SparklyRaccoon
SparklyRaccoon

MARKETS ARE AT A VERY FUNNY SITUATION RIGHT NOW 😂

Every Newbie market participant wants the market to fall.

People with some experience like me feel that markets are very stretched and it should fall.

Even a seasoned trader/Investor would say that markets have gone up a lot and it should be correct.

Almost every participant is in the same boat hoping and waiting for a sudden fall to come any day 😂

I don't think markets are going to fall when everybody is cautious. It may remain in a broad range of 5-7% on both sides, frustrate a lot of participants until election and then move in either direction. Meanwhile stock specific movement will continue on the upside.

It's so funny that everyone is patiently waiting and hoping for a fall 😂

10mo ago
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FloatingLlama
FloatingLlama

yesterday was a bit chance for put option. i have easily diluted 35k in 2weeks with put call. market remained in sidebase

SparklyRaccoon
SparklyRaccoon

I don't touch options at all. But a lot of premium erosion has happened in the last 3,4 days.

I have seen a lot of people on twitter who lost 10-25% capital in a single day. Its scary.
I won't be able to sleep for a month if 10-25% of my capital gets wiped out in 1 session lol

FloatingLlama
FloatingLlama

whats the range of your capital. Also i have dumped some loan money on pfc today your view

DancingHamster
DancingHamster

And then there’s a group of investors like me, who want the market to correct to some extent so that I can invest 1.5L for 80D🥲

SparklyRaccoon
SparklyRaccoon

what do you mean by 80D ?

DancingHamster
DancingHamster

Sorry🥲 *80C ELSS MF

GoofyPotato
GoofyPotato

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SqueakyMuffin
SqueakyMuffin
Zomato10mo

You know that your PF is anyway a part of 80C. You needn't force invest into ELSS funds just to claim tax break. Most likely it's happening by itself.

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Personal Finance

[Must Read] Markets will Correct 📉

  • Central Banks have almost achieved their objective of controlling inflation through tightened monetary policy. Though the CPI is inching lower, asset inflation is resurfacing through stock prices and real estate.
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user

Man, not one month of 2024 has completed, and hoping for a good 2025. Tough times!

Personal Finance

STOCK MARKETS - THE FALL

Nifty down 1.6% , Bank nifty down 2.5%, Realty down 5% , Metal down 3.5%.

I get happy when the market rises, but i get extremely happy when it falls or correct :) Let the fall begin 🙌🏻

P.S - I am a long only trader.