Geni Multicap Technical — Model Portfolio
A portfolio of Indian stocks with the highest relative price strength, in established uptrends. Each stock is typically held for weeks to months; the portfolio itself is built to be held for three years or more. We review it on the last Friday of every month and exit a position on any trading day it breaks our risk rules. Every addition and removal comes to you as a research report, with recommended weights and the reasoning behind it.
Objective: long-term capital growth from up to 15 NSE stocks with strong relative price strength.
14 of 15 stocks
We add a stock only when it meets every one of our criteria. Any share of the portfolio not in stocks is held in cash, and we show that cash openly.
The names and weights Subscribers only
Subscribers see every stock in the portfolio, with its entry price, weight and ratings, the reasoning behind each addition and exit, and the detailed monthly research report. How we choose stocks, the risks involved and how we review the portfolio are set out on this page for everyone.
Subscribe Factsheet (PDF)Changes and reports Subscribers only
Subscribers receive the reasoning behind every addition and exit, and the detailed monthly research report. Here is what an exit note looks like.
What an exit note looks like
Sent the evening a holding meets an exit rule, to act on in the next trading session.
Tata Steel closed at ₹142.00, 20% below its highest close of ₹177.60 since it was added, which is our trailing exit rule. We are exiting it: act on this in the next trading session.
The securities quoted are for illustration only and are not recommendatory.
How a stock gets in, how it stays, and how it leaves
How we build and review the portfolio, step by step. Our selection is technical — it is based on price and volume — and we apply the same rules at every review. Every addition and removal is reviewed by the Research Analyst before it is published.
1 · The stocks we consider
The starting list, before any stock is chosen.
- Listed on the NSE with at least one year of trading history.
- At least ₹15 crore traded on an average day over the past 50 trading days, so that investors can buy and sell without moving the price.
- Share price of at least ₹50.
- Assigned to an industry by NSE, so we can judge how its sector is performing.
- We leave out stocks the exchange has placed under additional surveillance, and SME listings.
2 · The ratings
Each stock is rated from 1 to 99 against all the others we consider.
- Strength — how the stock’s price has performed over the past year compared with every other stock, with the latest three months given double weight. It is the rating we give most importance to.
- Accumulation — whether buyers or sellers have been in control over the past 50 trading days, judged by where the stock closes each day within its range and on how much volume. Graded A to E.
- Sector Rank — how the stock’s industry has performed over the past six months compared with other industries.
- Structure — the health of the trend: where the price stands against its 50- and 200-day moving averages, whether the longer average is rising, and where it sits within its 52-week range.
- Geni Score — our overall rating, combining the four: Strength 35%, Structure 25%, Accumulation 20%, Sector 20%. Like the others, it ranks a stock against its peers rather than scoring it out of 100.
3 · Selection
At each monthly review — the last Friday of the month, after the close.
- We add a stock to the portfolio when its Strength rating is 80 or above — among the top fifth of the stocks we consider — its price is above its 200-day moving average, and its Accumulation grade is C or better.
- Stocks that meet these conditions are ranked by Geni Score. The first report builds the portfolio from that list, up to fifteen stocks. After that the Research Analyst reviews the list and adds up to three of them at each monthly review, in that order, while there is room.
- Each stock is added at about 6.7% of the portfolio — one fifteenth — with no more than two from any one sector. After that we never trim or add to a holding: its weight moves with its price until we exit it in full. The share not in stocks is held in a liquid ETF, which works as cash.
- We do not buy back a stock within three weeks of exiting it.
4 · Holding and exit
We exit on any trading day our rules call for it, not only at the monthly review.
- A stock stays in the portfolio as long as its Strength rating stays at 50 or above and its price stays above its 200-day moving average.
- We exit if it closes 20% below its highest close since it was added. This trailing stop-loss rises as the price rises, and never moves down.
- We also exit if its Strength rating falls below 50, or if it closes below its 200-day moving average.
- We do not set a profit target. We stay with a rising stock until one of these exit rules is met.
5 · What we do not do
What this portfolio does not rely on.
- No market timing. We do not try to call the market. The market reading on this page is there for context only. Leading stocks often turn up before the broader market does, and waiting for the index to confirm a recovery usually means buying late.
- No fundamentals. Our selection does not use earnings, valuations or news. It is based on price and volume alone.
- No exceptions to the rules. The same rules apply at every review. The Research Analyst may hold back a change for a reason stated in the report, but does not add stocks the rules have not selected.
6 · Reporting
What you receive, and when.
- After each monthly review, the Research Analyst publishes a research report listing every holding, its weight, and the reasoning behind each addition and removal.
- If a holding meets an exit rule between reviews, you receive an exit note that evening, to act on in the next trading session.
- We measure performance against the NIFTY 500 (price index, like the portfolio: before dividends) over several periods, and publish it once it has been verified as SEBI requires. We do not present any figures from before launch as performance.
- Act on each change in the next trading session after its report. The entry or exit price we record is that session's average of its open, high, low and close (its closing price for the portfolio's first recommendation) — the method used to verify performance under SEBI's framework. So if a stock closes at ₹110 on the report date and opens at ₹112 the next morning, the recorded entry reflects the next day's trading, not ₹110. Figures count price movements only, before costs, taxes and dividends.
Against the NIFTY 500
Once the portfolio has a live record and it has been verified, we report its performance over several periods. We do not present any figures from before launch as performance.
Performance Subscribers only
Once the live record has been verified as SEBI requires, subscribers see its performance over several periods against the NIFTY 500. No figures from before launch are presented as performance.
What investors should be prepared for
Please read this before subscribing.
- The portfolio can fall sharply, by 25–30% or more, and can stay below an earlier high for two years or longer. Hold it only with money you can leave invested for three years or more.
- It holds at most 15 stocks, many of them mid and small companies, so it moves more than a broad index and some holdings trade thinly.
- Stocks that have risen strongly can reverse quickly. An exit is made in the next trading session, which can be well below the level that triggered it.
- Part of the portfolio can sit in a liquid ETF for long periods, and it earns very little while it does.
What a subscription includes
- Every stock in the portfolio, with its weight, entry price and ratings
- The reasoning behind every addition and exit
- The detailed monthly research report, after the last Friday of each month
- An exit note by email the evening a holding meets an exit rule
- Performance against the NIFTY 500, once verified
Before paying you sign the Most Important Terms and Conditions. After paying you complete your KYC, and the portfolio opens once it is approved.
Plans
Reviewed on the last Friday of every month.
A research report with recommended weights, not personalised advice.
Prepared and reviewed by Ashish Singh, SEBI Registered Research Analyst (Reg. No. INH000014340, BSE Enlistment No. 5985), GeniResearch. This is a model portfolio issued through a research report with recommended weightages. Investments in securities are subject to market risks. Past performance of the model portfolio of stocks, including any backtested figures shown, does not guarantee future performance. The portfolio does not offer or guarantee any assured or minimum returns. The model portfolio is not a personalised investment recommendation. The Research Analyst is not liable for any losses arising out of investment decisions made based on this model. The user is responsible for executing the portfolio as per their own discretion and understanding of the risks involved. Prices are end-of-day. Entry and exit prices, and performance, are measured on the methodology of PaRRVA, the SEBI-recognised Past Risk and Return Verification Agency.Investment in securities market are subject to market risks. Read all the related documents carefully before investing.Registration granted by SEBI, enlistment with BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.