October 2020 — Options Buying — Day 19

Option buyers are eternal optimists. They have to be. Nobody gives them a chance. They have to keep hoping that something good will happen soon. At most times, that does not happen. When it does, life in the market looks better. Yesterday was once again a gaining day for the index. After staying above 11900 […]

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Bucking The Trend — October 2020 Series — October 21, 2020

We had no trade as the day began. A trade with RELIANCE CALL spread was planned. The strike prices were revised from what were mentioned in the post yesterday. Trades: At the end of day, these trades were showing some profit. So the beginning is good. How we go further from here will be seen […]

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Money In The Bank — October Series Closed — October 21, 2020

BANKNIFTY did not do much yesterday. That was expected after a big rally over last few days. We had planned to close the trades with a profit of about Rs. 8400-8500. That opportunity came during the day and the trades were closed as shown here: The net result of these closing rates: The third set […]

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October 2020 –Options Buying — Day 18

Everything which could go wrong went wrong yesterday. Last week it did not matter if the market was up. We had PSU stocks going down. Over last two days, likes of ONGC, NTPC and COALINDIA have suddenly found feet and climbed up. Their climb up has buried our trades. On Thursday we had take a […]

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Bucking The Trend — October 2020 Series — October 20, 2020

Yesterday, NIFTY showed a lot of strength while moving up by 110 points. We had two sets of trades in this series. Both ONGC and ITC closed higher. That did not matter. We got the opportunity to book profits in both sets of trades. Trades: The outcome of these trades: With these two trades closed, […]

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Money In The Bank — October 2020 Series — October 20, 2020

Banks are back in business. I mean banking stocks. Whatever fear caused BANKNIFTY to give up 800 points on Thursday showed no signs of its presence as the index recovered part of the loss on Friday and kept moving up all day yesterday. Over last two days, banking stocks have made the market move up. […]

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October 2020 — Options Buying — Day 17

Bears made a retreat on Friday and conceded some ground back to bulls. NIFTY gained 82 points on the day. Unfortunately, it was our stocks which were up considerably and our trades suffered a serious damage. We had come into a small profit after having seen a loss of above Rs. 12000 at the beginning […]

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October 2020 — Bucking The Trend — October 19, 2020

Welcome to Monday morning. On Friday, we had only two trades to monitor. Both of the stocks were gainers for the day. Our trades lost a part of the mark to market gains seen on the previous day. It is not a cause of concern as the prices are within the range and are not […]

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Money In The Bank — October 2020 Series — October 19, 2020

Friday was different from Thursday. The jitters of Thursday were not visible on the day and there was determined buying at the lower levels. BANKNIFTY gained 2.00% for the day and did much better than the NIFTY 50 benchmark. We know that a day is generally enough to swing the profit/loss position either way. On […]

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Asking The Right Questions— Sunday Story

We saw NIFTY moving down 290 points on Thursday. Agreed it was a big loss but NIFTY had been going up over last few days and a correction should have been expected. I found this question on Quora: https://www.quora.com/What-is-happening-in-Indian-share-market-Now-the-market-went-down-and-investors-lost-300-thousand-crore-Why-share-market-goes-up-and-come-down-regularly-for-past-3-years-Who-is-manipulating-the-market-as-Harshed Let us ask the right questions. My answer: ( You can read it on Quora too […]

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