General Trading Chat

amitrandive

Well-Known Member
I agree about 6825 but Sukhani does not predict so much long term. He gives his views for 2-3 days to 10 days max.

Someone has predicted index at 1,00,000 by 2020 ...such predictions are entertaining but useless for traders.


Smart_trade
Absolutely true!!!

Just my views

People who compare the Index returns with the other instruments are also fooling the public.

The constituents of the Index change many times over the years , so cannot really compare Index returns over the years as Traders do not take positions for such a long time.

Many times these are just marketing gimmicks by Mutual Fund houses and brokerage houses.

So such predictions are really pure entertainment.If the predictor knew this really he would have invested in the right stocks and generated huge wealth.

 
I agree about 6825 but Sukhani does not predict so much long term. He gives his views for 2-3 days to 10 days max.

Someone has predicted index at 1,00,000 by 2020 ...such predictions are entertaining but useless for traders.

Smart_trade
no other but our RJ --Rakesh Jhunjhunwala..

and he added to the interviews when saying 100000 " dont ask it is for sensex i am saying abt nifty":rofl::rofl:
long live RJ
 
Chart of sukhani says, 6825 is history ,people are lucky who successful in bottom fishing!!! next chance 2020 :D
Buying some at panic is a good habit. Thanks to ST da, now i look for capitulation as extra entry point. Got some at 7k (and also 8k).

Nice quote - "Buy when there is blood on the streets - even if its your blood"

Absolutely true!!!

Just my views

People who compare the Index returns with the other instruments are also fooling the public.

The constituents of the Index change many times over the years , so cannot really compare Index returns over the years as Traders do not take positions for such a long time.

Many times these are just marketing gimmicks by Mutual Fund houses and brokerage houses.

So such predictions are really pure entertainment.If the predictor knew this really he would have invested in the right stocks and generated huge wealth.

boss, mutual funds are not static either - check their annualized returns. SIP and hold for 10 years - then they will give decent returns in line with growth.

The predictions are useless yes, but take this simple prediction instead - Sensex will give long term return in line with GDP+inflation ( nominal GDP). Since MF easily beat Sensex, they will do better. No tension, when we think in this way.
 

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