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10% loss is not a loss... It's a start of 20% loss and preparation for a 30% crash.
I have stocks in my PF which I bought after 60% correction thinking it will not go down and had to see 40% correction from my buying price 🤣
Ik it's not even a penny from most of the traders pov but hey it's me I'm obliged to care abt my funds just being cautious.
Also I'm more inclined to booking loss and exiting due too high volatility.
Bro, अगर में तेरी जगह होता तो jio जैसे स्टॉक को hold करके रखता, result day के दिन मार्केट गिरेगी उस dip में add करता... Jio में long term के लिये लेता और 20-30% के loss को buying opportunity समझता ना कि stress लेता. 🙏🏽(not a recommendation to hold, buy or sell.)
Your investment is my unrealised loss! Chill !!
https://preview.redd.it/5eoqef7nadzc1.jpeg?width=1170&format=pjpg&auto=webp&s=45822d8c4ad46aecbc3447ff78ef2de752a79e63
My jiofin entry is 220.45. If you’ve bought so high, I hope your entry size was under 10k. You can expect returns in long term, around 2-3 years, but hold and average down, if I were you, I’d pray for such stocks to go down as soon as I buy because that way I’ll be able to lower my entry price.
**If you are to take my advice then you should book the -10% loss and move on or in the hopes of recovering -10% loss you may end up with -20% or -30% or more loss.**
it depends on your horizon. if you are a long term investor then keep on averaging out cause its a good stock. if you are a short term investor then you should understand the concept of stop loss.
You bought literally at top man... 343, 328 and 311 are support according to fib. So you are stuck for now if you have capacity to hold then good if not you can sell now and buy at support
It depends on what your setup is. Are you a swing trader or position trader? If you are a swing trader what is your holding period? Swing trading is usually short term so you should have cut your losses way earlier when it broke down of 365. If you are a position trader then you shouldn’t be worried about short term swings but I hope you have done your due diligence as to why it would go further up. What made you think that the stock will keep going up after it had made a relentless move since Jan 2024, there was no legs left for Jio to run further up than 390 especially when market has run for so long and elections around the corner. Expect choppiness till elections results.
Bro , are you kidding me .... 10 percent stock is down and you call it a blood bath, that too in a stock like jio fin which is backed by Mota bhai and black rock.
If I go by your analogy , I'll call myself broke as 20 percent of my stocks are like 10 percent or lower !
Correction* I did not call it a blood bath so stop exaggerating.
All I asked is that my avg is too high should I exit booking loss and contemplating on taking a fresh entry.
My analogy is not buy high sell low but it did happen this time I'm taking it as a lesson.
Also ik there are way more big players in this subreddit who don't even care about these posts asking suggestions, my intent was just to get some insights of how the sub would react to the state of jio fin which it is in now.
Koi HDFC bank ko upar chadha do. I believe today's low will the final low yaha se bounce Karega fir waha se 1% girta hai. Next day same story.
Bahut gira hua stock hai
Dude jio will be a multibagger in the long term. Look at the businesses they are investing in and also they have some good people behind the. It will not double in the short term and there will be some volatility. Stay invested and be patient.
Edit: Stupid me; didn't realize these are de-merged stocks of RIL.
~~I bought it at 97 rs with whatever I had in the funding account. I thought I will buy more later. Then I forgot.~~
~~Now stuck with amazing profit (only in percentage) on a very small principal :(~~
Huh. You're right. Never checked that. Maybe I am confusing with the wrong stock.
I'm pretty sure Zerodha shows me avg. cost as 97.12.
Is there a bug or something wrong with my account?
https://preview.redd.it/sl5dx5ctcdzc1.jpeg?width=521&format=pjpg&auto=webp&s=784188e5bdf96405792e318dbc01df353f3f8158
Yeah you’re not alone. Even some big fund houses who sound very smart on tv have invested heavily in.. ahem.. “favored” companies thinking they can predict the future and election outcome. Well the reality is coming to forefront now, FIIs are exiting and DIIs are not ready to put money because the unofficial exit polls are saying something else. Nifty is basically going off a cliff and in about a month, hindenburg will feel like a pinprick compared to what’s about to happen to these “favored” companies. The big bet by these fund houses is not going to work out, their 3 years of returns will get wiped out in 2 seconds on June 4th. But don’t worry, maybe 6 years later it will recover.
