General Trading Chat

AJK

Well-Known Member
“बॉटम बॉटम सब कहे, बॉटम बने न कोय!
जब असल बॉटम बने, तो रोकडा बचा न होय!”

dedicated to all knife catchers (like me.. :p )
sachi kahani bhai. though i bought 12k CE at 3, turned out it was MIS. when i rechecked at 4.30, it was out, at 2.65.
 

siddhant4u

Well-Unknown Member
Maybe this news will arrest the free fall.

GDP Growth At 4.7% In October-December, Meets Economists' Expectations

https://www.ndtv.com/business/gdp-d...december-from-4-5-in-previous-quarter-2187286

The government also revised the growth rate for the July-September quarter from 4.5% to 5.1%, prompting a top government official to declare that the economy’s growth decline had bottomed out. The revision for the September quarter was up sharply from the 4.5% preliminary report, which would have been the weakest growth in more than six years.

what slowdown? , revise previous figures by 13% so that loan book looks good... :p
 

AJK

Well-Known Member
Let's not be very sure just yet :)

In Q3, non-government GDP actually grew by just 3.9%; economy is in ICU, needs an urgent booster shot
https://www.firstpost.com/business/...icu-needs-an-urgent-booster-shot-8100701.html
I think news will come and go, saying ICU or anything. It's their daily bread. It's actually the facilities and hope a govt provide to country that decides a country's growth, isn't it? If there wasn't any corona news, we would have been making new ATH.
 
I think news will come and go, saying ICU or anything. It's their daily bread. It's actually the facilities and hope a govt provide to country that decides a country's growth, isn't it? If there wasn't any corona news, we would have been making new ATH.
As long as Nifty monthly close doesn't break monthly high, better stay away from taking fresh positions.
 
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