Do you play the stock market

ECM · 18th March 2009, 10:39

See the 2nd round of move in market,such moves are nasty if one is short,super breakout in Nifty and Sensex.

penpavan · 18th March 2009, 11:14

Should this rally be seen as long term recovery? Or this is still a covering rally?

Would the market fall to the 25/2600 lows again?

prince_pervez · 18th March 2009, 11:39

Does DLF look like a good buy at this point of time ?

penpavan · 18th March 2009, 12:23

Quote:

Originally Posted by prince_pervez

Does DLF look like a good buy at this point of time ?

I dont think, buying anything when market is green, is a good idea..

prince_pervez · 18th March 2009, 12:33

Quote:

Originally Posted by penpavan

I dont think, buying anything when market is green, is a good idea..

Ohh ok. Just curious because last year due to the DLF IPL thier stock prices rose quite a bit. And last time I checked they were up for grabs at 138 per share. What a crash. Last year they went from 616 to 700 + and then back. I thought IPL would boost their value, enough to play around for a shorter term. Any more expert opinions ? @ECM any thoughts?

sj_koova · 18th March 2009, 13:06

ECM, Whats your perspective above YES BANK? Is it good for Buy&Hold?

DCEite · 18th March 2009, 13:48

How does Bank of India look, for long term ?
I have few at average cost Rs. 250.

ECM · 18th March 2009, 14:26

Sorry to say but somehow I feel that my thoughts still not digested among members.
Why one should think of buying weak stocks i.e a sector which is badly bitten down?Remember recovery in weaker stocks only come when market go up up and up,say above 4000 nifty and at this point valuations of bitten down stocks will be 50% down of your purchase price,hard and bitter truth is this.
Few of you may be in loss due to collapse of markets all around the world and if any of you "watched"my posts with care one will realise that most of time my focus was on Nifty.Most of times when Nifty go up after recent collapse bitten down stocks either move sideways to go down,bringing more mental tentions seeing your portfolio not going up valuewise!!This happens and will keep happening.
My question is Why no one dared to atleast had guts to buy nifty calls when I wrote on the wall about market move?Anyway try to smell air next time when I write something here-see my old posts where clear call given to invest in commodities like crude-copper-zinc-lead etc..anyone knows how much they gone up recently?If somebudy bought just 1 lot of Lead by paying a margin of 20,000 when its price was 42,he or she must be enjoying a profit of Rs.1.45Lacs(If 1 rupee go up in Lead price it fetches a profit of 5000)!!!!!Same profit margin is there for other base metals and crude oil,sadly not a single person think of investing in commodities inspite of timely advise posted here.I am not preaching but if one wants to learn how to make money in stocks/commodities you should be focused and know some basics of trading or investing(this is a longggggg topic and requires much much discussion)
now repying to individuals==

Quote:

Originally Posted by penpavan

Should this rally be seen as long term recovery? Or this is still a covering rally?

Would the market fall to the 25/2600 lows again?

I don't know,no one knows as election is around the corner.

Quote:

Originally Posted by prince_pervez

Does DLF look like a good buy at this point of time ?

Lot of info available,if fundas are good it should go up,not a single share I have of DLF when better opportunities are available,in my case NIFTY.

Quote:

Originally Posted by prince_pervez

Ohh ok. Just curious because last year due to the DLF IPL thier stock prices rose quite a bit. And last time I checked they were up for grabs at 138 per share. What a crash. Last year they went from 616 to 700 + and then back. I thought IPL would boost their value, enough to play around for a shorter term. Any more expert opinions ? @ECM any thoughts?

I never guess what will make things better or worst,just check what happened with Jai Corp,stocks never move on their history-they move on current situation and future developments.

Quote:

Originally Posted by sj_koova

ECM, Whats your perspective above YES BANK? Is it good for Buy&Hold?

At this price I see less troubles in it thought whole banking sector needs some drastic facelift,specially priv.banks.

Quote:

Originally Posted by DCEite

How does Bank of India look, for long term ?
I have few at average cost Rs. 250.

V.good stock,no harm buying or averaging when it go down little from current market price.

Cya,my fingures are shouting now.

PS:-Commodity:-expecting a good correction in Lead.CMP 69.50,high was 70.25

rhsandeep · 18th March 2009, 15:19

ECM,
What is your opinion about AC stocks like Voltas,Value (Part of videocon) ?
Also What would be the ideal price for BEL and Navneet ?

ECM · 18th March 2009, 16:03

Sandeep
I like your way of smelling,important thing in stock market.
Yes in summer its a time to focus on such stocks,try buying in small lot seeing election on horizon.

Quote:

What is your opinion about AC stocks like Voltas,Value (Part of videocon) ?

Now cmp is 68.40-made a low of 68.10 current profit stands at Rs.5250 almost in just 90 minutes if anyone acted on the call.Just showing an example how to trade for win.

Quote:

expecting a good correction in Lead.CMP 69.50,high was 70.25

black12rr · 18th March 2009, 16:14

@ ECM are you full time trader ? .(Technical stuff , RSI , MACD,WOLFE stuff ?) ,Track nifty ?

