October 2020 — Options Buying — Day 09

Market has just ignored every negative and chosen to move up with determination. That was seen yesterday as the initial down move was brushed aside and the up move continued. This level is the highest since the lows of March 2020. What happens next is left to the people who talk on TV. We are […]

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Bucking The Trend — October 2020 Series — October 08, 2020

On a day when NIFTY gained yet another 76 points, we had COALINDIA and NTPC both moving down. The down move helped in closing the trade in COALINDIA. NTPC trades are still there. The opportunity to book Rs. 4000 profit did not arise. We wait with the trades. Caution: We are having a good run […]

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Money In The Bank — October 2020 Series — October 08, 2020

Yesterday banking stocks were a bit subdued. Action was elsewhere in the market. At one stage, BANKNIFTY was down more than 200 points but managed to recover and end up with some gains. HDFCBANK did better than the index and KOTAKBANK was a loser for the day. Our trades did not do much and stayed […]

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Weekly Warrior — Nifty/ Bank Nifty — October 08 Expiry — Day 04

NIFTY continued with its upward march after being in the red in the early trades. It looked as if our loss will come down as the market moved lower but then things changed for the worse. NIFTY moved up and stayed there. We has CALL 11500 at one end. Once NIFTY moved beyond 11700 we […]

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