Day Trading Stocks & Futures

[Raj232]

This is exactly what happened to a colleague of mine today.. He bought 26200 at approx Rs 55, Rs 30 on the way down.. averaging approx Rs 50..
Then he was so nervous that he sold all at soon as it reached Rs 50 on the way up.. finally it went to approx Rs 120/ 140
Then he said.. "i could have made so much money today "

 

[Raj232]

Hi,
Last moment upmove saved me. Thank god.

You should always prepare for the worst. Either hedging your position or having s stop loss in place. Hope is not a strategy...

 

[afin]

This is exactly what happened to a colleague of mine today.. He bought 26200 at approx Rs 55, Rs 30 on the way down.. averaging approx Rs 50..
Then he was so nervous that he sold all at soon as it reached Rs 50 on the way up.. finally it went to approx Rs 120/ 140
Then he said.. "i could have made so much money today "

BN is a wild wild animal!

 

[Raj232]

mein toh pehle se hee kehta thaa ki options writing nahi karni chahiye ..... Lekin meri suntaa kaun hai yahaa

Bhai... what happened.. learning some more on Futures ... ?

 

[vikas2131]

New Pattern: Buy Panic Lows in a beaten down segment of the market

This trend started in Pharma stocks around May 21-23 2018. Just see how Sun Pharma and Dr Reddy bounced 20-24% from panic lows over 4-5 weeks

It happened not only in these two stocks but across many stocks of the sector. Now this could have been dismissed as one off move but then this happened in frontline Cement stocks few weeks back. Though the bounce was not as strong as Pharma stocks

Opportunity: BSE Mid-cap and BSE Small Index at Panic Low

Picture speaks for itself. This is BSE Midcap Index - now at the level from where the big move happened in Sep-October 2017

Why Midcap Only - even BSE Small Cap index at the Panic Low Support

http://stateofthemarket.net/2018/06...oming-in-indian-mid-cap-and-small-cap-sector/

 

[onequorauser]

deleted

 

[onequorauser]

New Pattern: Buy Panic Lows in a beaten down segment of the market

This trend started in Pharma stocks around May 21-23 2018. Just see how Sun Pharma and Dr Reddy bounced 20-24% from panic lows over 4-5 weeks

It happened not only in these two stocks but across many stocks of the sector. Now this could have been dismissed as one off move but then this happened in frontline Cement stocks few weeks back. Though the bounce was not as strong as Pharma stocks

Opportunity: BSE Mid-cap and BSE Small Index at Panic Low

Picture speaks for itself. This is BSE Midcap Index - now at the level from where the big move happened in Sep-October 2017

Why Midcap Only - even BSE Small Cap index at the Panic Low Support

http://stateofthemarket.net/2018/06...oming-in-indian-mid-cap-and-small-cap-sector/

Pharma was aided by the dollar appreciation. Sun in particular had the halol plant problem resolved after years of nonsense and so is an outlier. You can notice a similar situation with IT as well. Sub-reason, so to speak, could be that both these are considered to be safe havens. Areas where people like to turn when other areas are not doing so well, which seems to be the case.

That said, IMO mid caps and small caps might not have a similar tailwind. A lot of FII selling has been beating them down. DIIs were able to rescue us from the De-Monetization shock which resulted in panic selling but this seems to be more of a systemic fall which might take some time to recover

IMHO, medium term contrarian bets need some backing of change in fundamentals- the ones that got the stock there in the first place- to avoid frustration. PSU banks being a classic example

 

[SarangSood]

How was the expiry trading today Sarang?

Wasn't that good. Majority of the premium was left to be eaten in the last half which was wiped by a vicious move. Generally the monthly clearing isn't that good to write in bnf. Apart from Tuesday this whole week didn't give me much to build up and run my position.

 

[vikas2131]

Pharma was aided by the dollar appreciation. Sun in particular had the halol plant problem resolved after years of nonsense and so is an outlier. You can notice a similar situation with IT as well. Sub-reason, so to speak, could be that both these are considered to be safe havens. Areas where people like to turn when other areas are not doing so well, which seems to be the case.

That said, IMO mid caps and small caps might not have a similar tailwind. A lot of FII selling has been beating them down. DIIs were able to rescue us from the De-Monetization shock which resulted in panic selling but this seems to be more of a systemic fall which might take some time to recover

IMHO, medium term contrarian bets need some backing of change in fundamentals- the ones that got the stock there in the first place- to avoid frustration. PSU banks being a classic example

 

[vikas2131]

YESBANK: Just before the bear's nose...

Nifty Midcap