Day Trading Stocks & Futures

lemondew

Well-Known Member
It is settled at 1 Re the article says. If someone bot at 1 Re it would have settled at 1. It becomes an overnight play. If settlement happens at rates when you cant play it becomes buy today sell tommorrow.
Some had even posted here to buy crude futures at Re 1 .. it will surely be in profit. Anyone who had even invested Rs 1000 would be in huge loss running into lakhs. Really bad situation for many who could be stuck in in Crude longs.
On the other side, nobody would short Crude @ Re 1 .. even by mistake, now see where the problem goes .. !!


God help them !!!
 
These kind of fiasco is inevitable. When we have embraced market economy we should let the market decide the price discovery. Our govt babus still have the socialist hangover and have the need to tinker/control the markets.
Babus babus and babus...
they don't want any business to get out of their control..supremacy and power of these babus are unlimited...liability is zero...
 
Reliance likely to open limit up today....RIL stock may undergo re-rating due to its deal with Facebook....

Smart_trade
 

TraderRavi

low risk profile

checkmate7

Well-Known Member
Yesterday some one pointed out that inside trading might be the reason behind reliance price surge.

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In Reliance these things always happen...If it doesnt then think something is wrong
 

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