bangalorean
Short

Multi bagger Opportunity

NSE:NIFTY   Nifty 50 Index
Blindly short nifty on every higher level, now nifty at 11533. Don't buy put, either short nifty future or write option as the premium is too high.
Trade active: hopefully already in profit wait for very high gain
Trade active
The funny thing over bought market is that it can stay over bought for long time frame than most of people can hold on to shorts. Same goes with EPS.
+2 Reply
@French_Fries, for me overbought/oversold is a myth as well as overrated :p
+1 Reply
French_Fries yogi_sharma_elliottician
@yogi_sharma_elliottician, money is a myth bro.
+1 Reply
bangalorean French_Fries
@French_Fries, TIME WILL TELL
+1 Reply
French_Fries bangalorean
@bangalorean, why do you type that in all caps? Did I said that it’s not overvalued, yes it is overvalued. Most of us can see that. All I said that there is no guarantee that it will come down in a way you are proposing here with that “MultiBagger Opportunity ”.
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bangalorean French_Fries
@French_Fries, as TIME is more powerful than us
+1 Reply
French_Fries bangalorean
@bangalorean, lol yeah I didn’t knew that.
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bangalorean French_Fries
@French_Fries, nifty upside from here as per the most report 1000 pts downside (11500-8800)=2700pts, isn't a multi-bagger opportunity?
+1 Reply
bangalorean yogi_sharma_elliottician
hopefully, you validate the correction, its of two types, 1.price based, 2. time based, from this nifty EPS has to grow 15% of two consecutive yr, do you think co's can grow their Net profit for 15%? if yes, then best of luck take the loan and buy the share else wait for the mayhem. @yogi_sharma_elliottician,
+2 Reply
@bangalorean, Oh no, don't take it wrong, I am sure you're great trader/investor/analyst, it's just my personal view because I am not a long term trader/investor. I do not understand anything like EPS time based or anything fundamental, honestly I don't know meaning of EPS as well. So I am not even criticizing you or something, just my style. It seems you know better, you doing well, keep it up. :) If nifty falls as per your view, I will sell every possible move if not still fine.
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