Stocks are sinking heavy loss is there

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Srouta Mukherjee, Sep 25, 2017.

  1. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Stocks are sinking today heavy loss is there in portfolio :(
     
  2. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Due to Global Tensions panic selling market corrected
    please stick on quality stocks , and maintain some cash positions
    dont sell FMCG Stocks ....
     
    Last edited: Sep 25, 2017
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  3. Kritesh Abhishek

    Kritesh Abhishek Member

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    I agree with Rama Murthy Sir. Hold the stocks and don't panic!
     
  4. Victor

    Victor New Member

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    @Rama Murthy, till what level do you see the downside. Is this wave c of wave 4. Your ideas please.
     
  5. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    @ Victor ji ,
    if nifty spot breaks 9640 and close below it in weekly closing basis it may take next demand area is at 9200 level , if it breaks 9000 it may test 7500 level as per wolf wave pattern in weekly nifty spot chart
    Disclaimer : i am not a SEBI Registered Analyst , this is only for learning purpose
     
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  6. Victor

    Victor New Member

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    @Rama, Thank you,.
     
  7. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    @ Victor Ji

    as per my study in nifty spot weekly chart " 5 th wave " is running
    in this 5 th wave some sub waves also forming , at this present stage only 1 sub wave formed
    i think some more sub waves may formed , in this 5 th wave huge wealth will create and also it is very Dangerous also , created wealth also destroy ....
    immediate 5 th wave sub wave demand area is at 8960 - 9120
    5 th wave complete destination may be 6450 -6825

    i think some more sub waves may be possible ....
    please see the image with this post , for better view please click on this image

    Disclaimer : I am not a SEBI Registered Technical Analyst , and i am not an expert in wave counting
    , this is only for education and learning purpose , dont blindly follow this , do your home work and do according to that

    [​IMG]
     
  8. Victor

    Victor New Member

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    Hi Rama, Thanks for the detailed analysis. This really shows how good and important EW is.
    Rama I have a request. Could you let me know why the current wave cannot be wave c of wave 4.
    Another point Rama Ji is on the bigger super cycle are we in the current wave 3. Super cycle Wave 4 to follow. This is how I see it. In that case we are heading for a multi year bear market.
    Please share your thoughts on this.
     
  9. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    @ victor ji
    i posted my chart also in previous post , in daily i am not find any c of wave 4 ... please post your chart with details , i understand clearly
     
  10. Victor

    Victor New Member

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    Hi Rama, I am just using the overall chart of nifty. I have considered March 2015 top as completion of wave 3. The drop from there is wave A that is Mar 2016. we have just completed wave B ( market top) and are now in start of wave C.
    Earlier I too was thinking that we are in wave 5. May be I am wrong.
    Rama Ji I will send the charts later.
    I have only a desktop and is being used by family. I plan to buy laptop for myself.
    Also any view on supercycle wave number.
    Thanks for your guidance as always.
     
  11. Anushka

    Anushka New Member

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    Rama Sir, what is your opinion on JP Infra? I having some losses in it. Shall I hold or sell it?
     
  12. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    better exit in market rally
     
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