work.

              

I unpacked www.ChaiStocks.com

Is it about Chai/tea or Stocks/shares?

At ChaiStocks, you get stock market trading calls and investment ideas – free, every day.

Immediate questions fired…Why is it free? How will you earn?

The ChaiStocks.com team believes – “Let the user get it for free and ask someone else to pay for her”.

Such type of business model works well if you are confident that your product/service meets a particular need and makes the user come back to you, regularly.

Naturally, Alok Kejriwal had a question.

Can you give one stock tip Now?

And another one followed,

Explain it Why?

 

10 seconds later…I replied Buy Maruti Suzuki.

Why?

Because, technically, Maruti Suzuki had given a Japanese candlestick pattern called Hammer (a bullish reversal pattern) on the daily price chart. And the momentum indicator too supported the bullish view.

Result (as on 4th July 2012):

In the next 8 trading days, Maruti’s stock price is up 11%.

 

www.ChaiStocks.com gives many such ideas, daily.

The Rodinhood open house not only shared business ideas but also a trading idea!   😉

Budding entrepreneurs should not miss the next open house on 6th July 2012 at NSE, BKC – Mumbai.

See U there!

 

Written by Milan Bavishi, Founder – www.ChaiStocks.com

Milan can easily be reached at www.facebook.com/milanbavishi