Malcolm Merlyn Posted July 15, 2016 Posted July 15, 2016 Investing is for uncles only.. No kicks and zero fun .. dnt do Have you read big short or seen the movie? Half blind doctor made a billion Investing long is for people with deep pocket.
G_B_ Posted July 15, 2016 Author Posted July 15, 2016 Hmm gst appears to have breakthrough I am hearing. Along with ril results.. Boom Sent from my Wileyfox Swift using Tapatalk
diga Posted July 15, 2016 Posted July 15, 2016 1 hour ago, velu said: Investing is for uncles only.. No kicks and zero fun .. dnt do Have you read big short or seen the movie? Half blind doctor made a billion http://www.vanityfair.com/news/2010/04/wall-street-excerpt-201004 I read about it...Is it about Michael Burry??
velu Posted July 15, 2016 Posted July 15, 2016 http://www.vanityfair.com/news/2010/04/wall-street-excerpt-201004 I read about it...Is it about Michael Burry?? Yeah.. I meany big short But john paulson made more money than michael burry .. I think burry made 1 billion but paulson made 45 billion.. I think you might have read about him in the book , The greatest trade ever
G_B_ Posted July 16, 2016 Author Posted July 16, 2016 What are views on India's capital account liberalisation?.... Sent from my Wileyfox Swift using Tapatalk
velu Posted July 18, 2016 Posted July 18, 2016 Reliance flat after results .. waiting for HUL results
velu Posted July 19, 2016 Posted July 19, 2016 IT stocks are giving terrible results.. After INFY , mindtree gave poor Q1..
FischerTal Posted July 19, 2016 Posted July 19, 2016 PSU bank stocks rise a govt gives 22,000+ crores to PSU banks
velu Posted July 19, 2016 Posted July 19, 2016 PSU bank stocks rise a govt gives 22,000+ crores to PSU banks Good for PSU banks.. Another thing in progress is merging few small banks with SBI
G_B_ Posted July 19, 2016 Author Posted July 19, 2016 Some poor numbers for wipro Sent from my Wileyfox Swift using Tapatalk
randomGuy Posted July 19, 2016 Posted July 19, 2016 On 15/07/2016 at 11:14 AM, randomGuy said: jjhmkjhkjhkjhjkbb
velu Posted July 19, 2016 Posted July 19, 2016 2 minutes ago, randomGuy said: On 15 July 2016 at 11:14 AM, randomGuy said: jjhmkjhkjhkjhjkbb
velu Posted July 19, 2016 Posted July 19, 2016 yeah .. wipro sort of corrected a bit starting from infy result IT doesnt look good for medium term .. everyone gave very conservative guidance
randomGuy Posted July 19, 2016 Posted July 19, 2016 I think high growth period in IT is over. most of the software have been developed in every sector and even testing, maintenance has been automated.... So the stocks had rallied w/o solid ground to back them. Having said this, there isnt more than 10%n downside in most IT stocks now.
velu Posted July 19, 2016 Posted July 19, 2016 stocks will almost always tracks the forward earnings.. TCS doesnt look bad now .. even infy looks good at 1080 than when it was at 1250 ( solid 15% correction ) when the high growth stock disappoints its natural to get rerated ..
randomGuy Posted July 19, 2016 Posted July 19, 2016 1 hour ago, velu said: Good for PSU banks.. Another thing in progress is merging few small banks with SBI I heard there will be only 6 PSU banks (SBI, BoB, PNB, CANBK etc) and rest all will be merged in these 6. G_B_ and velu 2
randomGuy Posted July 19, 2016 Posted July 19, 2016 (edited) 5 minutes ago, velu said: stocks will almost always tracks the forward earnings.. TCS doesnt look bad now .. even infy looks good at 1080 than when it was at 1250 ( solid 15% correction ) when the high growth stock disappoints its natural to get rerated .. Someone experienced told me and i saw with own observation as well that its profitable to wait for good stocks to correct 20-30% from top and then take entry in them for long term. 20-25% correction in bigger cos. (TCS, Infy) and 25-30% in midcap (mindtree, wipro, hcl etc).... ofcourse one has to watch technicals and fundamentals as well. Edited July 19, 2016 by randomGuy velu 1
velu Posted July 19, 2016 Posted July 19, 2016 9 minutes ago, randomGuy said: I heard there will be only 6 PSU banks (SBI, BoB, PNB, CANBK etc) and rest all will be merged in these 6. 1303_bizgraphic.jpg randomGuy 1
velu Posted July 19, 2016 Posted July 19, 2016 6 minutes ago, randomGuy said: Someone experienced told me and i saw with own observation as well that its profitable to wait for good stocks to correct 20-30% from top and then take entry in them for long term. 20-25% correction in bigger cos. (TCS, Infy) and 25-30% in midcap (mindtree, wipro, hcl etc).... ofcourse one has to watch technicals and fundamentals as well. abe.. wipro and hcltech are largecap IT stocks .. both are part of Nifty 50 index :poink: i think mindtree is already down by 20%
randomGuy Posted July 19, 2016 Posted July 19, 2016 8 minutes ago, velu said: abe.. wipro and hcltech are largecap IT stocks .. both are part of Nifty 50 index :poink: i think mindtree is already down by 20% Yes they are. Yes, but the point was, try to wait for 20-30% correction. Its not a hard and fast rule but still, good to keep in mind.
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