Discussion in 'General Trading & Investing Chat' started by timepass, Nov 24, 2014.
Today is all over the place. Nifty spot fighting for 8500, bank nifty defending 18100.
See BankIndia.. it broke its bottom and then the top in 15 min.. then made another high. Looks like it's in a mood for 285
BTW, what is the business of JP associates ? Is it metals ?
jpa is infra sector
JP group has a vast line of action
Construction, power, infrastructure etc etc (previously cement also but they sell it off)
But AFAIK not metal
Nifty PE Ratio on 21-11-2014
Date P/E --- P/B ---Div Yield
21-Nov-2014 21.70 --- 3.58 --- 1.25
hmm... metal is up today because of the china stimulus.. infra should be up because of some SC judgement.. but JPA isn't doing much so far.
IMO, BNF heading towards 18270 again, may take a dip in between upmove.
JP group is not a very good group for investors.
Many call it a chor group
They have a huge huge debt.
Thanks TP for opening a general chit chat thread ...:thumb::thumb:
for the fighters ( by whom these type of threads ultimately getting closed )
please spare this thread ..
As buddha said ,,,getting angry is like holding a fire ball to throw on others ..
It destroy you first before you throw ...
BankIndia going higher high every few minutes.
I bought HDFC 930 CE @ 9.75 2 lots for intraday. Was that exact low of the day. Happy got in it.
Bought Tatamotors 550 CE @ 1.20 1 lot for intraday. Now it is in 1.40.
Overall I am LONG side today. No shorts.
P.s Jpassociat is cements company . Jp group has other companies too like jpinfra, jppower etc.
Separate names with a comma.