General Trading Chat

[john302928]

View attachment 28858
Posted Nifty weekly chart on Fyers charting.

Smart_trade

Smart trade bro, I am not sure if you noticed something wrong in your chart. You chart has few months of data missing from 2018 beginning to till now.Please check again

 

[Smart_trade]

Smart trade bro, I am not sure if you noticed something wrong in your chart. You chart has few months of data missing from 2018 beginning to till now.Please check again
View attachment 28863

Yes, FYERS has missed some data and charts area...

 

[cinderblock]

Should have withdrawn Yes Bank FD and used it as margin to short Yes bank

Would have made for a good story. Chalo koi nahi.

 

[john302928]

Be cautious on JNSP. Jindal steel & Power cmp 214.6 and it might fall below 170-160 in soon.This is just my view View attachment 28846
Stay cautious on Tatamotors as well. I am not yet quite sure whether it will crash or not but momentum is strongly down good chances of 50% correction from cmp zone of 228.This is just my personal view based on my analysis and I could be wrong as well.

Its in a hurry, stock crashed and made a low of 185 so far. Phew!

 

[vikas2131]

NIFTY MIDCAP -2.34% favouring break of 2009 trendline support & H&S

St da you could see yourself much bigger connection is going to happen than anyone is anticipating at this time.

 

[phoenixbird]

Importance of Asset Allocation in investing.

Asset allocation is very important in investments. Though there are many asset classes we will consider equity and debt here.Markets never go up in a straight line and it takes a path of rallies and declines. From time to time the equity markets become stretched and it still keeps going up. In such a time we have to take help of asset allocation.At this point we have to ask a question that though we dont know when the market tops out but will the market at this level likely to give a 1 year forward return of over 8-10 % and if the answer is negative we have to book profits and move into debts. If not all the portfolio atleast 40-50 % of the portfolio needs to be booked and moved into debt mutual fund which will earn some returns while the money stays there and that will come handy when the market corrects and return to mean or go below it.

As of today we are still expensive and the market needs to shed 5 to 7 more % to become attractive to buy. Some stocks are coming in buy zones as they have had large retracements.

The above can be achieved by either traders judgement or by a process driven approach of PE and price to book.....process driven approach does not take into account improving fundamentals such as growth coming back etc....so the combination of process and judgement works the best.....it helps in protecting the wealth plus gives comfort to the investor.

Same holds good on downside also.....below the average valuations we should be buying and deploying our money and converting our debt holding into equity.....

Smart_trade

Sir,

what about continuation of SIP's in this complex scenario?

Thanks

 

[vivektrader]

I expect this correction to be a complex correction ( because 2nd wave was simple ) so dont get fooled with some upmoves......the bottom will take much more time to form....( this is for keeping in the mind for me ... )

Smart_trade

The last line in brackets, you talking to yourself, that's rare. Very common with me.

Vivek

 

[john302928]

Alert:IFCI, My personal view and I could be wrong as well
Stock likely to make historic low, I am not sure this will lead to bankrupt or not. fall cant be stopped.previous historic low was 2.45 or something and currently it is around 11.85. we are likely looking at deep hole

 

[john302928]

The last line in brackets, you talking to yourself, that's rare. Very common with me.

Vivek

That shows how clear in he is in his goal. superior and must needed quality to be an investor!

 

[dineshN]

This is Divis Lab. Looks to me it is setting a trap for bulls and might crash to 1081 about 20% from current zone. I have not yet got the confirmation. but it looks like getting ready the scenario.If it makes a new high then we may have to modify the count little bit along with target expectation.I will try to update if possible

Update on 28 sep 2018 @ 9.39am. looks like crash has started in this stock

Spot on! Exited all and booked profit!!