Bharti & HLL ....is best pick !!!

[jatayoo]

in other words, these ppl are kind of holding the market for ransom

______________-----------------------------------------------------------
HI INNOCENT TRADER
This time i think that the much suspected analysts are not misguiding us;it is for real.Global cool down and inflationary worries are genuine but what is making me BEARISH is the introduction of politics into the economics of India Inc.
First the sugar sector was killed,next the steel sector was muzzled,now the cement sector is under the threat of price controlls.To add fuel to this is the news that the govt will not give up it's campaign to implement the SC/ST Reservation issue in the Pvt Sector.Now the Govt in it's wisdom wants a compliance statement in the AGM Reports of the companies.
I listened carefully to Udyan Mukherjee interview the Minister Industries ,Kamal Nath,on CNBC.Did you hear the ALL KNOWING Minister make a real clown of himself on the issue of price controlls on the cement sector.Eventually he cut the interview off abruptly as he found himself cornered.
Now if the Govt goes about this way in order to contain inflation then I am VERY BEARISH for the future and the FII's will get out of India real fast.

 

[karthikmarar]

Hi

Containing Inflation is not strictly politics. The adverse effects of inflation cause much more damage tough they reflect late. You may be aware that the Chinese market fall was engineered by the government itself to cool of the investment sector. It is also not just politics to curb greedy companies

Regards

Karthik

 

[uasish]

Hi Asish

Just sharing some thoughts.. and not finding fault.

I have been watching with some amusement the chase of the HLL. You said HLL is stalking us I felt it is rather the other way HLL was being stalked..

The stock is very clearly under a bearish phase the next obvious level seems to be 160 and 132 below that. The ADX and the LRS clearly show that bearishess still persists the high value of R2 shows the current trend is still strong.. So I was rather intrigued by the amount of interest in this stock

I was also wondering if this exhibits a classical mistake most of us make. Chasing the stock, which had humbled us. Somebody called it the revenge mentality, the bane of any stock trader

Just thinking aloud

Regards

Karthik

karthik,
You r absolutely right,this happens & happened & will happen for actual
traders like us.Only thing is i am absolutely transperent in my trading &
LOUD .Tell me how many times a SL gets hit for actual (i mean not paper
traders) traders like us in a week.The no. of profitable trades(only buy
i repeat only buy since last week i have being posting in different threads)
Actually Bajaj Hind ,Balarampur Chinni has given fair enough to stay afloat,
all are contrarian calls (any good TA can give Sell call now).We ,people like
you & us has to demostrate by actual performance to younger(not by age
but by experience) fellow traders.Thanks for reminding me that may be
HLL has creeped under my skin.

Asish

 

[innocent_trader]

______________-----------------------------------------------------------
HI INNOCENT TRADER
This time i think that the much suspected analysts are not misguiding us;it is for real.Global cool down and inflationary worries are genuine but what is making me BEARISH is the introduction of politics into the economics of India Inc.
First the sugar sector was killed,next the steel sector was muzzled,now the cement sector is under the threat of price controlls.To add fuel to this is the news that the govt will not give up it's campaign to implement the SC/ST Reservation issue in the Pvt Sector.Now the Govt in it's wisdom wants a compliance statement in the AGM Reports of the companies.
I listened carefully to Udyan Mukherjee interview the Minister Industries ,Kamal Nath,on CNBC.Did you hear the ALL KNOWING Minister make a real clown of himself on the issue of price controlls on the cement sector.Eventually he cut the interview off abruptly as he found himself cornered.
Now if the Govt goes about this way in order to contain inflation then I am VERY BEARISH for the future and the FII's will get out of India real fast.

hi jatayoo,
as a new beginner, im having a real hard time in stock market lost quite a big amount of money, i think im going to wait now till sensex crosses 13200 and shows good up movement from there.

 

[innocent_trader]

i request fellow traders to give useful info for dabur india, its one of the few defensive stocks with good movement, plz comment

thanks in advance

 

[uasish]

innocent_trader,
Many a times every trader goes through this phase,atleast it happens with me
periodically.Dont leave the Mkt ,reduce your Qts drastically,i leave Futures Mkt in this phase & start with 10 shares in Cash mkt (frankly ,believe me) & write down each trade.
The 1st question i ask "why i initiated this trade" ,what went wrong ? This is a
proffession by our choice,not compulsion.Never leave the mkt,until you decide
to switch proffession.One learns the mistakes only when actual money is lost,no amount of paper trading can improve your on job learning,never believe Experts,here them only.Plz remember only Castigated animals become
consultants ,to improve reproduction ,after being castigated .
Cheers
Asish

 

[uasish]

Hi,
Level's
HLL : Res 170.60 / 172.50(if above this then bullish)
Supp 165.25(if below this then bearish) / 164.10 / 162.30.

Asish

 

[uasish]

Shorted at 170.60

Asish

 

[uasish]

Placed profit SL @170.05

 

[uasish]

Covered @ 168.70