PVR seems very WEAK pvr
stock not participating in market rally
an upmove likely top be a bull trap i feel
i personally like to go /stay short as long as its trading below 1328/1348 area
thus buying a ce of 1300 odd area by selling 1400
as well as shorting a pe of 1000 odd levels and future short can overall poroove to be a safe thing with a good RR
Bollywood
Weekend Special: Nifty & Bollywood... kuch toh connection hai!!!
It's a lazy weekend & Imagine you are watching a Hindi movie especially an old Hindi movie.
The film starts with all happy happy moments and then slowly things start to fall apart. Fast forward a little & all the bad thing that could happen, starts happening to the hero or hero’s family.
In between, some side actors pop up to give us one or 2 lighter moments in that tense scenario.
Come to the climax scene. The Hero identifies the culprit / main villain and starts the main fight. We then see the villain or his side kick taking hold of the Hero’s mother / lover and forces our hero in the corner, gets him unarmed and then keeps hitting him left right, left right, left right till the time he falls down, completely exhausted and almost dead.
Here, we see the villain instead of finishing off the business enters into unnecessary dialogues and keeps teasing the Hero & his mother / lover. And then comes the most famous part that famous dialogue, “Agar Ma ka doodh piya hai to uth aur le apna badla” (get up & take your revenge)or Hero sees that Bargat ka ped and God knows what suddenly happens... from that near dead condition, his one breath has the energy to blow away the wind and if you are watching that South dubbed movie, oh ho ho… I tell you, forget the wind, you will witness gravity defying logics that will just blow your mind... Mind it!!! The energy, the power, the aggression, the expression, my God, put them altogether; & it will put chill in the air for villain & Company. Our Hero not only just gets up but also defeats his counterpart in no time. And the movie turns out to be a supper hit movie. A super hit formula.
Come to trading, the scenes are no different. Market is going up. All seems fine and happy. Then slowly Market starts faltering. Even in good news, we see Mr Market giving away it’s gain. Then comes a time when Mr Market keeps getting hit from all sides and starts tumbling.
In between we see some relief rallies.
Things start looking so bad everywhere to such a point that Mr Market looks down & out, done & dusted. There seems to be no hope or respite.
We also hear many commentaries like dooms day ahead, market not out of the woods...
And in this situation Market starts rising to no one’s expectation.
We question the market movement, Many say it’s all manipulated. Many are surprised how the market (Hero) has rallied especially after hearing the commentaries, especially when the economic condition is so much deteriorated ? (Mother / lover being at the mercy of Bears gunpoint).
But, if you see, in actuality, our market has just followed a typical Bollywood masala movie formula.
So don’t blame the market. May be, it has watched too many Bollywood movies off late ;-) and who knows it may repeat the same cycle again in future...
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Disclaimer: Any co-relation between market and movies is purely fictitious.
Any similarity to actual persons feeling the same after reading is purely coincidental.
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Wow.. u guys actually made it till here.... look like Avengers / Marvel fans... :-)
No after credit scene here guys ;-)
But if u enjoyed reading this and ur heart says " Ye Dil maange More" u can read my analogies on cricket & Art of war
Thanks & have a good day...!!!