General Trading Chat

[phoenixbird]

Hello all,

Is there any recomended method/dates for making fixed monthly installment payment to SIPs. For example, is it better to make a payment during market high in a month or during market low?

Thanks

 

[vagar11]

Hello all,

Is there any recomended method/dates for making fixed monthly installment payment to SIPs. For example, is it better to make a payment during market high in a month or during market low?

Thanks

It's hard to judge these things. You are trying to time the market.

Even, if I found out the day on which nifty makes low in a month, there is no guarantee it would remain like that in future.

 

[phoenixbird]

It's hard to judge these things. You are trying to time the market.

Even, if I found out the day on which nifty makes low in a month, there is no guarantee it would remain like that in future.

I'm not trying to time the market neither will I, but want to know if there is any significant impact on making payment to SIP according to market.

Just to understand when do people usually pay their installments or is it ok to make the payment on anyday of the month irrespective of market index.

Thanks

 

[timepass]

USDINR closes at 68.22 ; 30 paisa lower. Are we heading for the all time low of 68.91 ?

BTW, what is the all time high for crude ?

 

[vivektrader]

I'm not trying to time the market neither will I, but want to know if there is any significant impact on making payment to SIP according to market.

Just to understand when do people usually pay their installments or is it ok to make the payment on anyday of the month irrespective of market index.

Thanks

I had started an SIP to be bought on 28th of every month (thinking of expiry etc.), but then I realised that it is better to do it manually, i.e. have a monthly goal of investment for e.g. 20000, buy some or whole of this on a day when nifty falls more than 100points before 3pm.
Note down NAV of the bought units with date and closing Nifty spot level (of the purchase date), so as to have a rough reference.
That's how I am managing it now. Its not the best way to time the market, also you don't need to time it considering most things in terms of returns will even out over a period of 5-7 years (which should be your minimum time goal).
Just because we are monitoring the markets daily, we can do it this way instead of an arbitrary date.

Vivek

 

[Smart_trade]

I had mentioned in this thread that Bajaj Finance has given a sequential buy signal 2days ago at that time.The price was 800-820 on that day...today it closed at 870.

It has given a 80-100 points move from the day on which the buy signal came,and that is 10-12% move It pays to track sequential on various stocks.

Smart_trade

 

[singsanjay09]

ST Sir,today's nifty long was above 12.12 (open time) bar high?

 

[rishkesh]

shorting also doesn't work always , based on the jet fuel price hike news I shorted jet airways , don't know why this stock just zooned to the levels of 364 from 347.

 

[praveen taneja]

Bhai, I post what I see in the chart, irrespective of what Modiji is saying or what was FMs explanations.
Sometime it is very clear on charts for gap up or gap down openings in next session.
What I use to post is my chart reading and I reserve my rights to be wrong.

Bhai chart reading k liye dimaag chahiye wo apne paas hai nahin thats why depend on tukka most of time it work and sometime dont problem is that sometime eat profit of that most of time
Jai Ram Ji KI

 

[newuser_RK]

I had mentioned in this thread that Bajaj Finance has given a sequential buy signal 2days ago at that time.The price was 800-820 on that day...today it closed at 870.

It has given a 80-100 points move from the day on which the buy signal came,and that is 10-12% move It pays to track sequential on various stocks.

Smart_trade

Dada is there a way to track sequential other then using ami AFL?

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