My Trading Diary for 2012.

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soft_trader

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One interesting co-incidence in Indian markets today. Indian markets are standing right at the same spot/ level, where they were on the previous Draghi day, on 2nd August (Nifty closed at 5227) when Mr. Draghi had disappointed markets without fulfilling his pledge of doing everything to save euro zone and instead of going down, markets had started rallying ahead. Markets have actually cleared all that fake rally gains and are back to the real levels from where they will take a real trend.

For today, watch the Dollar index as Indian markets are going to react to that indicator. A higher and positive Dollar would mean lower and negative trading in Indian markets today and vice-versa.
 

soft_trader

Well-Known Member
Nifty has crossed 5700.​

Are if you are wondering why Indian markets are running up like crazy, then here is the truth about this rally.

Todays more than 2% higher run in Indian markets is NOT because of buying, but, because of Put Option buying. And Put option buying means markets are betting on a severe fall ahead.

There has been phenomenal increase in Niftys Put Option positions today. The open interest in Nifty Put Options has crossed 10,00,0000 at many levels.

Whereas Call Options, which denote a positive run in markets, have slumped heavily.

So, be careful before thinking of taking long positions in markets. All those tv anchors who are gloating about markets being happy and being positive dont know what they are talking about.

Be safe, be careful. Markets are not always what the numbers show.

Source: C2T
 
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Nifty has crossed 5700.​

Are if you are wondering why Indian markets are running up like crazy, then here is the truth about this rally.

Todays more than 2% higher run in Indian markets is NOT because of buying, but, because of Put Option buying. And Put option buying means markets are betting on a severe fall ahead.

There has been phenomenal increase in Niftys Put Option positions today. The open interest in Nifty Put Options has crossed 10,00,0000 at many levels.

Whereas Call Options, which denote a positive run in markets, have slumped heavily.

So, be careful before thinking of taking long positions in markets. All those tv anchors who are gloating about markets being happy and being positive dont know what they are talking about.

Be safe, be careful. Markets are not always what the numbers show.

Source: C2T
What is C2T ? WIth such articles I think it will be ok to post the full source.
 

soft_trader

Well-Known Member
SGX Nifty closed higher on Tuesday by +40.50 points to close at 5803.

But today's lower US & EU markets are spoiling the mood.

Expecting our market to open on Wednesday above 5750. Thursday's ECB meet will decide the short-term trend for the market.
 
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