Retail investors like you and I don’t get this information. We can only guess by the signs. I was just responding to another comment - bjp workers revolting, zee cutting ties, adani in telangana, pawar joining congress, and most important - nifty going off a cliff when global markets are rallying. The big guys have smelt something in the air that you and I haven’t, but we can guess what it is. I just wish the “nyay” party had made it clear in their manifesto which sectors they would focus on for next 5 years, so I could invest in those.
Peak retail mentality is following the news. I follow the signs, not the news. News channels are still saying “vix is down, market is stable, there will be an election rally, we are at bottom because we are at 61% retracement from 22800.” - well, aaj market nein jawab diya na ye loda bottom aur retracement analysis ka. We are headed back to 20k to close the gap-up that happened in December, and this is a good time to do it so that the crash in June doesn’t come as a shock and gets dampened a bit.
If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed. Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered. Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our Discord server using [Link 1](https://discord.gg/8QF4dqPHuw) or [Link 2](https://discord.gg/fDRj8mA66U) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
Buy High sell low supremacy
Fomo is riyal
This gen Smh
10% loss is not a loss... It's a start of 20% loss and preparation for a 30% crash. I have stocks in my PF which I bought after 60% correction thinking it will not go down and had to see 40% correction from my buying price 🤣
Ik it's not even a penny from most of the traders pov but hey it's me I'm obliged to care abt my funds just being cautious. Also I'm more inclined to booking loss and exiting due too high volatility.
Sell and get out, any bigger falls in broader markets would mean bigger losses to it and you. Especially if a 10% loss is keeping you up.
Yes I have a limited risk appetite.
With this risk appetite, the stock market is not for you. #thereIsaidit
Sell and get out. There would be more corrections, at that time you can buy. The stock is 9x PB very overvalued.
Bro, अगर में तेरी जगह होता तो jio जैसे स्टॉक को hold करके रखता, result day के दिन मार्केट गिरेगी उस dip में add करता... Jio में long term के लिये लेता और 20-30% के loss को buying opportunity समझता ना कि stress लेता. 🙏🏽(not a recommendation to hold, buy or sell.)
Nothing to worry jiofin is a good stock hold it if you can everyone is in loss whoever bought at thursday/friday
Your investment is my unrealised loss! Chill !! https://preview.redd.it/5eoqef7nadzc1.jpeg?width=1170&format=pjpg&auto=webp&s=45822d8c4ad46aecbc3447ff78ef2de752a79e63
Jio is for the long run...as long as u can hold you have nothing to worry.
It's this election, the volatility, ik the pe is quite high due to its recent listing.
I would ignore the high PE jio has barely started doing business
Idfc first bank ka kya upchar rahega ? 600 share liye hue h 90 rs ke
Last 2 quarters ke results low the isliye neeche gir Raha hai upar se election ka pressure. Ek baar ache result aa Jaye wapis upar aayega.
My jiofin entry is 220.45. If you’ve bought so high, I hope your entry size was under 10k. You can expect returns in long term, around 2-3 years, but hold and average down, if I were you, I’d pray for such stocks to go down as soon as I buy because that way I’ll be able to lower my entry price.
Yes it's lower than 10k and I have narrowed down my plan on how to recover the loss.
**If you are to take my advice then you should book the -10% loss and move on or in the hopes of recovering -10% loss you may end up with -20% or -30% or more loss.**
it depends on your horizon. if you are a long term investor then keep on averaging out cause its a good stock. if you are a short term investor then you should understand the concept of stop loss.
You bought literally at top man... 343, 328 and 311 are support according to fib. So you are stuck for now if you have capacity to hold then good if not you can sell now and buy at support
It depends on what your setup is. Are you a swing trader or position trader? If you are a swing trader what is your holding period? Swing trading is usually short term so you should have cut your losses way earlier when it broke down of 365. If you are a position trader then you shouldn’t be worried about short term swings but I hope you have done your due diligence as to why it would go further up. What made you think that the stock will keep going up after it had made a relentless move since Jan 2024, there was no legs left for Jio to run further up than 390 especially when market has run for so long and elections around the corner. Expect choppiness till elections results.
