Day Trading Stocks & Futures

manny.here

Well-Known Member
Old chart but shows how much recapitilisation money is being wasted in recent times.. itana to 2008 ke economic crash me bhi nahi laga..

p.s. below figures include upto 2018.

The finance ministry has infused Rs 1.06 lakh crore as recap bonds during 2018-19, up from budget estimates of Rs 65,000 crore. source (https://www.moneycontrol.com/news/b...mplete-no-fiscal-support-in-fy20-3464871.html )

All these 3.6 Lakh crore and still no economy boost.. Petrol tax se bacha paisa sab PSU banks' par luta diya...

Wow, you get info like in snap of a figure . Awesome.
 

john302928

Well-Known Member
We need to be cautious on Engineers India and Dabur India. These 2 will be next nightmare for investors based on my analysis.
Dabur India currently trading @ 407.3 might produce 7-10% upside but that might be the final trap for investors and after that stock will be well set to bleed. This is just my view and I could be wrong. Below is tentative count of Dabur India. 350 / 314 are initial levels that can be expected on the downside and further 260 can be expected and later more based on the progress. Because I feel the tops formed are some sort of serious ones.
1562323875009.png


Engineers India currently trading around 113.65 and i feel it might go below 80 (and much more) within few days to weeks

1562324063694.png

In both the charts 12345 is just a label . so it could just become abc instead of 123. But the point is that we need to focus on the direction of the trend.
Just be safe. This is just my view based on my analysis. Not a recommendation.
 

john302928

Well-Known Member
@john302928 you track Idea Vodafone also. any updated view
This stock can start upmove and double in 2-3 years but dont know if bottom is done .or its waiting to test below 10 levels
Yes I do track vodafone Idea.Infact I have been tracking it closely for few months now.Its been disappointing because of wave extensions in wave C in the longterm on the downside. But till now I couldnt find any concrete reversal sign. I feel 19 jun low is some sort of serious low in the lower time frame. But need to wait for few more days to weeks to see that that low is actually a low or not for longterm reversal. There is a divergence in place. Hopefully reversal coming.lets see. But I just keep an option open for another 30-50% down from 12rs todays price. But if it breaks above yesterdays high ie 13.1 then I might gain bit more confidence on the below counts. Lets see
1562324925420.png

1562325110582.png
 

john302928

Well-Known Member
KRBL 20% lower circuit.

The Exchange has sought clarification from KRBL Ltd on July 5, 2019, with reference to news appeared in www.business-standard.com dated July 5, 2019 quoting "ED attaches properties worth Rs 15.32 crore in connection with 2008 Embraer deal case"
KRBL is a wonderful stock to avoid in my point of view. 200 and 150 are on its way. God bless investors
 

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