Trading with PT style

[prst]

today morning, markets were deep in red..
all the "jokers" of cnbc and et now were telling to go short.

 

[TheDreamer]

...

Money control pe koi big FA guys ka tthink tank infosys ki future projection 165 per share ke asspaas de raha tha kuch din pehale... kya khride koi.

OMG!!! someone has mistaken EPS or earning/profit per share with price per share... Infosys' projected EPS for this financial year is around 160-165... so keeping a multiple of 15X, it's fair price can be estimated at around 2400... I think that's the statement of the FA guy...

BTW, retail sector in India is the most lucrative of all the growing businesses in India. It's highly unorganised... hence better chance of penetrating... all the big houses in retail are bleeding these days... but still the cashflow is fluid and not lumpy like other businesses...

 

[spiritunit]

today morning, markets were deep in red..
all the "jokers" of cnbc and et now were telling to go short.

Then, we have to take the opposite position

 

[TheDreamer]

today morning, markets were deep in red..
all the "jokers" of cnbc and et now were telling to go short.

Prashant,

Will you please name the jokers on CNBC-TV18 who told people to go short?

I am taking one name - Sudarshan Sukhani... he told to go short if market stays below the 1st hour low... now this is a valid trading set up...
again 5050 was a valid point to add short if market bursts up suddenly... but as a trader shall not we keep a stop-loss as per our risk appetite?

 

[timepass]

Prashant,

Will you please name the jokers on CNBC-TV18 who told people to go short?

I am taking one name - Sudarshan Sukhani... he told to go short if market stays below the 1st hour low... now this is a valid trading set up...
again 5050 was a valid point to add short if market bursts up suddenly... but as a trader shall not we keep a stop-loss as per our risk appetite?

In the morning Sukani said that he was carrying only 20% of his shorts, having squared off the rest on Friday itself; and that he wasn't going to add.

 

[prst]

Prashant,

Will you please name the jokers on CNBC-TV18 who told people to go short?

I am taking one name - Sudarshan Sukhani... he told to go short if market stays below the 1st hour low... now this is a valid trading set up...
again 5050 was a valid point to add short if market bursts up suddenly... but as a trader shall not we keep a stop-loss as per our risk appetite?

one guy was an tech analyst from sharekhan, and other was a senior guy.

 

[avad]

The thing about an analyzer is he analyzes...if the trades goes in his direction he considers himself good and people also consider him as good. But if his call is wrong he will find some reason as to tell why his trade went wrong...The reason(according to them) may be because of the govt. policy...some support or resistance level..but they always find a reason.

 

[prst]

Then, we have to take the opposite position

thats true really..

i had bought gitanjali at 330.
then it went down to 300.
again came to 315. now analysts like as***** and others started giving buy calls.
I got really scared..
next day, it started going down ..

 

[avad]

today morning, markets were deep in red..
all the "jokers" of cnbc and et now were telling to go short.

In all seriousness i would not consider these people as jokers...many people lose their money because of such idiots.

 

[Stock trendy]

I am new to this forum and I went through valuable useful discussions
I wish i could share some of my views.
Silver peek of 49.5 APL. 2011 and down to 26 Dec.2011 and finding support
there .
Trading range 29.5/32.5/34.5
30.80 and 31.70 are res. area unless 32 price is taken over the trend is down
am i correct..

above message posted on 4th May
Silver price Feb. low 28.5 could be retraced