May 2020 — Options Buying — Day 07

For the record NIFTY ended flat for the day. Down just 12 points. It was actually not flat. It was a fall from the early morning high of 9439. All the gain frittered away with Banking Sector leading the fall. The support to the index came from Automobile Sector which is already down in the […]

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Money In The Bank — May 2020 Series — May 12, 2020

The day was not good for the banking stocks. Yesterday, the move in BANKNIFTY confirmed that the banking sector is really weak. NIFTY lost just 0.13% on the day while BANKNIFTY went on to lose 2.08%. Unfortuntely, the fall was led by ICICIBANK and later in the day HDFCBANK and KOTAKBANK became willing participants in […]

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The Lazy Trader — May 2020 — May 12, 2020

Being lazy is not helping in the May series. Yesterday turned out to be another bad day for our set up. Nifty had moved up to 9439.90 in the early trades and by end of day was down to 9239.20. A down move of 200 points from the day’s high. RELIANCE moved within an inch […]

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