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

NIFTY made another all time high yesterday. This sentence could be written every day this week. This is how the market is. It is just our luck ( bad luck ) that KOTAKBANK is not moving up at all. It was trading at around Rs. 1940 a week ago and the 2000 strike looked within […]

read more

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

Yesterday we had talked of some action to be taken in this set of trades. The concern was that the BANKNIFTY PUT 27000 has become too far out of money that it does not offer appropriate hedging. And there was not much left to be gained from ICICIBANK PUT 460. The trades were closed as […]

read more

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

Another day of sitting through. It did not make any difference at all. MARUTI stock price made the 52 week high at Rs. 8013.35 in the early trades. The loss would have been very big at that stage. Mercifully it began to move down and made the low of the day at Rs.7700. By close […]

read more

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

The relentless upward march by NIFTY continued. There was a small hiccup, it looked like that the trend would be broken but that was not to happen. The new all time high is 13435.45. Let us see whether that holds for more than a day or we have another high today. Nothing seems to faze […]

read more