ECM · 18th March 2009, 16:21

Black I am a small man and love challenges in my life,just showing it is not difficult to make profit in stocks and commodities.Hope this suffice your query

Quote:

Originally Posted by black12rr

@ ECM are you full time trader ? .(Technical stuff , RSI , MACD,WOLFE stuff ?) ,Track nifty ?

lambuhere1 · 18th March 2009, 16:34

Quote:

Originally Posted by ECM

Black I am a small man and love challenges in my life,just showing it is not difficult to make profit in stocks and commodities.Hope this suffice your query

ECM, You are a very humble man. Cheers Buddy. Keep it up

rhsandeep · 18th March 2009, 19:22

ECM,
Thanks for ur kind heartedness and willingness to share.I have been seeing that your calls are almost pointblank.
I think some of stocks like BEL,Navneet,Value,Voltas can yield decent returns within 3 months.
Also Rice is rocketing , Stocks of Rice companies may also shoot up, But I dont know RICE-DAL stocks apart from Kohinoor Foods (Soon we may hear some Merger news about it) and REI Agro.

I am novice in stocks and havent tried my hand in commodities.

ECM · 18th March 2009, 19:36

Another example of profitable trading given below,went short in Lead and enjoying mouthwatering profits,check below lines pasted directly from my terminal at 7:30 IST.
LEAD 31MAR2009 1693 4 67.40(cmp) 67.40 67.45 5 -2.25(down%) 70.25(high_ 67.20(low) 68.92(avg price) ,if one shorted Lead when I posted that call he must be enjoying a profit of net 10,500/- by this time.
In comming weekend get ready for some lessons on how to trade in market with profits,I dont have any guru,I never subscribe to any new letters,I hardly check balance sheets of companies who either give pink result or horrible losses,are you ready?
Edit-->Lead made a fresh low of 66.95,ding dong:P

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	396	32.25%
26 - 50% -- I have a few stocks.	550	44.79%
51 - 75% -- I'm an active trader.	201	16.37%
76 - 100% -- Hey, I'm an i-banker!!!	81	6.60%
Voters: 1228. You may not vote on this poll

18th March 2009, 10:39	#1081
ECM BHPian Join Date: May 2006 Location: Somewhere Posts: 226 Thanked: 15 Times	See the 2nd round of move in market,such moves are nasty if one is short,super breakout in Nifty and Sensex.
	() Thanks

18th March 2009, 11:14	#1082
penpavan BHPian Join Date: Oct 2007 Location: Blore Posts: 452 Thanked: 227 Times	Should this rally be seen as long term recovery? Or this is still a covering rally? Would the market fall to the 25/2600 lows again?
	() Thanks

18th March 2009, 11:39	#1083
prince_pervez Senior - BHPian Join Date: Dec 2006 Location: Redwood shores, CA, USA Posts: 4,210 Thanked: 51 Times View My Garage	Does DLF look like a good buy at this point of time ?
	() Thanks

18th March 2009, 13:06	#1086
sj_koova BHPian Join Date: Jan 2008 Location: Bangalore Posts: 673 Thanked: 620 Times View My Garage	ECM, Whats your perspective above YES BANK? Is it good for Buy&Hold?
	() Thanks

18th March 2009, 13:48	#1087
DCEite Senior - BHPian Join Date: Sep 2004 Location: NCR Posts: 3,413 Thanked: 2,517 Times	How does Bank of India look, for long term ? I have few at average cost Rs. 250.
	() Thanks

18th March 2009, 15:19	#1089
rhsandeep Newbie Join Date: Dec 2008 Location: Bangalore Posts: 5 Thanked: 0 Times	ECM, What is your opinion about AC stocks like Voltas,Value (Part of videocon) ? Also What would be the ideal price for BEL and Navneet ?
	() Thanks

18th March 2009, 16:14	#1091
black12rr Senior - BHPian Join Date: Dec 2005 Location: Ridin earth now Posts: 1,278 Thanked: 339 Times	@ ECM are you full time trader ? .(Technical stuff , RSI , MACD,WOLFE stuff ?) ,Track nifty ?
	() Thanks

18th March 2009, 19:22	#1094
rhsandeep Newbie Join Date: Dec 2008 Location: Bangalore Posts: 5 Thanked: 0 Times	ECM, Thanks for ur kind heartedness and willingness to share.I have been seeing that your calls are almost pointblank. I think some of stocks like BEL,Navneet,Value,Voltas can yield decent returns within 3 months. Also Rice is rocketing , Stocks of Rice companies may also shoot up, But I dont know RICE-DAL stocks apart from Kohinoor Foods (Soon we may hear some Merger news about it) and REI Agro. I am novice in stocks and havent tried my hand in commodities.
	() Thanks

18th March 2009, 19:36	#1095
ECM BHPian Join Date: May 2006 Location: Somewhere Posts: 226 Thanked: 15 Times	Another example of profitable trading given below,went short in Lead and enjoying mouthwatering profits,check below lines pasted directly from my terminal at 7:30 IST. LEAD 31MAR2009 1693 4 67.40(cmp) 67.40 67.45 5 -2.25(down%) 70.25(high_ 67.20(low) 68.92(avg price) ,if one shorted Lead when I posted that call he must be enjoying a profit of net 10,500/- by this time. In comming weekend get ready for some lessons on how to trade in market with profits,I dont have any guru,I never subscribe to any new letters,I hardly check balance sheets of companies who either give pink result or horrible losses,are you ready? Edit-->Lead made a fresh low of 66.95,ding dong:P Last edited by ECM : 18th March 2009 at 19:40.
	() Thanks