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I have no Telegram channel,no FB,no paid service,no WhatsApp group,we have only this Twitter AC & sharing just knowledge for educational purposes & not Buy/Sell recommendations,Do your own study before act! I have no responsibility on your profit/loss
Tomorrow index expiry... Again tax cutting news flying in social media!!! How many times using same news for manipulation??!!
"When we throw a ball to the ground, it is normal for it to bounce back, but whether it bounces higher than the level from which it was thrown is what matters"!!.
"I haven't seen any stock names with rocket symbols labeled as 'Diwali picks' on any social media so far!. There are only 10 days left for Diwali Muhurat trading!. This is indeed a positive development"!!.
Greed and fear...!!
Fund managers and the media hype the multi-bagger craze to retail investors, preventing them from selling their shares for profits, when a big crash happens, they sell @ a loss & leave the market altogether. It is not possible for all the shares bought to become multibaggers!.
"Create a concentrated portfolio for momentum plays exclusively for those who know when to buy and sell; a concentrated portfolio is never suitable for long-term investment under any circumstances"!!.
The discussion on social media that both DIIs & FIIs were buyers in yesterday's market, meaning retail investors sold. FIIs and DIIs buy when retail investors sell in a panic & FIIs sell when retail investors & DIIs buy in FOMO. This is a natural process of the market!!
"For the past two years, the index has bottomed out several times!. But the interesting part is In just a few days, the index broke the old low"!!
Last week index expiry day artificial tax cut news lifted index 400 points! Today index expiry day FM statement crashed index along with mid & small caps stocks! Single line says this market opening 9 am & closing 3.30 pm only for speculation purposes!!
Bought few hexagon...
Not buy/sell recommendations
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