This is good results to me
BAJAJ FINANCE - Q1 FY19 (Cons)
Revenue (39%) 3936.45 Cr vs 2832.85 Cr YoY
PAT of (81.4%) 835.89 Cr vs 460.91 Cr YoY
EPS (in Rs.) 14.53 vs 8.42 YoY
Why did the stock tumble any idea? I expected it to shoot high
Watch this Video to understand , why this happens.
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You forgot to watch that video.
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Newbie in the markets?
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He is lucky he didnt trade on Axis Bank Q4 results, that would have been his first and last day in markets LOL
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Well it rallied today
Exact same game like RELIANCE, on day of that Jio demo, it went down. When all retailers booked losses, then it zoomed from 970 to 1120 in one week
Yes.Will it shoot?- is easy to understand. When will it shoot?- is difficult to understand/predict
Will it shoot also not easy to understand
BAJFINANCE is different scenario, otherwise some stocks continue downtrend even after good results for days or weeks
BAJFINANCE is one of top 3 MOST OPERATED stocks in market, so this game is different
There’s any list of them? Or from where you found that?
Just my observation . . .
Yeah, there must be many like this
That share is very dirty, i have tried doing intraday in that and feel its worst to do intraday unless u have big stop loss capacity
Even on non-event days, it moves like an operated stock, its like operators are active on it every minute of every trading session throughout the year
These are just my opinions I may be wrong but I really feel its easily in top 3 operated stock
I would say its the TOP MOST but then HDFC Bank is used all time to manipulate Nifty and Bank Nifty so I settle with Top 3 for Bajfinance
Yeah many scrips are not just at sometimes but always manipulated,
Banks may be operated on Wednesday and Thursday due to Bank nifty expiry in certain cases only
but I believed fno doesn’t affects but is affected by and depends on equity. How can the reverse be true
Operators have set levels for Bank nifty expiry, so to attain that, they can move Banking stocks as they want
so it becomes a motive for manipulation
Two years back, I used to trade BajFin a lot. On all the occasions I made decent gains in BajFin. Thoda late jab akal aayi, tab pata chala BajFin is an investment stock. Just buy and keep adding declines and don’t trade.
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