Do you play the stock market

SmartCat · 8th January 2021, 11:35

Quote:

Originally Posted by jomson13

I shifted from 'investing' to 'trading' during the lockdown and it has been going quite well up until now. Since the past couple of months, I am finding it more and more difficult to identify new trades.

Unless you figure out how to make money from falling markets by shorting, what you did was not really "trading". You just went with the flow. Whatever everybody bought during that period went up.

Real trading involves using technical analysis to go long or short on stocks or index (futures/options). If technical analysis looks like voodoo magic, you could read up or watch youtube videos on options trading instead. With options trading, you need not "predict" the index or stock direction. It's all about probabilities.

Quote:

Originally Posted by whitewing

Sometime back there was an announcement of reduction in corporate tax, do these numbers include the bump up in earnings after IT due to the reduced tax outgo? Or we would see a further increase post March '21?

That announcement was in Sept'19. I guess we would have seen the effect on post-tax earnings in FY20. Not sure about this one.

jomson13 · 11th January 2021, 14:29

Quote:

Originally Posted by SmartCat

Unless you figure out how to make money from falling markets by shorting, what you did was not really "trading". You just went with the flow. Whatever everybody bought during that period went up.

Real trading involves using technical analysis to go long or short on stocks or index (futures/options). If technical analysis looks like voodoo magic, you could read up or watch Youtube videos on options trading instead. With options trading, you need not "predict" the index or stock direction. It's all about probabilities.

Had a short intro into derivates over the weekend. Will be paper trading for the next month at least before venturing into this field.
Hats off to who ever thought of derivates as an instrument, its truly remarkable

fordday · 14th January 2021, 11:40

RBI governor raised some concerns on the market. Quoting from the article

"Raising concerns over a disconnect between the financial markets and the real economy, RBI Governor Shaktikanta Das on Monday said that stretched valuations of financial assets pose risks to financial stability."

Link

What is the message for us here? Is there a market doomsday scenario ahead?

warrioraks · 14th January 2021, 11:51

Quote:

Originally Posted by fordday

Is there a market doomsday scenario ahead?

The governor seems to be thinking so.
I was watching Scam 1992 last month. Had an eerie similarity with current times. The RBI governor then had made a comment on the ir-rationality in the market during a press-conference. It all came crashing down few months down the line.
Not sure whether RBI had actually done this in real or was it more of a reel thing. But I do think the central bank is worried about small investors. Just saying!

SmartCat · 14th January 2021, 11:54

Well, if RBI/Fed wants rationality in the stock market, all they have to do is crank up the interest rates. If SBI/ICICI Bank gives 5% interest on FD, money will flee from banks into stock market. Even retired folks will pull out money from FDs to invest in the stock market (since prices seem to be going up all the time).

fordday · 14th January 2021, 12:04

Quote:

Originally Posted by SmartCat

Well, if RBI/Fed wants rationality in the stock market, all they have to do is crank up the interest rates.

Though it seems logical from investors point of view, I do not think bank interest rates are going up soon. Bank are flush with money and they are finding it difficult to offload it to credit worthy loan takers.

If banks cannot earn 9-10% interests on their loans they can hardly increase the FD rates.

Sree · 14th January 2021, 20:23

https://www.bloombergquint.com/law-a...-in-securities

A very disturbing and disappointing news. Whom and what to trust. I don't know the person involved and has never followed him. However, CNBC is taken as a serious and reputed channel.

BaCkSeAtDrIVeR · 14th January 2021, 21:55

Quote:

Originally Posted by Sree

A very disturbing and disappointing news. Whom and what to trust. I don't know the person involved and has never followed him. However, CNBC is taken as a serious and reputed channel.

Is this the channel which runs very "accurate" "technical" recommendations by two gentlemen? I have noticed that the scrips move in the opposite direction of the recommendation.

I registered on their portal and app twice, and found that (a) a user name / login is not created, and - (b) there is a surge in spam messages.

alpha1 · 15th January 2021, 10:22

Quote:

Originally Posted by Sree

https://www.bloombergquint.com/law-a...-in-securities

A very disturbing and disappointing news. Whom and what to trust. I don't know the person involved and has never followed him. However, CNBC is taken as a serious and reputed channel.

I am quite surprised who blew the whistle.
Though it is quite obvious that any recommendation on news channel has potential to move markets and prices, and it is well known that many people do utilize it to time their trades and make money, this is the first time I am reading about actual investigations done and some one caught.

tbppjpr · 15th January 2021, 11:19

Quote:

Originally Posted by Sree

https://www.bloombergquint.com/law-a...-in-securities

A very disturbing and disappointing news. Whom and what to trust. I don't know the person involved and has never followed him. However, CNBC is taken as a serious and reputed channel.

