Traderji.com - Discussion forum for Stocks Commodities & Forex

cement stocks

Discuss cement stocks at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Last week ther is massive selling in cement stocks ,all the stocks are beaten down ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Equities

Notices

Equities Discuss & analyse stock market news, views, trends and your favourite stocks here.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 10th March 2007, 11:25 PM
Member
 
Join Date: Feb 2007
Posts: 35
Thanks: 0
Thanked 0 Times in 0 Posts
rkthomas is on a distinguished road
Reputation: 20
Red face cement stocks

Last week ther is massive selling in cement stocks ,all the stocks are beaten down very much .What happend last week arises many questions,what is the role of govt in a market driven economy?is it fair from govts part to ask cement cos to cut prices? after all once the supply demand mismatch over the prices will normally comedown.Is any body in this country (politicians)cared about stock markets? if they r,then tey will not behave like this.What will happen to a normal investor who put his money in ACC or GACL in anticipation of a good return half of his money went away.Fiis can sell their share and leave ,but what about a normal investor who put 50000 bucks in a cement stock.Is the normal investors of this country paying for some foolish decision by govt,what message this will send to fiis ,we cant blame them if they think we are a banana republic where ministers will decide the price of cement and sugar.Then comes the imp question is there any value left in cement stocks? is it a good decision to accumulate cement stocks? is the faith of cement companies the same as thatof sugar? pls help me ,i cant understand the rationale behind these things.
Reply With Quote
  #2  
Old 10th March 2007, 11:47 PM
Member
 
Join Date: Jul 2004
Location: Retireville
Posts: 1,646
Blog Entries: 1
Thanks: 32
Thanked 189 Times in 62 Posts
CreditViolet has a spectacular aura aboutCreditViolet has a spectacular aura aboutCreditViolet has a spectacular aura about
Reputation: 246
Default Re: cement stocks

Quote:
Originally Posted by rkthomas View Post
Last week ther is massive selling in cement stocks ,all the stocks are beaten down very much .What happend last week arises many questions,what is the role of govt in a market driven economy?is it fair from govts part to ask cement cos to cut prices? after all once the supply demand mismatch over the prices will normally comedown.Is any body in this country (politicians)cared about stock markets? if they r,then tey will not behave like this.What will happen to a normal investor who put his money in ACC or GACL in anticipation of a good return half of his money went away.Fiis can sell their share and leave ,but what about a normal investor who put 50000 bucks in a cement stock.Is the normal investors of this country paying for some foolish decision by govt,what message this will send to fiis ,we cant blame them if they think we are a banana republic where ministers will decide the price of cement and sugar.Then comes the imp question is there any value left in cement stocks? is it a good decision to accumulate cement stocks? is the faith of cement companies the same as thatof sugar? pls help me ,i cant understand the rationale behind these things.
Made an absolute fortune in the 'cement meltdown', so I am rather happy with the govt
Reply With Quote
  #3  
Old 11th March 2007, 12:23 AM
Member
 
Join Date: Oct 2005
Location: Still Locating
Posts: 806
Thanks: 7
Thanked 6 Times in 4 Posts
amitt29 will become famous soon enough
Reputation: 58
Default Re: cement stocks

Quote:
Originally Posted by CreditViolet View Post
Made an absolute fortune in the 'cement meltdown', so I am rather happy with the govt
Hahahahaha CV
Reply With Quote
  #4  
Old 11th March 2007, 05:44 AM
Member
 
Join Date: Jan 2007
Posts: 170
Thanks: 0
Thanked 0 Times in 0 Posts
innocent_trader is on a distinguished road
Reputation: 20
Default Re: cement stocks

Quote:
Originally Posted by CreditViolet View Post
Made an absolute fortune in the 'cement meltdown', so I am rather happy with the govt
i suffered the biggest loss with guj ambuja cement in intraday, lost around 17000 almost forgot that these big controversial stocks are not good for intraday, still gotta learn from my mistakes as a beginner, will try not to repeat them in the future.

Last edited by innocent_trader; 11th March 2007 at 05:51 AM.
Reply With Quote
  #5  
Old 11th March 2007, 07:33 AM
Member
 
Join Date: Jun 2005
Location: mumbai
Posts: 434
Thanks: 0
Thanked 1 Time in 1 Post
vince is on a distinguished road
Reputation: 21
Default Re: cement stocks

Quote:
Originally Posted by innocent_trader View Post
i suffered the biggest loss with guj ambuja cement in intraday, lost around 17000 almost forgot that these big controversial stocks are not good for intraday, still gotta learn from my mistakes as a beginner, will try not to repeat them in the future.
IMHO for intraday, its not the stock , its your technique you should concentrate on.

