General Trading Chat

vivektrader

In persuit of financial independence.
Greedy ... !!?? ....... Actually Sudarshan Sukhani had given the level of 1450 .....

But as stocks do not go up in a straight like ........ so .... i guess .... same is true for downside ...
By Greedy I meant I will get it cheaper than that, let's see on Monday.

Vivek
 
ST DA, whats ur view on nifty...?
My view is nifty is correcting.It may go down a little more.We all were expecting a correction and that correction is coming now.We must use this correction for buying good quality growth stocks....but in such corrections one has to buy slowly not exhausting all the funds...markets always goes a little higher than we expect when going up and little lower than we expect when going down to scare away the weak hands....

So I am considering this correction as an opportunity for investment.I am happy that the market is coming down .This correction may continue for a long time as the corporate growth is still not coming in this quarter also and plus we have geopolitical issues on the international front.

Smart_trade
 

travi

Well-Known Member
Greedy ... !!?? ....... Actually Sudarshan Sukhani had given the level of 1450 .....

But as stocks do not go up in a straight like ........ so .... i guess .... same is true for downside ...
By Greedy I meant I will get it cheaper than that, let's see on Monday.

Vivek
True, like when Demo came around and there were so many bearish gloom doom stories.
Hell, even I thought that 7500 would be hit in no time. Even I re-entered pretty late.

Instead, mkt partied over the new year weekend and came back with a new pair of running shoes.
Ever since it never looked backed.
What I think played a major part is the world markets, and they all were moving up together.

This time, keep an eye on the world sentiments too, there are around 3-4 Geo-political issues and not just one although its in focus.
Our mkt can't run up alone. Markets can double and halve & we realize only in hindsight.
Vivek bhai, we've counted CD13 up, nothing can stop it counting another CD13 :rofl::rofl:
 

vivektrader

In persuit of financial independence.
True, like when Demo came around and there were so many bearish gloom doom stories.
Hell, even I thought that 7500 would be hit in no time. Even I re-entered pretty late.

Instead, mkt partied over the new year weekend and came back with a new pair of running shoes.
Ever since it never looked backed.
What I think played a major part is the world markets, and they all were moving up together.

This time, keep an eye on the world sentiments too, there are around 3-4 Geo-political issues and not just one although its in focus.
Our mkt can't run up alone. Markets can double and halve & we realize only in hindsight.
Vivek bhai, we've counted CD13 up, nothing can stop it counting another CD13 :rofl::rofl:
Nifty spot is at buy setup 7, won't go up in a hurry, but one can't say that about BajajFinance.

Vivek
 

simplebuthard

Working as Trading Assistant. Hire me !!
Nifty50 Stock Weightage:

These ten stocks out of 51 has 50%+ weight.

HDFC Bank Ltd. 9.49
Housing Development Finance Corporation 7.46
Reliance Industries Ltd. 7.03
I T C Ltd. 6.37
Infosys Ltd. 5.30
ICICI Bank Ltd. 5.09
Larsen & Toubro Ltd. 3.86
Tata Consultancy Services Ltd. 3.48
Kotak Mahindra Bank Ltd. 3.26
State Bank of India 3.04

Source: NSE
 

vivektrader

In persuit of financial independence.
Nifty50 Stock Weightage:

These ten stocks out of 51 has 50%+ weight.

HDFC Bank Ltd. 9.49
Housing Development Finance Corporation 7.46
Reliance Industries Ltd. 7.03
I T C Ltd. 6.37
Infosys Ltd. 5.30
ICICI Bank Ltd. 5.09
Larsen & Toubro Ltd. 3.86
Tata Consultancy Services Ltd. 3.48
Kotak Mahindra Bank Ltd. 3.26
State Bank of India 3.04

Source: NSE
Don't count ITC, its mostly sleeping

Vivek
 

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