Day Trading Stocks & Futures

AJK

Well-Known Member
Joined
Aug 2, 2019
Messages
451
Likes
736
Hi. Can you analyse a pattern in these natural disasters? Means happened at the same time as last year.
Floods everywhere. Govt needs to give out big relief packages to save lives and property. They wont cut many taxes as the market is expecting due to shortage of funds. Bura haal hai. Double whammy of slowing economy and these floods that destroy lives every year.
 

Riskyman

Well-Known Member
Joined
Feb 13, 2013
Messages
8,733
Likes
30,392
Last edited:
Joined
Apr 15, 2008
Messages
19,964
Likes
109,879
Location
On the internet
Maruti Chairman Mr R.C.Bhargava mentioned that auto industry goes in a downturn every 5 years...2008-9, 2013-14 and now 2018-19...he said the downturn typically lasts for 12-14 months....this year we are experiencing this downturn plus increase in insurance cost, road tax ,increased cost of the car with more safety norms etc....currently we are in 12 th month of this downturn.....

He is very confident that 4 wheelers will see upturn soon. On Electric Vehicles his take is there wont be electric car for personal transportation ( small car ) for next 3-4 years because a Internal Combustion ( IC ) car costing Rs 5 Lacs , the same car will cost twice as much for electric version....plus charging stations,battery cost issues will keep it out of small car....

Smart_trade
 

vivektrader

In persuit of financial independence.
Joined
Jul 15, 2015
Messages
4,083
Likes
10,517
Location
'Right' side of market.
Maruti Chairman Mr R.C.Bhargava mentioned that auto industry goes in a downturn every 5 years...2008-9, 2013-14 and now 2018-19...he said the downturn typically lasts for 12-14 months....this year we are experiencing this downturn plus increase in insurance cost, road tax ,increased cost of the car with more safety norms etc....currently we are in 12 th month of this downturn.....

He is very confident that 4 wheelers will see upturn soon. On Electric Vehicles his take is there wont be electric car for personal transportation ( small car ) for next 3-4 years because a Internal Combustion ( IC ) car costing Rs 5 Lacs , the same car will cost twice as much for electric version....plus charging stations,battery cost issues will keep it out of small car....

Smart_trade
5450-5500 should be a good level to buy, now at buy CD10, also there is a weekly 13 operational.
Should be a fill it - shut it - forget it trade.
 

Similar threads

Broker Special Offers