Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
Glaxo might give 4R trade (cash, as much as one can afford, considering capital at risk does not breach 2%). CMP 1553, Tight SL at 1520 (day closing basis - avoid the wick). This is looking promising considering volume, momentum, and S&R analysis - Confluence. Intraday ORB setup will also yield good result till it reaches 1800 (profit booking zone)
Bajaj Finance did not go up significantly after the news that RBI panel recommends giving banking licences to Corporates. Bajaj Finance may or may not go for a lending bank licence because as an NBFC it is doing much better profitability than a bank with much lesser ristrictions. Bajaj Finance is a different NBFC than other normal NBFCs and they have a solid data and analysis capability which other NBFCs dont have. Thus it is this analytics which builds a moat around Bajaj Finance's lending business and they get top quality borrowers.
At all time high too I am still bullish on the stock as the market has supportred the above views. But one has to remember that i it a very volatile stock and being in NBFC sector it gets hammered as other NBFCs though it is much superior to other NBFCs...on borrowing side it borrows long term and lends short term so there is no mismatch and it gets funds at best rates from the market which gives them additional moat compared to other NBFCs. So one has to make his own decision where to buy ...but I consider every panic selling as an opportunity to buy this stock as long a the stock has strong moat,honest management with good corporate Governance ,high profitability and the growth engine keeps firing at high speed........
Every investor should do his own study before investing in any stock.....and not invest on someone else's views and take full responsibility of his decisions.
Smart_trade
At all time high too I am still bullish on the stock as the market has supportred the above views. But one has to remember that i it a very volatile stock and being in NBFC sector it gets hammered as other NBFCs though it is much superior to other NBFCs...on borrowing side it borrows long term and lends short term so there is no mismatch and it gets funds at best rates from the market which gives them additional moat compared to other NBFCs. So one has to make his own decision where to buy ...but I consider every panic selling as an opportunity to buy this stock as long a the stock has strong moat,honest management with good corporate Governance ,high profitability and the growth engine keeps firing at high speed........
Every investor should do his own study before investing in any stock.....and not invest on someone else's views and take full responsibility of his decisions.
Smart_trade
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https://www.outlookbusiness.com/mar...so-do-not-assume-it-is-foolish-or-stupid-6054
Interview with Mr Bharat Shah, country's leading value investor ( of ASK Investment Managers )......we can get some investment nuggets from this interview......
Smart_trade
Interview with Mr Bharat Shah, country's leading value investor ( of ASK Investment Managers )......we can get some investment nuggets from this interview......
Smart_trade
In effect there's going to be only one margin --NRML. Right? Instead of the 7k or so intraday for BN futures it's going to be 1.59 lakhs for all BN futures positions. Definitely intraday trading volume will reduce.
Brokers' income will go down. Tax revenue will go down.
But many newbies will be saved from losing money.
Brokers' income will go down. Tax revenue will go down.
But many newbies will be saved from losing money.
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