Playing since 2005 lost 13+3 lakhs

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stock72

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If I trading like before may be I would have acted as u said. My taught is more or less similar to your reply . but what to do ... I must follow the system and any violation will result is losing my left hand small finger.



When u entered long position previously, U should have waited. Thats the place u should hold. But u exited. Now, market has come to the place where stiff resistance occurs. But u are tempted to go for long.

Every party is opposing govt's move. so, high probability of withdrawing some measures. 25 pts reduction in crr is not big one.

In my view, coming days will see correction. On 20th, nationwide strike is there. Mamtha is threatening the govt.

Even oil cos like bpcl, hindpetro are coming down which shows, diesel price may be reduced. Even fdi in retail may be deferred for some more time. Then, stocks like pantaloon will will see downward correction

So, u should have waited some more time.
 

manojborle

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U have taken right decision now. On thursday, market will fall atleast 200 pts. because of mamta's decision to withdraw support. u are saved
I think 200 points is too optimistic, but The GAP formed on 14 september should be targetted.
Holding 57 pe bought @ 104 and 5300 call sold @ 277 and 55 pe bought @ 29

200 points down and I am in huge profit, chalo will see what happens then
 

stock72

Well-Known Member
I think 200 points is too optimistic, but The GAP formed on 14 september should be targetted.
Holding 57 pe bought @ 104 and 5300 call sold @ 277 and 55 pe bought @ 29

200 points down and I am in huge profit, chalo will see what happens then
me too thinking --- 200 point is too much .. further any twisted political statement from politicians will nullify the effect or even ending going up.....
 
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