iCharts Discussions

[SUNILARORA]

Dear Ichart Members

I want to know whether this fall is a good opportunity to invest in good stocks or still one investor should try to exit.

around which level you are expecting this fall to end

which are the best sectors to look for investment and favorite Pick in that sector

Regards
Sunil Arora

[anand4v_12]

4, 5 Part timely we can buy

[sri aish2]

i feel still more pain left, start buying slowly when there is lot of talk about bear market on tv shows .This fall was aniticipated and cautioned few traders in the last week of october,2015.

[Hydrogen]

Sunil
Why don't you build a strategy for investment and work on that instead of asking readymade solution

Or

Work on any strategy rules given here for investment and share your experience

So other will learn something from you

If you can pick right stock even in falling market you can win.

Let me tell you I am a failure in stock investment

[vinay28]

[pkholla]

Sunil: Many writers have focussed on crash of Oct 1929. Even bluest chips with solid earnings crashed and kept on crashing. There was panic as investors just threw shares at their brokers: SELL! Orders were delayed three hours or more, or delayed to next day as the volume was huge.
Greed and panic will strike again and again as these are basic human qualities. We must take advantage of these traits
No one can predict the bottom. But you can buy slowly and average out (called SIPping in MF)
Major lesson learnt by American pundits from 1929 crash was that people started buying blue chips too early, thinking that say ABC has reached 10 or 15 or 20% of price that was before Oct 1929? = Bottom? Wrong, there was further pain left even for these stocks
But the blue chips recovered fast from bottom unlike duds which remained there until next unreal boom. You need patience BUT you never really lose on blue chips like ITC if u have patience
1) Lesson to be learnt by us? Start buying blue chips like LT, ITC, HUL, with solid businesses and earnings, management, vision, as these will recover FIRST from carnage. Buy these blue chips at annual bottoms or at level where there was support earlier in daily candles chart. For now focus on Top 100 or 200 NSE, and even here ignore Govt stocks, stocks with price control (eg HP, BP, IOC), ignore stocks in sectors already out of favor like mining, ignore stocks with lousy promoters like Mallariya.
2) Do more intra day, use indicators you trust to find stocks most likely shooting up or falling that day and go long or short, exit when in profit, re-enter. Trading volumes are important, avoid stocks with low volume.
Avoid taking delivery. Recently I squared off Titan at cost price, Rs 350, taking a Rs 160 loss! The share opened Rs 10 lower next day
Jai Hind, Prakash Holla