1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Are we into recession zone

Discussion in 'Fundamental Analysis' started by moiz_bhanpurawala, Sep 3, 2019.

  1. moiz_bhanpurawala

    moiz_bhanpurawala Member

    Joined:
    Sep 1, 2019
    Messages:
    5
    Likes Received:
    7
    Recent changes into gobal market.
    Man made crises us china war, brexit.
    Sensex fallen to 700 plus point
    After since election there is nothing much positive coming for goverment.
    Monetray policy by goverment is not working.
    Do we still beleive india has potential to do more? Investor sentiment has effected badly
    What are your views.

    Please share your views ans update regarding your portfolio
    I am holding 13oo units of yes bank not sure what to do with that?

    Sent from my SM-G610F using DIY Technical Analysis mobile app
     
    nirajshah and chaitanya_mella like this.
  2. fbendish

    fbendish Member

    Joined:
    Aug 6, 2019
    Messages:
    5
    Likes Received:
    6
    I am holding more than 5k of Yes Bank. There is nothing much we can do for Yes Bank. The stock has been hammered by news, news and more bad news. In fact what I feel is that there is nothing more bad can happen to the stock besides it dipping down to 40 levels. That would be the final bottom if it happens. Give some quarters and it will surely recover. It's not a dead Bank.

    I would not say we are in recession yet. We might enter one soon if sentiments don't change for good. But I don't see any positive news coming in the near future. Things have gone from bad to worst. Government intervention has not worked at all. In fact it has further spiked the negative sentiments.
     
  3. moiz_bhanpurawala

    moiz_bhanpurawala Member

    Joined:
    Sep 1, 2019
    Messages:
    5
    Likes Received:
    7
    Thanks for your view.

    Do you thinking merging of 12 psu bank will help government to save this bank.

    Thanks
    Moiz Bhanpurawala


    Sent from my SM-G610F using DIY Technical Analysis mobile app
     
    nirajshah likes this.
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    Yes bank was the wrong stock you purchased but as already said, there is little to be doing it now.

    But my view is, we are not in a recession but we are in a slow growth phase. As we a re used to higher growth, valuations in India are higher and they are correcting. Now will the slow growth even slow further we can't say but government is doing what it was suppose to do. Because there are so many talks of job loss, people are skeptical to spending and that is the main problem. This is what I think.
     
  5. moiz_bhanpurawala

    moiz_bhanpurawala Member

    Joined:
    Sep 1, 2019
    Messages:
    5
    Likes Received:
    7
    Why the price price of yes bank has fallen?
    What is the main reason un like dhfl.

    Thanks
    Moiz bhanpurawala

    Sent from my SM-G610F using DIY Technical Analysis mobile app
     
    nirajshah likes this.
  6. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    Read the news and you will know. Management taking some bad decisions.
     
    nirajshah likes this.