Day Trading Stocks & Futures

A very large property developer ( Evergrande) company from China is in financial trouble. It is unable to honour its financial committments. It is unable to sell its assets and offices in Hong kong as there are no buyers. These events may have effects in other financial markets.

Chinese Govt should import few Indians...all its property stock will be sold at high valuations :D.
In 50 years ..... China can go USSR way ..... or its economy like Japan ....

It has pumped too much investment in Belt n Road Project .....whose viability is Questionable .....

..... So far noone from China has presented its Cost-Benefit Data Analysis ..... and in China ..... Noone can raise questions on Xi Jinping's Decisions.
 
NIFTY MEDIA INDEX ...............

What has happened to it today .....

its UP 12% + in single day ....... that is ......TODAY

Edit: OK Zee Entertainment UP 33% Today
IMG_20210915_122539.jpg
 
So ....

1. Zomato raises $1.3 bn via IPO

2. 1 month later Anchor investors book out

3. 2 months later the COO quits & the grocery delivery biz is closed

Tell me folks, what should we make of it ?
 
So ....

1. Zomato raises $1.3 bn via IPO

2. 1 month later Anchor investors book out

3. 2 months later the COO quits & the grocery delivery biz is closed

Tell me folks, what should we make of it ?
it how business is being conducted as long as its legal and even after finding the loophole also. everybody is in for money
 
following stocks are in constructive positions for swing long trades:-
ACC
MPHASIS
BAJFINANC
HDFCLIFE
GMRINFRA
ICICIPRULI
PUNJABCHEM
MPHASIS
HDFCLIFE
GMRINFRA
PUNJABCHEM

all the above have been triggered yday. GMR & Mphasis are are going strong rest sl is still intact
 

Nish

Well-Known Member
A very large property developer ( Evergrande) company from China is in financial trouble. It is unable to honour its financial committments. It is unable to sell its assets and offices in Hong kong as there are no buyers. These events may have effects in other financial markets.

Chinese Govt should import few Indians...all its property stock will be sold at high valuations :D.
Not there only, the whole world economy is standing on a cliff ! ... Global Central Banks may be studying precautionary measures ! ... Just a thought ! :)
 

brokenbull

Well-Known Member
Not there only, the whole world economy is standing on a cliff ! ... Global Central Banks may be studying precautionary measures ! ... Just a thought ! :)
Evergrande is a behemoth that has told the banks & suppliers not to expect any interest or any payment any time soon.
Debt denominated in the US dollar have to be 100% sacrificed (US hedge funds) . (total minimum 200 billion $ unpaid debt)
An even bigger problem than Evergrande is Huarong and Pingan Insurance which are two ticking time bombs.
Pingan Insurance is way bigger than Evergrande and Huarong combined.
Evergrande US$ bonds are selling at 25 cents on the $ in Hong kong.
Iron ore has collapsed as china consumes 50% of world ore production.

Unlike Iron ore& to a certain degree steel, Copper & Aluminium,Coal are still going up.
Lehman moment is coming soon. Today Macau casino stocks dropped by 30%. .S&P can drop 5% any time during their night time in thin trading.
PPT (Plunge Protection Team) is keeping the lid on the US apacolaypse by bidding ES at the right support levels)

1631711041392.png
 
Nifty 17576 - not bad bit shy of our finale of 600- 800... will go back to drawing board and see if we whats next.

Pharma sector always given me grief lets see

Hold
=====
Jindal
BajajAuto
Reliance
GODIND
IBUL -
BPCL
Ceat

Booked
==========
Indus Booked its on a rampage today
Adani Booked today
Tatamotors offloaded 40%

Airtel - Booked - On rampage should have waited booked early
ITC - 50% booked (Stock keeps giving dividends) - On rampage should have waited booked early


Addition
======
PEL (nearing breakout - chart looks tempting trend line breakout near. Again a suggestion by an excellent chartist he deserves the credit) Yet to enter

Respectfully

Update

5 days lows for NIFTY spot ==> 17287 , 17254 , 17302, 17269, 17367.
High of 17438 kissed twice - interesting

<Cool spot low made 17254 against my punt of 17260 two days back and bounced :cooll: >

Hold
=====
Jindal (Part Booked)
BajajAuto - hold
Reliance Hold
Adani Hold - chart looking good need some volumes fingers crossed
Indus ind will book shortly - resistance nearing by me
Tatamotors will offload 30% if I get an upmove tomorrow. Had entered when it tanked
IBUL - showed nice strength fingers crossed will book if move continue to our satisfaction (Lady bird recommendation)
BPCL ( staying strong dividends play of 55+ odd inr/stock :DD )
Ceat - showed some moves


Booked
==========
Maruti - Booked. Reducing auto exposure a bit
Airtel - Booked
ITC - 50% booked (Stock keeps giving dividends)


Addition
======
GODIND ( My friends pick - Lady bird)
PEL (nearing breakout - chart looks tempting trend line breakout near. Again a suggestion by an excellent chartist he deserves the credit) Yet to enter


All these chartist have taught me one thing - sector rotation. I am yet to learn that aspect

These are not recommendations. I pen my thoughts and picks and of-course with some guidance from well wishers

Respectfully,
 

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