If you had that right , you would have been on the right side of the trade.
Reply With Quote
  #6  
Old 11th March 2007, 07:49 AM
Member
 
Join Date: Jan 2007
Posts: 170
Thanks: 0
Thanked 0 Times in 0 Posts
innocent_trader is on a distinguished road
Reputation: 20
Default Re: cement stocks

Quote:
Originally Posted by vince View Post
IMHO for intraday, its not the stock , its your technique you should concentrate on.

If you had that right , you would have been on the right side of the trade.
hi vince,
plz let me know what techinque should i use in intraday?

regards
Reply With Quote
  #7  
Old 11th March 2007, 09:55 AM
Member
 
Join Date: Sep 2006
Location: Hyderabad
Posts: 165
Thanks: 0
Thanked 0 Times in 0 Posts
toxicexpulsion is on a distinguished road
Reputation: 20
Default Re: cement stocks

cement still looks very very attractive. just wait and watch for year ending results... the stocks will zip zap and zoom... lol
Reply With Quote
  #8  
Old 11th March 2007, 01:16 PM
Moderator
 
Join Date: Nov 2005
Posts: 9,394
Thanks: 556
Thanked 1,138 Times in 482 Posts
uasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud of
Reputation: 1210
Default Re: cement stocks

Quote:
Originally Posted by innocent_trader View Post
hi vince,
plz let me know what techinque should i use in intraday?

regards
innocent_trader,
Your frankness in admitting your loss,is noteworthy.However Guj Ambuja
has less delivery vol (this fig you will find in ET in the lower part of the page
giving mkt reports).Those stocks in Nifty having relatively less Del.Vol does
indicate being Intraday stocks.Regarding having an understanding of the
directional movement of a particular stock on a particular day from a probable
price zone is very difficult to anticipate,almost impossible for 95% of our
forum members.Dont worry everybody of us are in that 95%,plz try to avoid
intraday.

Asish
Reply With Quote
  #9  
Old 11th March 2007, 02:47 PM
Member
 
Join Date: Feb 2007
Posts: 35
Thanks: 0
Thanked 0 Times in 0 Posts
rkthomas is on a distinguished road
Reputation: 20
Default Re: cement stocks

thanks for all comments.but friends this is not something regarding an acc or gacl ,that losses we can make it in sometime.this is a much bigger thing ,the most shameful thing is the way in which govt behaves in this entire thing.my question is what message this will gave to the international investors ,if some fii pulls out his money from this mkt what will happend to us ,we have seen the effect of fiis pulling back last 2 months.i dont thing our mkt can afford any more pullback by fiis.if govt have little concern abt stock mkt hey will not behave like this.
Reply With Quote
  #10  
Old 11th March 2007, 03:31 PM
Member
 
Join Date: Jan 2007
Posts: 170
Thanks: 0
Thanked 0 Times in 0 Posts
innocent_trader is on a distinguished road
Reputation: 20
Default Re: cement stocks

Quote:
Originally Posted by uasish View Post
innocent_trader,
Your frankness in admitting your loss,is noteworthy.However Guj Ambuja
has less delivery vol (this fig you will find in ET in the lower part of the page
giving mkt reports).Those stocks in Nifty having relatively less Del.Vol does
indicate being Intraday stocks.Regarding having an understanding of the
directional movement of a particular stock on a particular day from a probable
price zone is very difficult to anticipate,almost impossible for 95% of our
forum members.Dont worry everybody of us are in that 95%,plz try to avoid
intraday.

Asish
hi asish,
thanks for your kind and informative words, i myself never thought about doing intraday before i signed up with indiabulls, i still remember very well that when i decided of getting in the stock market, i didn't know and never thought about intraday, it was only when my net admin told me that he's into day trading and he easily makes a few hundred rupees everyday with a capital of less than 50000, so i thought why not give it a try and so i got into intraday, but a couple of weeks later the same net admin told me that he quit trading cause he suffered from heavy losses of around 35000, i thought maybe he's lying cause he doesn't want me to make money like him. now i think he was telling the truth. i know it's really the greed cause of which i started day trading, but now i think that i'll stop day trading and will go with swing trading. i hope im making the right decision. plz let me know if there's any special technique i need to know for swing trading.

regards

Last edited by innocent_trader; 11th March 2007 at 03:36 PM.
Reply With Quote
Sponsored Links

Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: cement stocks
Thread Thread Starter Forum Replies Last Post
Cement stocks: Betting on Q2 nos Robbie Current Affairs 0 27th September 2006 02:42 AM
Cement stocks billauday Equities 9 17th April 2005 12:47 AM
Low priced multi bagger cement stocks Traderji Equities 6 1st September 2004 02:10 PM


All times are GMT +5.5. The time now is 05:44 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com