This Month
6
0 upcoming, 6 historical review dates.
Calendar
Immovable lifecycle review calendar
0
0 post-mortem tasks pending in tasks/pending/
Completed
6
Review dates with post-mortems already ingested.
Selected Date
30 Apr 2026
RITES
RITES • REVIEW_COMPLETE • news catalyst
Hold 10 days • Review / exit 30 Apr 2026
+0.92% Post-mortem done
RITES
RITES • REVIEW_COMPLETE • news catalyst
Hold 10 days • Review / exit 30 Apr 2026
RITES is a PSU railway/infrastructure consultancy riding the capex cycle with fresh order visibility: Rs 105.69 cr RDSO test-track maintenance, Rs 45.2 cr West Bengal bridge consultancy, Rs 729 cr Mysuru-Hassan-Mangaluru electrification revision. Stock +12% in April as midcap breadth expanded. This is the exploratory mid-cap slot the system has been missing — PSU status, multi-year order backlog, and alignment with the L&T/Cummins capex cluster. Short-hold trade into Q4 FY26 announcement (late May) rather than a long-dated position.
Prices
Entry: ₹219.42
Current: ₹221.43
P&L: +0.92%
Hold Plan
Target hold: 10 days
Held so far: 2 days
Review / exit: 30 Apr 2026
Review complete
Assumptions
A1: Daily delivery volumes on RITES support 3-5% position size without material slippage (liquidity check)
A2: Q4 FY26 result date falls in late May 2026 consistent with prior-year pattern
Bought 20 Apr 2026
Accepted from analysis task analysis-2026-04-20-0830
Confirmed and held 21 Apr 2026
Down 0.4% since entry but mid-cap bid continues; order-book narrative intact (RDSO ₹105.7 cr, Mysuru-Hassan ₹729 cr revision). Review date April 30 gives 9 sessions to play out into Q4 announcement window (late May). Stop held at -3% (news_catalyst drawdown tolerance).
Flagged for a closer look 21 Apr 2026
RITES closed near Rs 220.19 versus the Rs 219.42 entry, so the trade is only marginally positive. The order-book catalyst remains valid, but Dhan technicals show price below the 200-DMA and stochastic overbought, so this should be monitored rather than treated as a clean hold.
Sold 22 Apr 2026
RITES is slightly above the Rs 219.42 entry, but the latest Dhan technical snapshot showed price below the 200-DMA while stochastic was overbought. Since this is a bullish news-catalyst thesis and the configured technical gate rejects below-200DMA setups, exit rather than extend the short-hold trade.
Reviewed and closed 30 Apr 2026
Post-mortem postmortem-REC-20260420-07-RITES-2026-04-30 completed on 2026-04-30T03:47:05Z.
Post-Mortem
Exit correctpartially correct
Review Return
Review price: ₹219.28
Full hold: -0.06%
Actual: +0.92%
Benchmarks
NIFTY 50: +0.30%
Excess: +0.62%
Sector excess: +0.12%
What If
Held full: -0.06%
Exited at WATCH: +1.03%
Thesis Analysis
Order visibility was real, but the technical setup was not clean enough. Price stayed near entry rather than delivering the expected news-catalyst move.
Exit Analysis
Exit at Rs 221.43 avoided a flat-to-negative full hold. The stock was near Rs 219.28 by review, below the exit price.
Verified Assumptions
A1 Verified
Liquidity was adequate for small sizing; later public data showed traded volumes sufficient for a personal position.
A2 Verified
Latest public estimates place the next earnings date in May 2026, consistent with the expected Q4 announcement window.
Lessons
high midcap_technical_gate
Exploratory mid-cap news trades must pass the 200-DMA gate before entry, not merely during review.
moderate news_catalyst_timing
Order-win narratives need a near-term price trigger; otherwise short news-catalyst holds decay quickly.
No corporate events attached.