Intraday calls

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n_arvind2000

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N. Korea fires artillery shells on S. Korea. Nifty slips below 5900 on back of tension mounting in Korea. South Korea Government has called an emergency Security Ministry meeting, reports CNBC-TV18 quoting agencies. South Korea Military says the country is on highest non-war time alert. At least 200 artillery shells hit South Korean islands. South Korea President Office says that North Korea artillery fire is in response to South drills. :(
 

n_arvind2000

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thats the obvious in this bear market..
better to stay away from markets till jan... unless ur good at shorting.. :)
Prstji i agree..
If war like situation arise in Korean peninsula..then we will dig deeper...
But if tension withers away..with mutual talks/US as mediator.. then this could be one off fall...

I hope this is one off fall. But if u see for the past few days.. net-net we are on the downside... :(
 

n_arvind2000

Well-Known Member
Arvind Bhai, I have exited all my positions today.Whether i should buy back all that or stay away.Pls give ur suggestion.
Swaroop - we have corrected from 21k odd levels to 19500-19600 nearly 7% fall. It is time to pick stocks in staggered manner...
I mean buy 15-20% of your stocks at every falls... which will average your portfolio and negate loss. And ride the rally when upside begins....

Most important thing..give more time...for the stocks.. once you are @ 25-40% gains..then look for part selling or full exit of a particular stock and enter another stock with profits...:thumb:
 
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