Stock Market Humor

I was expecting the nifty to touch :dart:23725 after the budget.

After Today’s shoot up📈, in order to touch 23725 it would have to fall by ~4.5% from current levels

Will see…:eyes:

This is mere speculation and not backed by anything, I am not a trader.

Why 23725 in specific ?

Oh, I belive that is where the 50 day EMA is positioned currently or is somewhere close to.

And just to clarify, i didn’t mean that 23725 would be the lowest point or it would not drop further from there, i was assuming if it ever touches that level, the markets would not drop significantly beyond that.

I was just assuming that since there has been continuous uptrend since the election results, and normally there would be some profit booking leading to correction.

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@Jason_Castelino not i am i am investing in SIP method in mutual fund from 2012 , but i seen in social media , there is lot of noise people are waiting for big correction,

In my opinion there is no need correction any more, ln nifty

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I am there. No shame in admitting it. Got it totally wrong. Siting with 89percent in debt funds. 11% equity is the least I have ever reached since I started investing.
I can wait for 2 more years also. I won’t have fomo.

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same here 55% in debt/liquidbees/gsec, 15% in FDR, 8% in PPF, around 12% in equity and rest 10% is trading capital. In last 2 years, I have diluted a lot of equity and converted into debt, due to which I may have lost good opportunities, but still I am happy with overall portfolio giving 9-10%

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bhai log, i am 0 %in Equity :).

Just want to have more control, so in next few years ill hopefully find tested systems and then ill start investing again + pledge.

When i started investing 2008 happened soon after. Then i invested/held till 2 years back. Returns were moderate for the most part and only improved after covid recovery and continuation. Then once i got out, all animal spirits came back and ran with small caps/ midcaps / govt stocks etc. Even penny stocks are multiplying, hehe.

Once i start again i am sure we will face tough times soon after.

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It’s high time you start. :pray:

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That’s selfish bro😂

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In public interest. Retailers are waiting with a lot of cash. :stuck_out_tongue_closed_eyes:

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now it’s 3/10. or 30% for day trading as per new SEBI research reports. For married clan, its higher.

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Bitcoin Fall Fail GIF

I think that guy starts buying :grimacing:

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Did you start? :stuck_out_tongue_winking_eye:

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Please my bro buy with all your savings and if necessary sell your house and jwellery :sob:

na man, ww3 could happen. It would be very irresponsible to start now. Wont forgive myself if i caused that to happen. :slight_smile:

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Crazy memes…
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