General Trading Chat

Market’s first sincere reaction on news (bad?). Otherwise it had absorbed other bad news easily like Trade War’s news, NPA’s news without trying to give correction in last 15-20 days. Lets see whats happening next.

BAJFINANCE FUT has completed 9-13-9. Tom result day for Bajfinance.

Simple Trader
 

lemondew

Well-Known Member
My take on nifty . if there is selling from here then we might see new lows. If again we break todays highs then no selling strength. Till we break the highs I am not convinced of the bulls

Market’s first sincere reaction on news (bad?). Otherwise it had absorbed other bad news easily like Trade War’s news, NPA’s news without trying to give correction in last 15-20 days. Lets see whats happening next.

BAJFINANCE FUT has completed 9-13-9. Tom result day for Bajfinance.

Simple Trader
 

vivektrader

In persuit of financial independence.
Bought few more Bajaj finance in correction.
Vivek
There was very quick recovery on all three stocks BajFin, BajFinsrv and Kotakbank.
I'm not even sure if BajFinsrv results were even out, maybe just effect from the other.
only able to trade in one counter :)

Overall results are ok.
Its a result day phenomenon for Bajaj twins (profit booking etc.), they correct sharply but briefly, was 5% down for few minutes, time to grab.

Vivek
 
@ ST Sir,
I had started investing in mutual funds via SIP since Nov'17. Looks like i started at wrong time :), most of my investments were in small cap funds. As of today it has returned -10.6%. Any view on when we will start seeing some positivity in small caps.
 
@ ST Sir,
I had started investing in mutual funds via SIP since Nov'17. Looks like i started at wrong time :), most of my investments were in small cap funds. As of today it has returned -10.6%. Any view on when we will start seeing some positivity in small caps.
Small cap funds are volatile...they can also give 60-70 % in a year .In 2017, the small and mid cap funds had given more than 40 % in a year on average, and now they are correcting those excesses. So just continue adding to your investment every month.

I expect that the market will remain down for next 5-6 months max...after that it has to pick up and go to new highs.The small and mid cap funds will have pain for some more time but they will give the largest returns in next 3-5 years.Invest through SIP which will average your cost of acquisition.

Smart_trade
 
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