General Trading Chat

[cinderblock]

Everyone need not buy 300 Cr building.Enam has started a university of their own...

But I don't find what is so amusing that made you laugh so much....laughing at their success?

ST

Why cant I laugh at their success?

Most things in life amuse me. Some people frown at everything. I amuse myself!

 

[oldtrader]

Dear ST Sir,
I have a small query on mutual funds. Would like to know whether ELSS mutual funds have any lock in period. For example--- HDFC TaxSaver - Direct Plan - Growth---. I am seeing that all these ELSS funds have zero exit load , that is why I was thinking whether we have to stay in the fund for some fixed tenure of time or can exit anytime. Earlier I had purchased some fund which was having TAX in its name, I was stuck with it for 3 years, as it had a lock in period of 3 years. So whenever I see TAX in the name of the fund I get this doubt.

 

[Smart_trade]

Dear ST Sir,
I have a small query on mutual funds. Would like to know whether ELSS mutual funds have any lock in period. For example--- HDFC TaxSaver - Direct Plan - Growth---. I am seeing that all these ELSS funds have zero exit load , that is why I was thinking whether we have to stay in the fund for some fixed tenure of time or can exit anytime. Earlier I had purchased some fund which was having TAX in its name, I was stuck with it for 3 years, as it had a lock in period of 3 years. So whenever I see TAX in the name of the fund I get this doubt.

All ELSS funds have a lock in of 3 years irrespective of whhether the fund has "tax " in its name or not....Motilal Oswal ELSS
fund neither has Tax in its name nor ELSS ...but every ELSS fund has mandatory 3 yrs lock in.Most non ELSS equity funds have zero exit load after 1 year.

ST

 

[traderniftybull]

Hold/save 377
Get 455

Right naa !!!!!

 

[traderniftybull]

Hold/save 550
Get 677

Right na !!!!!

 

[timepass]

TaMo came out with their results. JLR did good but the rest was so-so. The brokerages seem bullish on it. Maybe this news will make it better.

Tata Motors cuts up to 1,500 managerial jobs

http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

But who knows how does the market react to the results. So tomorrow may not be the best to trade this scrip.

 

[XRAY27]

Fundamentals and charts

 

[Smart_trade]

Fundamentals and charts

Bruce Kovner is a commodities trader.He started with legendary "commodities corporation "which is a pure trading firm. He is not an investor like Warren Buffet. So his quote should be understood with reference to trading....

Smart_trade

 

[XRAY27]

Bruce Kovner is a commodities trader.He started with legendary "commodities corporation "which is a pure trading firm. He is not an investor like Warren Buffet. So his quote should be understood with reference to trading....

Smart_trade

Da !!!

This quote is universal, by the way i know the fun -da -mental theories ... carry on the buffet way !!! , no where people know what exactly buffet does, RJ,Ram dev also watches charts..

 

[Smart_trade]

Da !!!

This quote is universal, by the way i know the fun -da -mental theories ... carry on the buffet way !!!

Thanks, I thought you being a CA you will understand the importance of fundamentals in investing.Do you sell and buy your investments based on the charts or you buy them on fundamentals and hold for a few years.?

Trading and investing are two entirely different games needing different mindsets and different rules....anyways..no point in these arguments...

Smart_trade