u were rt sir...experience matters... i shud listen to u... i got a chance of exiting long at 196 but i didnt since vikraant was too bulish and somehow i got convinced....
can u pls suggest wat to do with Auro future holding at 199... am in huge losses rt now...and if today it didnt get close over 182...i will have to exit as noe enough cash for MTM.....pls suggest
Feb 7 has come and gone,not given gains ......feb 13 also coming,but no indication of gains appeared..... So, beware of paid analysts whose expectations may fail or miss to achieve speculative targets..... Yes Auro may go up on its strong fundamentals,but that doesn`t mean the scrip moves up whenever we take long speculative position..... Need to think twice while taking either long or short naked position in scrip like Auro......
Auro will be good in medium to long term for investment..... But daily targets and disappointments may hurt sentiments and feelings of the genuine investors..... Mere speculation may frequently give losses in many counters..... So, better avoid extra speculation at least in scrips like Auro.....
Few boarders loosing money here as well as paying for the information or calls to paid servers who may give wrong or missing information to these innocent boarders..... Based on that information or call,investors shouldn`t take decision to take speculative position..... Of course some times,they may be correct but many times those calls proven wrong in many counters frequently...... Paying to somebody and loosing in scrip not good for investor or small trader.....
Having said this,lest it be misconstrued, there is surely excitement to be in Auro but not in the product approvals, which are routine in nature for any pharma company! :-)
Nifty too on weaker note ..... Auro may turn weaker below 180 technically and may become stronger fundamentally..... Speculators may be in confusing state including so called operators.....
Getting approvals has been regular phenomena for Aurobindo for the past many years...... Where is the special excitement now for getting for one or two products....
Forget about short term bullish targets,many long term investors and well wishes of this scrip may be happy if the scrip doesn`t fall much from present price.....