Staying Foolish, Staying Hopeful — December 2020 Series — December 16, 2020

Yesterday was very volatile as the NIFTY chart tells us: NIFTY was down to 13447 level and then made the sustained up move which took it to a high of 13589 before closing at 13567. With ASIA markets in the green and SGX NIFTY indicating about 68 points higher open, I believe another record high […]

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Money In The Bank — December 2020 Series — December 16, 2020

The day was very volatile yesterday within a range. BANKNIFTY came back sharply from the low of the day to close just 54 points lower. HDFCBANK was the one which caused the recovery. KOTAKBANK made the new 52 week high but gave up from there to close with a very small gain. ICICIBANK was a […]

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Bucking The Trend — December 2020 Series — December 16, 2020

MARUTI has proved to be a wrong vehicle for our trade set up. The stock was among the weakest when the trade was initiated. It really bucked the trend and moved up by more than 10%. As per the set up, we are safe till a price of Rs. 7700. Unfortunately for us, the price […]

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Not So Lazy — December 2020 Series — December 16, 2020

NIFTY ended flat yesterday with a gain of just 9.7 points. At one stage, it was down more than 100 points but recovered smartly to get back into the green. Our set of trades improved a little. As can be seen, profit of about 80% is already made in most of the sold options. The […]

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