Day Trading Stocks & Futures

travi

Well-Known Member
Last edited:
Muthoot Fin is going for a stock split!
 

siddhant4u

Well-Unknown Member
Long report but it looks like it has not occurred at organizational level.

This is a greedy rogue CFO who has got it done with the help of his son, another Cos/Director, two managers and their family.

Probably that's why the stock recovered but need to check for the next few days bcos i have portf holding in this one.
case happened in 2017 ! today CFO was fined 97 lakh (all the gains plus interest)
 

travi

Well-Known Member
case happened in 2017 ! today CFO was fined 97 lakh (all the gains plus interest)
yes read it in depth now, so hopefully nothing to worry about it.

CFO would be earning well, why get into all this and ruin so many careers.
Around 74L was the gain.
Penalty should've been far more + whatever punishment comes with it.
 

siddhant4u

Well-Unknown Member
NF 5M 2-7-20 chart with possible long trade setup. there are more trade setups than I have marked but are counter-trend.
trades for me (spot chart, 5 min)

at 11:20-11:30 it was clear market is not going down, heavy volume (on future as well as options) triggered soon afterwards. Add or fresh entry could be at 1:30pm but would have vary of 10600 spot value.


1593700284030.png
 

siddhant4u

Well-Unknown Member
yes read it in depth now, so hopefully nothing to worry about it.

CFO would be earning well, why get into all this and ruin so many careers.
Around 74L was the gain.
Penalty should've been far more + whatever punishment comes with it.
I think the rule says 3 times the gain or 25 Cr. Not sure why it wasn't given though..
 

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