Most say market players are pumping & dumping. But we need to understand without any involvement of stronger party no stock will move up though companies perform well in [b]our market. Because CSE goes with a trend & rally. So we have to be intelligent when taking decisions.
So as investors get in at pumping level (attentive price- low P/E & price below NAV) & exit at prices reach at industry P/E or above NAV (if u bought at below NAV).
DAY TRADING- if u bought a stock today get out today itself or next day morning at a profit or loss. Don't hold on to it (stick to the policy).
When investing have a cut loss policy. When market falls it will not be as rosy as now.
Cut stocks say @ 20% loss level. Don't hesitate. You will save your capital at least.
Please note MARKET P/E approaching 20.