maruti futures....cmp .....sell
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it may fall further...but I book...cmp 4138
cmp 4143....so our TITLE 4157 has become some sort of a Laxman Rekha.....lets see if it crosses it
re-enter yet again...cmp 4156.7
book for the time being...4140
cmp 4135....now this update is not to show that my call is good.....otherwise some irritating elements will come with an agenda to disturb the harmony of this thread
now if it is any other field you can work 18 hours a day and work hard....
but in stock market to trade in equity Fand O you can work only 6 hours daily...so even if you want to work hard it is not possible.....hence 12 years of experience in share market dies down to only 4 years in other fields.....thats one reason it takes a long time to become proficient in shares
after more than 17000 hours of trading will it make any difference? I have hardly anything to prove to anyone
people here in mudraa know a lot many stories much more than me.....
but just think if someone suggests a stock and gives a lot of reading material about it....once the call fails he/she will look like a fool or joker....How odd it is? thats why people dont go telling stories....but I dont mind whatever people think about me even if my call fails
if there is something wrong in the story kindly correct me because I am too lazy to check out the facts....
technically Maruti can stay in the positive zone for a few more days.....but that is expected after a minor pullback from a small H&S fall....but do technicals matter a lot today? all are chartists nowadays
now the crux is that to what extent Maruti is hedged? ...RC Bhargava doesnot reveal...he repeatedly keeps saying hedged hedged.....inspite of repeated prompts by the CNBC team he says cant say.....I dont understand what is this cant say....
so that means he is not willing to pump up the stock....anyway
later after his death the govt with the help of Suzuki restarted it in 1981....RC Bhargava then a young IAS officer was entrusted with the job by Indira gandhi ....now he is 81
has a market cap of 125330 crores.....huge....hence less fluctuant to any big manipulation...
what started in 1970s on some 280 acres of land initially by Sanjay Gandhis efforts baecame a failure and had to be closed
cmp 4148....today maynot move much....but if we can wait then
whatever hedge has been done by Maruti...half a percentage rise in yen impacts Maruti 10 bps
already from 120 to 105 levels aprreciated with respect to US currency
logic....yesterdays selling should follow through after a slight pullback
or buy 3900 strike put....cmp 16.4
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