BLOOD ON DALAL STREET IS NEVER A TIME TO PANIC BUT TO KEEP CALM,LESS ROOM FOR MORE CORRECTION.

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Jan 20, 2016.

  1. kharb

    kharb Well-Known Member

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    Blood on Dalal street is not new but to panic that all is lost for ever and all is over is just foolishness. This is a regular event which repeats after few years.If you have cash,this is the time you can buy ,what has always looked over priced to you.But if you don't have,still no need to worry.Stocks are hammered, but compnies are doing as good as one month back.Short term prices are just barometrs of present panic,which will defintly pass .Always remember ,in short term market are voting machines and in long term market are weighing machines So hold on your good stocks and buy more slowly if you have cash.Defintly your Portfolio will smile again.Best of luck and cheers.You are just down but Defintly not out.
     
  2. BombayBoy

    BombayBoy Well-Known Member

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    it will only get worse when everybody heads for the exit as panic sets in, SIPs are stopped & redemptions begin

    is it time to panic? yes, unless you are seeing unicorns!

    RIL failed to live up to the expectations - went up until results and falling subsequently - whoa just checked cracked another 5% today and this is Reliance, not any other stock!

    i've taken it on the chin today, a trade in Sun TV - booked Rs 7700 loss

    cheer me up :(:oops: - gotta switch on the TV now to see what the "experts" are saying
     
  3. darth

    darth Active Member

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    5.5lac puts now 6800 level - speaks of market sentiments

    Pre modi levels on the index and
    Pre Rajan levels on INR
     
  4. darth

    darth Active Member

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    Unfortunately you a teetotaller else u could drown sorrows in some madira. Time for some 'sin products' to come to rescue some rattled nerves.

    'experts' now saying there were already concerns on high india valuation. Now risk-reward has improved
     
  5. kharb

    kharb Well-Known Member

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    Market natural direction is up and only up.Going up is its path but not straight .Market only take breath and some time goes back like a long jump player. So NO need to panic,market is just preparing for Big jump? Cheers and stay invested.Bottom formation under progress .
     
    Last edited: Jan 20, 2016
  6. BombayBoy

    BombayBoy Well-Known Member

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    achche din aayenge ya aa gaye?

    i wish i did F&O, would've loved to hedge now

    the writing was on the wall since December - RADAG stocks going up, thematic plays - paper, power, hotels, turnaround stories, pharma, IT - people looking at the next Infosys!

    another post in a thread in here - sell everything you've and buy shares!

    stay away from banks - people have seen nothing yet, forget dividends

    hiding behind "quality" - nothing is spared

    imagine the calls to LIC & PSB Banks treasury rooms to support the markets!

    ye darth, perhaps time to go binging on some pizzas - use those Dominos coupons

    [​IMG]
     
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  7. kharb

    kharb Well-Known Member

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    Definitely Good Days will come back,sooner than we expect.This down turn will also pass.Bottom formation under progress .
     
    Last edited: Jan 20, 2016
  8. BombayBoy

    BombayBoy Well-Known Member

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    kharb - it will turnaround, this too shall pass but honestly i'll not pretend like it doesn't affect me at all

    i accept your assuring thoughts, you've see more years in the market than i've spent living, but - one has to accept reality, right?

    good short covering, yet again
     
  9. darth

    darth Active Member

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    Shanker Sharma tweet : on lines of "think it's time to cut shorts and play for a reasonable rally .... "

    Check out the real wordings if you wish
     
  10. kharb

    kharb Well-Known Member

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    .He is man to be taken seriously for any bullish statement.
     
    Last edited: Jan 20, 2016
  11. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    sorry brother , dont worry failure is common but learn lesson from it and make good trade plan for future ....

    failure and loss is common in business , part and parcel of business , even warren and Rakesh ji also get loss for today world markets and indian market fall in their portfolios , Great intelligent and Scientist Newton also failure in investment and trading in stock market , dont worry , so be brave and try to make less loss and try to make big profit tomorrow on wards ... make good money management also
    Today try to find out your mistake and write it down in your trade dairy ....

    [​IMG]

    ALL THE BEST ....
     
    Last edited: Jan 20, 2016
  12. w4wealth

    w4wealth Well-Known Member

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    sad thing about suntv. bombayboy be careful when you trade in markets that are unusually weak.
     
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  13. BombayBoy

    BombayBoy Well-Known Member

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    Thank you Rama ji & @w4wealth

    It was a delivery purchase but taking it home in the current market, I chose to book losses.
     
  14. adi16

    adi16 Member

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    still planning to hedge ? I started last week and planning to sell more futures.
    Your thoughts ?
     
  15. BombayBoy

    BombayBoy Well-Known Member

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    I see further downside with more volatile days. If it wasn't for principle, I'd have ventured into F&O. Think I'm better off doing what I know - cash. But put options perhaps?

    Do you trade on the US markets too? Know about Robinhood?
     
  16. Raaz

    Raaz Active Member

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    CO-INCIDENCE or .....????

    On 20th jan 2008, mkt was down approx 800-1000 pts. and next day 21st jan lower circuit.

    If we follow 8 year cyclical trend:

    20th jan 2016 markets down 417 points and tomorrow is 21st jan 2016....???


    Comments solicited!
     
  17. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    You are scaring Sir :( We are already very scared. All the best for tomorrow.
     
  18. darth

    darth Active Member

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    Raazji : Isko aaj raat ke liye raaz hi rehne do. Chain ki neend to lene do yaar :)
     
  19. ANITHA

    ANITHA New Member

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    He is an eternal bear. This statement of his must be seriously taken. Go out and empty your coffers by plucking the deep discount offers on the table. I started by picking up small quantities of camlin fine chem, force motor, tata elxci, granules, lincoln pharma, sintex , kitex & astra microwave.
     
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  20. darth

    darth Active Member

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    8 year cycle

    20th jan 2000 and 21st jan 2000. - market flattish
    20th jan 2008 and 21st jan 2008 - market cracks
    20th jan 2016 and 21st jan 2016 - market ???

    Now why shouldnt market exercise the unavailed choice ie increase?

    Pretty crappy but who cares...
     
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