cement stocks

#1
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.
 
C

CreditViolet

Guest
#2
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 :D :D
 
#4
Made an absolute fortune in the 'cement meltdown', so I am rather happy with the govt :D :D
i suffered the biggest loss with guj ambuja cement in intraday, lost around 17000 :eek: 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.
 
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vince

Active Member
#5
i suffered the biggest loss with guj ambuja cement in intraday, lost around 17000 :eek: 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.
 
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uasish

Guest
#8
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
 
#9
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.
 
#10
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.:eek: 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
 
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