"News is what somebody somewhere wants to suppress; all the rest is advertising"
-Lord Northcliffe

CNBC is part of Media 18 network which is owned by the richest and most powerfull person of the country.

C300 · 15th January 2021, 13:09

Quote:

Originally Posted by Sree

https://www.bloombergquint.com/law-a...-in-securities

A very disturbing and disappointing news. Whom and what to trust. I don't know the person involved and has never followed him. However, CNBC is taken as a serious and reputed channel.

Thats on the expected lines. Never trust these new channels and the so called experts.

fhdowntheline · 15th January 2021, 17:29

Quote:

Originally Posted by fordday

Though it seems logical from investors point of view, I do not think bank interest rates are going up soon. Bank are flush with money and they are finding it difficult to offload it to credit worthy loan takers.

If banks cannot earn 9-10% interests on their loans they can hardly increase the FD rates.

Inflation may also be on the rise. Fuel prices are back to the 80s and 90s (in value terms). So there may be a case to increase interest rates in future.

https://www.livemint.com/market/mark...509596914.html

BaCkSeAtDrIVeR · 20th January 2021, 09:02

Is it possible to apply for rights issue online?

Does anybody here use the NSDL app? I'm unable to use the forgot password option since the Otp is not coming. I tried a web search, and it seems the mobile number is not linked to the ID properly. But I get all trading / holding related SMS and CAS emails accurately and the CAS shows my mobile correctly.

RahuKetu · 22nd January 2021, 18:16

What is the view on Tata Motors? I hold 1500 shares at an average price of 131 INR. Shall I exit or hold?

creative420 · 22nd January 2021, 18:19

Quote:

Originally Posted by RahuKetu

What is the view on Tata Motors? I hold 1500 shares at an average price of 131 INR. Shall I exit or hold?

Looking at their commitment towards EV future, with Altroz EV in pipeline, I'd say hold on.

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	419	31.62%
26 - 50% -- I have a few stocks.	591	44.60%
51 - 75% -- I'm an active trader.	217	16.38%
76 - 100% -- Hey, I'm an i-banker!!!	98	7.40%
Voters: 1325. You may not vote on this poll

14th January 2021, 11:40	#4518
fordday BHPian Join Date: Aug 2010 Location: Bangalore Posts: 586 Thanked: 1,623 Times	Re: Do you play the stock market RBI governor raised some concerns on the market. Quoting from the article "Raising concerns over a disconnect between the financial markets and the real economy, RBI Governor Shaktikanta Das on Monday said that stretched valuations of financial assets pose risks to financial stability." Link What is the message for us here? Is there a market doomsday scenario ahead?
	() Thanks

14th January 2021, 11:54	#4520
SmartCat Team-BHP Support Join Date: Jun 2007 Location: Bangalore Posts: 7,204 Thanked: 51,963 Times View My Garage	Re: Do you play the stock market Well, if RBI/Fed wants rationality in the stock market, all they have to do is crank up the interest rates. If SBI/ICICI Bank gives 5% interest on FD, money will flee from banks into stock market. Even retired folks will pull out money from FDs to invest in the stock market (since prices seem to be going up all the time). Last edited by SmartCat : 14th January 2021 at 11:59.
	(6) Thanks

14th January 2021, 20:23	#4522
Sree BHPian Join Date: May 2020 Location: Kozhikode Posts: 49 Thanked: 309 Times	Re: Do you play the stock market https://www.bloombergquint.com/law-a...-in-securities A very disturbing and disappointing news. Whom and what to trust. I don't know the person involved and has never followed him. However, CNBC is taken as a serious and reputed channel.
	(5) Thanks

20th January 2021, 09:02	#4528
BaCkSeAtDrIVeR Senior - BHPian Join Date: Jun 2007 Location: Kochi Posts: 2,540 Thanked: 758 Times	Is it possible to apply for rights issue online? Does anybody here use the NSDL app? I'm unable to use the forgot password option since the Otp is not coming. I tried a web search, and it seems the mobile number is not linked to the ID properly. But I get all trading / holding related SMS and CAS emails accurately and the CAS shows my mobile correctly.
	() Thanks

22nd January 2021, 18:16	#4529
RahuKetu BHPian Join Date: Jan 2020 Location: Dushanbe Posts: 53 Thanked: 143 Times	Re: Do you play the stock market What is the view on Tata Motors? I hold 1500 shares at an average price of 131 INR. Shall I exit or hold?
	() Thanks