Yes average all the way down to 200, correct Sagi?
HI Ratan,
I am clear about my targets for this stock , may be the time frame has been not met with;
You may be sarcastic for a while; no problem: But I would like you to know how the stock market plays the game.But I am sure You know the ways of the stock market.
The weak hands are being shaken off by powerful Institutions / big brokers so that they can accumulate this strong stock.. I know their methods too well to be embarrassed by your comments.
Assuming that the pivot is 309 , and if the stock is beaten down by powerful institutions to shake off the weak hands , and assuming that it goes to Rs 200as you say, then the stock will bounce back to (309-200) + 309 =that is 418. In which case the Institutions/powerful brokers , having bought it Your price of Rs 200. would be laughing at you because , they get their stock almost free.
That is why I never put stop loss, in case of fundamentally good stocks . And I have written to small investors to hold the stock without panic considering the purchase as investments and if they follow me , they will not be hurt in the end.. I have also given the rationale of my way of playing the game of stock market in some other thread.
But ratan , if u have no confidence in my calls, still YOU can make money; by taking action by short selling this stock which is opposite of the direction of my call for this stock You can short this stock for your 200 and enjoy. what do you say?
sagi
I am clear about my targets for this stock , may be the time frame has been not met with;