SG, I am totally bewildered on Tata Steel. Such excellent numbers and yet such a poor show today! Is there an opportunity to capitalize here? Please do tell. Thanks.
SG, I am totally bewildered on Tata Steel. Such excellent numbers and yet such a poor show today! Is there an opportunity to capitalize here? Please do tell. Thanks.
SM... this how the small traders are taken for a ride....
Market dips....for 2 days.... and then pulls... on the dip small guys cash out... everybody says Buy on Dip... and the market actually goes even higher... same thing is repeated where only a few get in... and the ones who are out still are proved wrong... third time... there are some who join the gang of Buy on Dip... while the earlier brave ones end up buying Double on dips....this goes for a while.....and when market really becomes heavy and then DIPS.... 90% are buying even more than previously having witnessed the sharp pullback which was higher...and then there will be a DIP....More DIP & Even Bigger DIP......that is how retail traders get trapped.... & No Pullback... & that point of time... first margin trading gets liquidated... then Margin calls on... so on & so forth.....
TS was subdued today... inspite of excellent results...in my opinion very well orchestrated... by Pinstripes & Channels.... endlessly talking about how Copper was down ... & then they flashed HINDZINC which was down 2% at that point.... so basically it was fear of Chinese Interest Rate hike... which kept the base Metals Including Steel....in check... and now that smart boys have accumulated.... you will see some good upmove in the next few trading sessions in Base Metal scrips & Ferrous as well.....
SG, I am totally bewildered on Tata Steel. Such excellent numbers and yet such a poor show today! Is there an opportunity to capitalize here? Please do tell. Thanks.
After having started Chapter-II...was contemplating...naming this one as Caf Stocks....... was deterred only by 'No Smoking Zone' so had to leave my Hookah behind....and with that the Re-naming ceremony
TS was subdued today... inspite of excellent results...in my opinion very well orchestrated... by Pinstripes & Channels.... endlessly talking about how Copper was down ... & then they flashed HINDZINC which was down 2% at that point.... so basically it was fear of Chinese Interest Rate hike... which kept the base Metals Including Steel....in check... and now that smart boys have accumulated.... you will see some good upmove in the next few trading sessions in Base Metal scrips & Ferrous as well.....
SG, is it safe to buy Tata Steel for delivery or should we buy some futures or should we short some puts or should we do nothing cause markets are uncertain.....I am confused