Day Trading Stocks & Futures

[TraderRavi]

Excerpt From The Scheme

There shall be a lock-in period of three years from the commencement of this scheme to the extent of 75 percent in respect of—
Shares held by existing shareholders on the date of such commencement;
Shares allotted to the investors under this scheme
Provided that the said lock-in period shall not apply to any shareholder holding less than 100 shares.

Read more at: https://www.bloombergquint.com/busi...cks-in-75-of-all-shareholding-for-three-years
Copyright © BloombergQuint


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this rule is only for existing shareholders and will not be applicable to new investors who will buy from monday onwards ?

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[KAL.YUG]

Excerpt From The Scheme

There shall be a lock-in period of three years from the commencement of this scheme to the extent of 75 percent in respect of—
Shares held by existing shareholders on the date of such commencement;
Shares allotted to the investors under this scheme
Provided that the said lock-in period shall not apply to any shareholder holding less than 100 shares.

Read more at: https://www.bloombergquint.com/busi...cks-in-75-of-all-shareholding-for-three-years
Copyright © BloombergQuint


..




this rule is only for existing shareholders and will not be applicable to new investors who will buy from monday onwards ?

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This indicates that starting Monday, when trade in the stock resumes, any shareholder holding more than 100 shares will be able to sell only up to 75 percent of his/her shares. ( It should read 25 percent ...looks like typo )

If at all such restrictions are to come, these should be with prospective effect, according to Deven Choksey, managing director of KR Choksey Securities. It can’t be enforced on investors who are already invested, he said.

“Neither SEBI nor RBI would have the power to put listed equity in the lock-in period of three years for any company. If they do have such powers, then this could be tested in the court,” he told BloombergQuint. “Investors cannot be denied the liquidity of his investment in the listed market without any prior notice. In this case, this is being implemented with retrospective effect, which would be bad in law, I would like to think that this is a goof-up in drafting the scheme which they will correct once the full impact is understood.”


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Yeah kya yarooo, ... shadi dekney ko gaya thaaa
dulaha banako bechdeye.
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[mohan.sic]

Check this out..SnP following Nifty

View attachment 40724

Hope this fall will halt down, but be completely prepared for shocks.. And be ready to take it mentally if it comes.
yesterday was very lucky in a way because most of traders did not really taste the panic as markets bounced back immediately. Had if stocks traded for sometime near the day lows recorded yesterday it would have created madness.

 

[TraderRavi]

Hope this fall will halt down, but be completely prepared for shocks.. And be ready to take it mentally if it comes.
yesterday was very lucky in a way because most of traders did not really taste the panic as markets bounced back immediately. Had if stocks traded for sometime near the day lows recorded yesterday it would have created madness.

US futures suddenly rallied in that 45 minute halt period otherwise situation could be different. but lower circuit on friday was itself absurd as other markets were not that bad. Infact thursday was the more like LC day due to big red in world markets but due to weekly expiry operators avoided that.

 

[nadiyakinare]

Be Aware people are saying : Sebi should ban short-selling to avoid market crisis

https://www.business-standard.com/a...ng-to-avoid-market-crisis-120031300308_1.html

https://www.bloomberg.com/news/arti...rd-sell-off-italy-and-spain-ban-short-selling

https://news.sky.com/story/coronavi...curbs-after-european-market-meltdown-11957028

 

[marimuthu13]

Hope this fall will halt down, but be completely prepared for shocks.. And be ready to take it mentally if it comes.
yesterday was very lucky in a way because most of traders did not really taste the panic as markets bounced back immediately. Had if stocks traded for sometime near the day lows recorded yesterday it would have created madness.

Bhai ..come out of bulls mindset...bounce happened is giving you second chance to exit your holding...we entered into bear market grip

 

[checkmate7]

Bhai ..come out of bulls mindset...bounce happened is giving you second chance to exit your holding...we entered into bear market grip

Very True these bounce won't sustain longer

 

[nadiyakinare]

Bhai ..come out of bulls mindset...bounce happened is giving you second chance to exit your holding...we entered into bear market grip

In FX market these kind of traps during news trading is very famous, nifty long is very risky until its above 10600. for me sure its a trap for bulls but in intraday if bulls will lead no harm to be with them untill bears kick in.

 

[iwillwin]

Bhai ..come out of bulls mindset...bounce happened is giving you second chance to exit your holding...we entered into bear market grip

Budget day fall was the first sign I think....

 

[mohan.sic]

Bhai ..come out of bulls mindset...bounce happened is giving you second chance to exit your holding...we entered into bear market grip

yea hope we both are not right until we see some recovery.
actually I was also saying the same if you interpret correctly wht i mean is that more shocks we may see and must be prepared to absorb them or stay away for now...