Throwing Stones At A Mango Tree — Budget Rs. 20000 — May 2020 Series — May 19, 2020

We planned to get some mangoes by throwing a few stones. It turned out that watchman was away. Nobody ran after us. The result was good. Easy pickings on the day. NIFTY fell sharply, banks more sharply and we had two PUT trades in banking stocks. One of the readers has commented on yesterday’s post […]

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May 2020 — Options Buying — Day 12

It was anticipated that market will be slightly weak on Monday. Nothing prepared us for what was to come. The morning trend on SGX NIFTY and the pre open trades was positive. As the day went along, there was more and more selling and NIFTY had more than 300 points fall. Our trades made up […]

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Money In The Bank — May 2020 Series — May 19, 2020

The weakness in market presented itself in a big way yesterday. The biggest contributors to the weakness were banking stocks. The chart of Bank Nifty for the day tells the sorry tale. All of them fell. Other banks too, which are not part of the BANKNIFTY index did the same. But markets are funny. If […]

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