Option Buying Once Again — July 19, 2021

I did not post anything for this series for almost a week. What is the point in narrating the same sad story every day? Nothing was going well and nothing has gone well. This is the position of the trades taken: 75% of the value is already gone with almost no hope of getting something […]

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Money In The Bank — July 2021 Series — July 19, 2021

Friday was a flat day for NIFTY and mildly negative for BANKNIFTY. BANKNIFTY continues to be the weaker section of the market. Out of our 3 stocks only HDFCBANK was slightly in the green whereas the other 2 were losers. This is not good for our setup and the MTM profit came down from Rs. […]

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Not So Lazy — July 2021 Series — July 19, 2021

Welcome to Monday morning. Let us review the market action on Friday. There was virtually no action on Friday. After moving both ways, NIFTY settled absolutely flat. For the record, 15962.75 is the new high for the index. We had RELIANCE, HINDUNILVR and TCS as the weak spots in our setup. On Friday, RELIANCE moved […]

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