Day Trading Stocks & Futures

john302928

Well-Known Member
There is no direct petrol to EV route. First Hybrids need to be available readily. These cars run on peteol but at low gear (where fuel consumption is greatest) it runs on battery. Thus giving same avg as diesel cars. This is what should be mandatory in a year or two. Diesel cause pollution.

Next step would small city cars converted to all electric. Since you need charging points at various places govt need to open it up for private players.
@siddhant4u what you suggested is the best way of implementing anything. But unfortunately we have people at the top doing without thinking like they did in demonetization
 

Riskyman

Well-Known Member
There is no direct petrol to EV route. First Hybrids need to be available readily. These cars run on peteol but at low gear (where fuel consumption is greatest) it runs on battery. Thus giving same avg as diesel cars. This is what should be mandatory in a year or two. Diesel cause pollution.

Next step would small city cars converted to all electric. Since you need charging points at various places govt need to open it up for private players.
Today im driving a petrol/diesel car. So if I buy a hybrid car in the next 2-3 years, I will use it for at least 5-6 years before I buy a fully electric car. So we are looking at a 15 year time horizon before the complete switch happens. Wouldnt it be better to just build the required infrastructure and make a direct switch? Cost for industry will be less. Developing an hybrid is expensive.
 

john302928

Well-Known Member
The only stocks in my MW which are not much falling are Reliance, UPL, ITC.
I have not yet checked the rest of the stocks you mentioned except ITC.
I would like to share my views on ITC if you please allow me.
ITC will crash and head towards 177.5. Thats my initial expectation. It may take few weeks to months. But it cannot escape. It will have its time to come to the expected level and I am sure it can never break its all time high before coming to my level of expectation. I could be wrong . Because there is no word "sure" for sure in the market. But I strongly back my analysis and it cant reach all time high for now. It is heading to 177.5 and it has to make a crash like feeling and it will happen. approximately it will be of 35.8% correction. lets see. Thanks
Note: It may very well be the end of ITC stock. But that is up for another discussion on another day once it comes to my level.
1562565492283.png
 
Last edited:

Similar threads