Day Trading Stocks & Futures

TraderRavi

low risk profile
Century Textiles and Industries Ltd. (-55%). ??? kya chakkar hai ??

The Board of Directors of UltraTech Cement Ltd at a recent meeting, has declared the Scheme of Arrangement between Century Textiles and Industries Limited, UltraTech and their respective shareholders and creditors to be effective from 1st October, 2019.

In terms of the Scheme, UltraTech will issue 1 (one) equity share of face value Rs 10/- each for every 8 (eight) equity shares of face value Rs 10/-each held by the shareholders of Century, as on the Record Date to be decided by Century.
 
How the result will be interpreted will be known on Monday, in the past good results have been followed by deep correction, in that case should be a good opportunity to buy.
Reply

If on good results it goes up, we must book profits as it has already gone up in anticipation...it will always give 20% correction which can be used to buy....timely booking profits is necessary .

ST
 
Update:
SEBI via circular no. CIR/HO/MIRSD/DOP/CIR/P/2019/75 on 'Handling of Clients' Securities by Trading Member/Clearing Members' has specified the manner in which client securities be handled by Stock Brokers. As per the new regulations:

  • No broker is allowed to pledge client securities with any NBFC, Bank of any other Financial Institution. Client securities may only be pledged with the Clearing Corporation if the client wants to use securities for margins.
  • No broker is allowed to hold back client securities in his own account.
In light of this and as per SEBI's guidelines the types of demat accounts to which securities can be transferred to offer trading margins against pledged stocks has been revised. the accounts to which securities can now be transferred are listed below:


Particulars DP ID Client ID CDSL NSE Pool A/C1208160000000061CDSL BSE Principal A/C1208160000013706CDSL Client Collateral Account1208160025620893CDSL Margin Trading Account1208160025724470CDSL NSE Early Pay-in A/C1100001100019678CDSL BSE Early Pay-in A/C1100001000023629NSDL BSE Pool A/CIN30009511619878NSDL NSE Pool A/CIN30009511496000

Since we at Zerodha do not use the PoA for any purposes other than offering services requested by you, this does not change anything for you. this email is for your information only.

Regards,
Team Zerodha
hahaha I too haven't given PoA , since I day trade only ,no probs and weekly settlement is a good way of not parking funds in trading acct
 

vivektrader

In persuit of financial independence.
Reply

If on good results it goes up, we must book profits as it has already gone up in anticipation...it will always give 20% correction which can be used to buy....timely booking profits is necessary .

ST
Sir
Main toh bech ke baitha hoon, average price around 1810
 
Sir
Main toh bech ke baitha hoon, average price around 1810
Theek hai...profit never hurts...buy in correction only..don’t chase the price...in correction it should come down to 1550-1600...

We should thank the present turmoil in the market that we can buy good stock in correction at lower prices...
 
Last edited:

travi

Well-Known Member
@travi bhai, malamaal on monday due to bumper listing
what is the price retail got per share ? 290 Rs ?
(500 - 290/300) x 40 = 8000 plus to pakka hai
retail price was at 320 with discount of inr.10. net buy is 310. I doubt any single applicant would have got more than 1 lot.

Yes, was following grey mkt premium for sometime, listing gains are in that range of 50-70%. pure lottery :DD
 

vivektrader

In persuit of financial independence.
Theek hai...profit never hurts...buy in correction only..don’t chase the price...
Sir
Woh TCS waala trade...
Once the record date comes, does the price correction exceed dividend amount (45 in this case)
Already price is above 42 rupees above my buy price, your inputs.
 

Similar threads