Staying Foolish, Staying Hopeful — December 2020 Series — November 27

Just a look at NIFTY move yesterday. PUTS lost out on the day and CALLS did not cover that loss. That takes us back to our normal losing zone. We do not take any new trades. Trade cautiously, trade profitably. Disclaimer: This post and examples are for teaching purpose only and are not meant as […]

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Money In The Bank — December 2020 Series — November 27, 2020

Yesterday was just the reverse of previous day. Early down move turned into a big up move. This helped our trade set up to get back into better profit. All we need to do at this stage is just wait. Trade cautiously, trade profitably. Disclaimer: This post and examples are for teaching purpose only and […]

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Bucking The Trend — December 2020 Series — November 26, 2020

After making a low at 11790, NIFTY made a tremendous up move. Yesterday, the index almost wiped out the entire loss of previous day. The moves tell us that big volatility is the order of the day. Because of this move, our trades got back into profit. We stay with the trades. Trade catiously, trade […]

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Staying Foolish, Staying Hopeful — December 2020 Series — November 26, 2020

The day was a roller coaster. It began with a bang as yet another all time high was made at 13145.85. It ended with a whimper and traders were looking where to hide as it moved below 12900. We could get our 4 trades — 2 CALLS, 2 PUTS at the desired prices. As was […]

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Money In The Bank — December 2020 Series — November 26, 2020

BANKNIFTY took a dive after gaining in the early part of the day. The big loser was KOTAKBANK which had been a stellar performer throughout the November Series. I had written yesterday that we should not expect a smooth ride to profit. Things look simple but they are not. Yesterday’s move was a lesson in […]

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Not So Lazy/ Bucking The Trend — December 2020 Series — November 26, 2020

Once again the trades in the Not So Lazy series were not initiated. There was an error yesterday in the P/L shown as PUTS were mentioned as CALLS. That status has been corrected now. The way NIFTY fell sharply after the early gains which showed a new high of 13145.85. There was almost 300 point […]

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Staying Foolish, Staying Hopeful — December 2020 Series — November 25, 2020

NIFTY moved beyond 13000 yesterday and made us look foolish once again. The loss for the month: With the kind of results we are having since March 2020, it is difficult to keep the belief that buying options is a profitable way of trading. Every one and his uncle have been advising against option buying […]

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Money In The Bank — December 2020 Series — November 25, 2020

Banking stocks came firing on all cylinders yesterday. NIFTY had a record high. For a change, BANKNIFTY was a big contributor to the NIFTY gains. All the three stocks were gainers. The trades did well for the day and we are comfortably placed as of yesterday. Words of caution — these are notional gains till […]

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Not So Lazy/ Bucking The Trend — November 25, 2020

NIFTY breached 13000 for the first time. The new record high is 13079.10. This number may enjoy this status only for a day as the market looks poised to go above 13100 as of this morning. The trades in Not So Lazy series were not initiated for yet another day. We shall set them up […]

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Staying Foolish, Staying Hopeful — November Series — November 24, 2010

Hope has a limit. If we do not put a limit to it, the reality of market will do that. Yesterday NIFTY made yet another all time high at 12968.85 and whatever little hope we had was denied. Our already beleaguered position is now absolutely worthless. Time to swallow the bitter pill of loss for […]

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