Multi bagger Opportunity Short

Nifty 50 IndexNSE

Description

⋅ Mar 19, 2019 6:54 PM

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

⋅ Mar 25, 2019 3:48 PM

hopefully already in profit wait for very high gain

Trade active

⋅ Apr 11, 2019 8:21 PM

Comments

French_Fries

⋅ Mar 20, 2019 12:08 PM

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.

yogi_sharma_elliottician

⋅ Mar 20, 2019 12:44 PM

@French_Fries, for me overbought/oversold is a myth as well as overrated :p

French_Fries

⋅ Mar 20, 2019 1:22 PM

@yogi_sharma_elliottician, money is a myth bro.

bangalorean

⋅ Mar 20, 2019 2:28 PM

@French_Fries, TIME WILL TELL

French_Fries

⋅ Mar 20, 2019 2:41 PM

@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 ”.

bangalorean

⋅ Mar 20, 2019 2:43 PM

@French_Fries, as TIME is more powerful than us

French_Fries

⋅ Mar 20, 2019 2:50 PM

@bangalorean, lol yeah I didn’t knew that.

bangalorean

⋅ Mar 20, 2019 2:44 PM

@French_Fries, nifty upside from here as per the most report 1000 pts downside (11500-8800)=2700pts, isn't a multi-bagger opportunity?

bangalorean

⋅ Mar 20, 2019 2:34 PM

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,

yogi_sharma_elliottician

⋅ Mar 20, 2019 4:14 PM

@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.