Staying Foolish, Staying Hopeful — December 2020 Series — December 07, 2020

NIFTY on Friday, December 04, 2020: The new all time high is 13280.05. It would have been much higher had RELIANCE participated in the rally. Thankfully for us it did not. We are in a PUT trade in RELIANCE in a market which is making new highs repeatedly. How foolish? On Friday, it was LT […]

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Money In The Bank — December 2020 Series — December 07, 2020

Friday, December 04, 2020 was a big day for the market. NIFTY made a new all time high at 13280.05. This happened mainly because of the surge in the banking stocks on the day. This is how the banking stocks performed on Friday. After 1 pm, it was party time. The day ended with a […]

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Bucking The Trend — December 2020 Series — December 07, 2020

We are nursing just one set of trades in this series at present having exited NIFTY set up with a profit. This trade has gone wrong as it bucked the trend by too much. MARUTI was exhibiting weakness when the CALL spread was set up but it has moved up more than 10% from those […]

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Not So Lazy — December 2020 Series — December 07, 2020

On Friday, NIFTY made yet another all time high. The new number is 13280.05. The way market is marching ahead, it will not be a surprise if this too is taken out today or tomorrow. Monetary policy announcement on Friday was the catalyst on Friday, not that the market needed any catalyst. It is the […]

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