XISS at TRADEWARS 2016

Xavier Institute of Management, Bhubaneswar organized East India’s Biggest B-School fest “Xpressions-2016” last week from 11^th nov’16 to 13^th nov’16. The three days long Fest also had a business stimulation game “TRADEWARS-2016” in association with DALAL STREET INVESTMENT JOURNAL (DSIJ) as one of its event. 

Team Name : TEAM CONCEPTS

Members: Abhinav K Sinha, Abhyankar Shivam

The Experience was the one which made our blood alive. The game begun with an Online Quiz on 17^th Oct’ 16, which was a meant for testing our financial skills. Top 100 teams were then selected for trading in NSE and BSE through there virtual online trading platform. We were provided with a virtual money of Rs. 10 lacs and trading window were open for 5 days from 24^th oct to 28^th oct’16. We faced few difficulties in trading as this was done during the actual trading hours which clashed with our classes and the Virtual Trading platform was also not based on real time quotes there was a difference of 3 minutes.

During these 5 days of trading we mainly focused on Intraday rather than holding the stocks. As the trading period was less, we primarily focused on one technical and one fundamental analysis i.e. the beta analysis of stock which studies the sensitivity of stocks w.r.t. the market, trend analysis and sectoral analysis. 
 

After this trading round, TOP-20 teams qualified for the round-3 in which we were asked to send them our strategy behind trading in a powerpoint file. Further, We made it to final round, which was a on campus round to be conducted on 12^th oct’16. In this round five teams were selected and were asked to prepare a powerpoint presentation again. 

We were happy as we were about to represent XISS for the first time. We prepared for presentation and primarily focused on:

·       Sectoral analysis.
·       Investment Strategy.
·       Our Portfolio return vs The Market.
·       Future Outlook (for the stock we held)

We faced too much difficulties to reach there. DEMONETISATION???? Yes, this also made our way to the destiny difficult. We faced difficulties getting our tickets but we managed somehow.

We reached a day before our presentation on 11^th.  On 12^th we gave our presentation, It was a 15 minutes long presentation followed by 5 mins Q&A round. We exceeded our time limit as our portfolio was too much diversified and had too many stocks, this made us suffer and face penalty marking and we became 2^nd runner up.

The team there at XIMB was too cooperative, we thank them for the arrangements they made.

We  had a great experience over there, the overall journey made us aware about our interests towards the capital market, a bit of technical analysis to be made for investment and the most important one “ Life is what everyone spends but if you want to live , then move out of crowd and give your life – A swing.”