anmolbhard004
Disciple
bloodbath continues.
Indian Stock Market and Mutual Funds
- Thread starter anmolbhard004
- Start date
jayanttyagi
Disciple
I would say buying opportunity. We have seen worse in recent years.
Tracer_Bullet
Adept
Nobody knows. These days people are buying even after small % falls. Eventually it will fall more, but no way to say when.
USA and Japan market index (-12.4% in a day !) nosedive indicates this downward trend may extend easily more than a month.
Mid-cap and Small cap indices where valuation were very high will be brought down to near realistic figures.
So, keep cash in hand, wait and let's see for me...
Mid-cap and Small cap indices where valuation were very high will be brought down to near realistic figures.
So, keep cash in hand, wait and let's see for me...
Last edited:
anmolbhard004
Disciple
yes never catch a falling knife, let it fall more
Tracer_Bullet
Adept
In bull markets this works. In bear markets, what seems like bad exit would look like good exit in a few months.
In my experience - either one is active or one is not. For most, best not to be active and focus on career. Just do sips, buy extra on crashes and hold for 10-20+ years, hopefully it will work out.
If one is active, you should be already prepared and know what to do based on your research. No need to ask.
kartikoli
Skilled
Chart here https://in.tradingview.com/symbols/USDJPY/
This is the message posted by my trading advisor. Thoughts?
This is the message posted by my trading advisor. Thoughts?
jayanttyagi
Disciple
Shouldn’t it be vice versa? If JPY vs USD falls (weakens) then risk assets will get sold more.
Very few common stock market gyans are good. One that is gold and is rarely practiced is to have an stop loss. Always have an exit strategy for your equity investments. Your exit should not be based on what happened to boarder market on one day. You cannot run away every time you see a 4% drop in an overheated market.
sauravghosh
Adept
The ****ing articles on money control and other similar places by their so called experts need to be immediately stopped. Every time a share goes up slightly they publish an article with a higher target. And every time the share goes down in the following days. I don't know even after all these years why i still fall for these misleading crap.
kartikoli
Skilled
I have 20 shares of Titagarh Rail Systems at 1637, The stop loss was 1500 and when I asked the advisor last friday he said to hold and don't panic. look at the closing price today - 1401.25
Anyways I am not a person who run away seeing a small drop in the market but I like to make informed decisions.
If the yen continues to strengthen, it indicates that the cost of borrowing yen is increasing for investors who had previously taken advantage of Japan's low interest rates. As these investors unwind their trades to return funds to Japan, they may sell off riskier assets, leading to a decline in their prices. Conversely, if the yen weakens again, it may signal that the cost of borrowing remains low, allowing investors to maintain or increase their positions in risk assets, potentially leading to a market rally.In summary, the strength or weakness of the yen serves as a barometer for investor sentiment and behavior regarding risk assets, with significant implications for market dynamics
This is what Perplexity has to say and it make sense too
honest1
Skilled
Why only MoneyControl ?
All business news channels, youtube challens are filled with these so called experts, market gurus, market gyaanis
anmolbhard004
Disciple
best time to buy titagarh was at 1100-1200 anyways whats done is done, try to avg out if possible.
railways and defence had a bullish run
I made same mistake as yours My avg price for mazagon dock/ mazdock is 5300, have 15 shares it closed at 4700 today.
sauravghosh
Adept
Just one example amongst many others, like I mentioned. The money control articles keep appearing on my Google feed. I must stop checking the Google feed. Thankfully I never bothered with YouTube or business channels.
