IPOs & Stock market - Discussion Thread

Any good guide on CPR and price action @bikidas2060 / others , please guide

1. CPR by KGS
2. I3T3 for Price Action

According to me Nifty was going below 7000. I was proved wrong.
According to some pharma sector has entered into a bubble. They got proved wrong too.
The logic behind pharma is, the sector was under performing for years. It had to perform. Every Tom Dick n Harry in that sector have moved except for those who have already moved. Ex: pfizer just 20-30% return. But AstraZeneca, lupin, sun Pharma etc gave 50-60% return. The people who invested in pharma during their low point are reaping immense rewards now.
Lesson is, invest in underperforming sectors. Every dog has his/her own day. 🙂🙂🤗

banks are still underperforming..most of them are far far away from 52 weeks high..due to NPA they are beaten down.. let’s see when they start running

Lost 1 lakh today in banknifty options. We always talk about our successes. But failures must be discussed as well. Profits and Losses are part of speculation. And one must realize these before stepping on the game of speculative trading.
Mistakes:
1) Failure to capture the trend of the market
2) Got greedy
3) Took a few revenge trades

@bikidas2060 bro profit & loss are part of the game at least for majority of the people. It just proves you are also among the majority but even in that majority there are tiers & you are definitely better than those who lost/lose 1 lakh in penny stocks/rcomm/dhfl/yes bank like shares.

Fun fact
When in 1992 harshad mehta was manipulating the stock market
A young radhakishan damani was short selling those stocks…
Then Harshad Mehta scam happened & radhakishan damani made millions…
radhakishan damani took those money did value investing, made profit & opened dmart
And today he is the second richest man in India….
So in a way, Harshad Mehta scam gave birth to people like radhakishan damani rakesh jhunjhunwala and many wizards of Dalal streets

Zeel and infratel out of the nf50 replaced by divis labs and sbi life

Asahi India Glass Limited. Bhai log. Iske upar kya bichar hai aapke. Ancillary ke time aya hai shayad. @guest_999 @xuseronline @malikcool @Dastro @garamjalebi @mrKool_JJ @NTRfan

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Very good video by hated MKJ uncle on split and bonus.

Ended membership of NitinBhatia .. Yesterday, he posted a member’s only Videos and some members posted negative comments.
He posted this on Community tab

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All those who posted -ve comments on members only video are requested to GET LOST immediately (Cancel membership and unsubscribe) else i will KICK them out nicely.

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Later on he deleted the comment but I did not liked the attitude.
I ended my membership immediately.

I joined him to see what is offering to members.
But don’t like much and when yesterday, he posted that comment, I ended membership which I wanted to end earlier also.

p.s. no he doesn’t share tips and I don’t follow any tips from anybody. Even if I like/find any tip(s), I analyze that first and then only take any positions.

“You guys are paying for their monthly yt membership?!?!”

@xuseronline @malikcool @titamazon @bikidas2060

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Any view on FRETAIL? Is it advisable to purchase at current price?

In the mean while I got to know of another company Ingersoll Rand

Today I have booked profit in 80% of my swing portfolio.

Mainly because of 2 reasons. Trendline breakdown in nifty which was intact since March.  Tomorrow candle will be interesting to see.

2nd reason short term breakout in India Vix.



@bikidas2060
@mrKool_JJ

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@malikcool : wonderful chart reading

Many people have lost money because of Nitin Ghatia. He talks so much negative that people who follow him didn’t have any courage to buy when Nifty was below 8000 and I had capital but couldn’t buy because I was his follower. Instead many people sold their portfolio stocks at lower level.

INDIA GDP QUARTERLY (YOY) (Q1) ACTUAL: -23.9% VS 3.1% PREVIOUS; EST -18.3%
Can this trigger the downfall which many are praying / expecting for ?

23000-23500 expected at this week expiry

Kal kya rang lane wala hai market?
T: Nifty contraction by how many points tomorrow?

From Twitter:

#GDP Growth April – June Quarter, 2020
(G7 Countries)

India – (-23.9)
UK – (-20.4)
France – (-13.8)
Italy – (12.4)
Canada – (-12)
Germany – (-10.1)
USA – (-9.5)
Japan – (-7.6)
China – (+3.2) ( More than 85% of Chinese economic data is fake).

seems like idea is on a huge roll today coz of verizon and amzn

Nasdaq crashed 3.5% expect bad things for tomorrow

Guys. If there ll be a good fall, money ll be redirected to small n midcap sector as nifty seems like a bubble made of Reliance, HDFC, tcs. And FII n DII don’t sit on cash.
Polycab, Varun Beverages, Fiem ( it makes lights for 2-3-4 wheelers n commercial vehicles), Wabco does fleet management system, ICICIgi motor insurance. Please extend the list, guys. 🙂🙂

Aaj lagta hai ha-ha kar hone wala hai market main!

Nifty 1.5% and BankNifty 1.75% gap down opening.