Day Trading Stocks & Futures

[Silentshadow]

14490 level future pain point below for a north move to 14900 - 15150?
Had this chart carved out few days back - will not be exact fib levels - hindsight analysis is easy parking it here just to observe the levels play out.
My thought process is still glued to the northward target and 490 levels breach.

 

[Silentshadow]

Delta neutral study - lets see

 

[Smart_trade]

Asian Paints up > 9 %.....

 

[Silentshadow]

Got into M&M fingers crossed
Chasing LT to buy lower

 

[Silentshadow]

How you been ST.

Higher Raw material costs a big burden? I was assuming it will open flat or consolidate with lock-down amplifying the effect since they wont be in a position to increase their product cost. Operating cost and inventory holdings should have incremented for Asian - but surprised me with a 8% north move

Have small qty will bail and enter again Happy camper

Thanks for insights ST sire

Asian Paints up > 9 %.....

 

[Smart_trade]

How you been ST.

Higher Raw material costs a big burden? I was assuming it will open flat or consolidate with lock-down amplifying the effect since they wont be in a position to increase their product cost. Operating cost and inventory holdings should have incremented for Asian - but surprised me with a 8% north move

Have small qty will bail and enter again Happy camper

Thanks for insights ST sire

I am fine, thank you ...hope you all are safe....

Asian Paints has very strong moat and barriers to entry so higher raw material cost will not bother it in long run......they have pricing power to pass on the cost increase to customers. In fact the pandemic will benefit Asian Paints as the competitors will lose market share due to cost increase and Asian Paints will be the beneficiary of Covid.......this is true for all the monopolies ......

 

[Romeo1998]

volume badh raha he market me, ab maja aayega trading me

 

[Silentshadow]

Guess our guys now get the drift - no need to post any more of this stuff

Will shuffle if delta hits the presets we have discussed

Delta neutral study - lets see

View attachment 46027

View attachment 46028

 

[Dr. Jan Itor]

Meanwhile....

 

[Romeo1998]

it look like nifty will felling till 14400 and banknifty till 31500