Staying Foolish, Staying Hopeful — November 2020 Series — November 09, 2020

NIFTY closed at 12263.55 on Friday, November 06, 2020. In the intervening weekend, Joe Biden won the US Presidency Elections. That combined with the Diwali Cheer ( the big Indian festival is on November 14 ) is very likely to take the index past the previous all time high of 12430.50 made in January 2020. […]

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Money In The Bank — November 2020 Series — November 09, 2020

Friday was yet another day of good gains for the banking stocks. BANKNIFTY moved up 1.85%. HDFCBANK and KOTAKBANK were the two good performers while ICICIBNK trailed the index. The day was good for our set up. What do we do now? We did not do anything while booking a profit from the first two […]

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Bucking The Trend — November 2020 Series — November 09, 2020

Welcome to Monday morning. US Elections are over. As a result we may see another day of big up move in NIFTY and then maybe some little correction. Our two sets of trades are in small trouble as the stocks moved up on Friday. The loss in COALINDIA set up increased while trades in ONGC […]

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Not So Lazy — November 2020 Series — November 09, 2020

Market kept on moving up on Friday, November 06. The count of US Elections is over with Joe Biden winning the presidency. Our market is likely to celebrate that with a big gap up move today. Whether that moves sustain till a new high is achieved or fizzles out before that is to be seen. […]

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