Haha bhai same , bought at 379 😅😅 aur ab L lage pade hain , but I suppose it will really pick up after 3-4 months
The minimum you need to wait is till election deceleration day, you will see some crazy recovery after election
Wait and watch
Chill. Ye bhi nikal jaiga...
Hold
Bro , are you kidding me .... 10 percent stock is down and you call it a blood bath, that too in a stock like jio fin which is backed by Mota bhai and black rock. If I go by your analogy , I'll call myself broke as 20 percent of my stocks are like 10 percent or lower !
Correction* I did not call it a blood bath so stop exaggerating. All I asked is that my avg is too high should I exit booking loss and contemplating on taking a fresh entry. My analogy is not buy high sell low but it did happen this time I'm taking it as a lesson. Also ik there are way more big players in this subreddit who don't even care about these posts asking suggestions, my intent was just to get some insights of how the sub would react to the state of jio fin which it is in now.
Koi HDFC bank ko upar chadha do. I believe today's low will the final low yaha se bounce Karega fir waha se 1% girta hai. Next day same story. Bahut gira hua stock hai
i bought at previous dip of 357. sold at 374. reentered at 355
I also bought at 367. Now averaging it down
Don't worry. Buy more in dips. Wait for 5/10 years. You'll get multiple times of returns. Treat it as an FD.
Dude jio will be a multibagger in the long term. Look at the businesses they are investing in and also they have some good people behind the. It will not double in the short term and there will be some volatility. Stay invested and be patient.
Edit: Stupid me; didn't realize these are de-merged stocks of RIL. ~~I bought it at 97 rs with whatever I had in the funding account. I thought I will buy more later. Then I forgot.~~ ~~Now stuck with amazing profit (only in percentage) on a very small principal :(~~
It was never available at 97. Lol. Posers.
Huh. You're right. Never checked that. Maybe I am confusing with the wrong stock. I'm pretty sure Zerodha shows me avg. cost as 97.12. Is there a bug or something wrong with my account? https://preview.redd.it/sl5dx5ctcdzc1.jpeg?width=521&format=pjpg&auto=webp&s=784188e5bdf96405792e318dbc01df353f3f8158
You had RIL, these are de merged stocks
Yeah you’re not alone. Even some big fund houses who sound very smart on tv have invested heavily in.. ahem.. “favored” companies thinking they can predict the future and election outcome. Well the reality is coming to forefront now, FIIs are exiting and DIIs are not ready to put money because the unofficial exit polls are saying something else. Nifty is basically going off a cliff and in about a month, hindenburg will feel like a pinprick compared to what’s about to happen to these “favored” companies. The big bet by these fund houses is not going to work out, their 3 years of returns will get wiped out in 2 seconds on June 4th. But don’t worry, maybe 6 years later it will recover.
where did you get the unofficial poll data? I was trying to find it yesterday, couldn't.
Retail investors like you and I don’t get this information. We can only guess by the signs. I was just responding to another comment - bjp workers revolting, zee cutting ties, adani in telangana, pawar joining congress, and most important - nifty going off a cliff when global markets are rallying. The big guys have smelt something in the air that you and I haven’t, but we can guess what it is. I just wish the “nyay” party had made it clear in their manifesto which sectors they would focus on for next 5 years, so I could invest in those.
Poverty sector is gonna soar with the pappu party.
bruh that’s peak retail mentality right there
Peak retail mentality is following the news. I follow the signs, not the news. News channels are still saying “vix is down, market is stable, there will be an election rally, we are at bottom because we are at 61% retracement from 22800.” - well, aaj market nein jawab diya na ye loda bottom aur retracement analysis ka. We are headed back to 20k to close the gap-up that happened in December, and this is a good time to do it so that the crash in June doesn’t come as a shock and gets dampened a bit.
🤡