Recent content by Nish

I do not average old deliveries. I use another a/c for temp short-term Buy-Sell and pocket the profits ! :)

What next ? To lighten the Bulls tension , Glass-Half-Filled and Dreamy view of the same Realistic and logically correct chart shown above ! :) Can be deleted after-a-while !!

BN 1YWkly chart.

BN Long term Bearish confirmation only after Break-down below 32000 - I guess ! Todays was the Option writers paradise in CEs ! Avoided any trade and waiting patiently for an entry ! ... By the way, 4Mar BN 39500 PEs around 8 to 14 may be junk-cheap ! :)

Best Luck ! :) As per current N PE, profit booking is prudent on higher levels, but wide swings in Vix along with high liquidity supply is a problem for positional trades - anything is posible in stock markets -if SL not applied or not hedged properly ! For newbees study about P/E and PB...

I have large qty of N and BankBEES ! Every year, I off-load 10 percen of BEES and convert it to Gold or Silver or some value investment ! .. And in large corrections add some more BEES. Last One years returns in BankBEES is around 18 % ! I suffered lot of pain in R stocks like RPower etc...

My BankBEES are 12 yrs senior citzen time-wise ! :) Still holding !

BN 2nd low gap around 35500 filled-up quickly. 3rd low gap around 33250 may be filled or may not ! Not sure, but if this high Bond Yield drama subsides quickly then FII and FPIs may lap-up good stocks in EM including India - perticularly PSUs and Banking stocks in coming days thru Big Block...

Have only 5 MRF @PP 13400 from 2013 - baught in a rage to compete Biggies ! :) .. Holding for NextGen !

Remember BN_Wkly19Feb2021 PitchFork chart ? That may spans from Mar thru May2021 - if something goes wrong in global markets . Todays may be profit booking and Gap-Filling day - Hopefully ! Logically 35000 to 40000 block should be filled-up in coming days - with a posible extention towards...

As expected, option writers trying to bring down BN towards its Max Pain range - slipped from 37000 plus towards 36500 ! But think BN may rebound upward again going forward - if no adverse news !

Dixon, My avg PPrice is around 2300 ! :)

May be: https://shabbir.in/arbitrage-trading/

The Q is which and how many retailers will dare to settle in physical delivery ! :)

BN is abv 37000. Max Pain of 25Feb expiry is below 36000. Either Max Pain is distorted or Writers of BN has to bring it below 36000 today itself ! Waiting patiently for a proper trade entry in 4Mar expiry ! 38000CE in my watch-list !