A New Story — Capital Rs. 2000000 — Target Profit — Rs. 600000 — 12 Months — Part 3

The story continues. The 110 point fall yesterday did not help. MTM loss for the current series went up to Rs. 59000 again. To achieve the 12 month target, average profit required per month is Rs. 50000. We are terribly short of that number. Plans and targets have a way of going wrong and our […]

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Option Buying — November 2021– Nov 17

Option buying is tough. It becomes very difficult to sustain the belief when you see the stock price moving in your direction but option price just staying put or even going down. We had a day like that. INDUSINDBK PUT 1000 was bought when the price was Rs. 1041. Price came down to Rs. 1020 […]

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Money In The Bank — November 2021 Series — November 17, 2021

This is how our 3 stocks performed yesterday: ICICIBANK — (-) 1.42% KOTAKBANK — (-) 0.82% HDFCBANK —- (-) 0.62% All the 3 were in the red. So was BANKNIFTY with (-) 1.02%. It was outperformance while the stocks were falling. It helped. At close, the MTM numbers were like this: It was an improvement […]

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Not So Lazy — November 2021 Series — November 17, 2021

Nifty lost 110 points yesterday. We wanted a good show from ICICIBANK, KOTAKBANK and RELIANCE. All of them ended up in the red. ICICIBANK and RELIANCE were big losers. The net impact was a big reduction in the MTM profit. This set of trades has not gone anywhere this month. We have been moving between […]

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Nifty Call Spread — November 2021 Series — November 17, 2021

The grind continued with this set of trades. We lost a few points on Monday when NIFTY was up 6.70 points. We got back few points when NIFTY was down 110 points. Today, it looks likely that NIFTY is set for losing some more. We had this MTM status at close yesterday: CALL 17900 NOV […]

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