Staying Foolish, Staying Hopeful — December 2020 Series — December 04, 2020

What is the point of writing everyday when nothing is going right? This is the thought which is there every morning and somehow I type in the few words to describe the failure of the previous day, day after day. Traders live through such times. The experience is not uncommon. It happens to all of […]

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Money In The Bank — December 2020 Series — December 04, 2020

This is how the BANKNIFTY index performed yesterday. Early high levels could not be sustained and finally it ended up slightly in the red. For us the problem was the fall in HDFCBANK. The gains in KOTAKBANK and ICICIBANK were insignificant. The outcome of the day was that mark to market loss went up. After […]

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Bucking The Trend — December 2020 Series — December 04, 2020

MARUTI is a car maker. But we were hit by a truck in the MARUTI trade. The hit was so big that the profit booked in NIFTY trades looks insignificant. MARUTI moved up more than 7% and moved out of range. We had sold CALL 7200 and 7600. There was safety till 7700 level but […]

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Not So Lazy — December 2020 Series — December 04, 2020

This series did not begin well for us. It went wrong on the first day itself and ended deeper into the loss on second day. NIFTY was up just 20 points but there was no significant gainer among the top 10 stocks. A look at the top 10 gainers yesterday: None of the heavy weights […]

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