Day Trading Stocks & Futures

if one has bought good stocks by march 2009, he/she could be multimillionaire today.
My dad bought Baj Finance at 7 rs and sold them off in the mid 40s or 50s thinking he made a massive profit. Now imagine if he was holding it all still??
 

Raj232

Well-Known Member
Just 30 mins ago .. there was a breakout.. which did not sustain ... now its down 60 points from the highs :)

... actually the downside has just started.. (as per me) ..
Nifty got support @ 11020 Spot and Banknifty somewhere around 27900 spot .. (intraday) .. after that it might bounce from there..
but in coming days direction is risky as volatility will be high ..:)
 
Imagine plight of people who bought Rcom at 500, R infra at 2500. They would be losing in scripts they bought and scripts they would have bought which went up multiple times
Completely. And the sunk cost bias also kicks in making it extremely difficult to wriggle out of it.
 
Imagine plight of people who bought Rcom at 500, R infra at 2500. They would be losing in scripts they bought and scripts they would have bought which went up multiple times
Earnings of companies like RCom and R Infra kept dwindling continuously and that of Bajaj Finance kept going up year by year every year...and that is why RCom is RCom and Bajaj Finance or HDFC Bank are what they are. There is no secret that Rcom went down and Bajaj Finance went through the roof....not luck or chance or any lip service but pure earnings growth make a company do well or bite the dust.

Smart_trade
 

Similar threads