General Trading Chat

[Fundootrader]

but then index buy mode mei kyo lag raha hai

and apun already started buying calls below 7500

Coz Bank index is currently moving to oversold and we can see spring bounce here from 157XX levels - which it touched intraday

 

[augubhai]

Closed all shorts @ 7499 -- Now wait & watch

Let's see what's in store in today's CPI/WPI Data - which should be on higher side and see how market reacts.

Options data still indicating puts OI at lower levels and call writing @ 7600/7700 levels. With crude falling again - all it needs is a chingari to take the markets to 7200/7300 levels - but as poor retailer - I prefered to take my money off the table and reenter post next move clarity

Europe Markets as usual higher (though meaningless for us - as in last few sessions tend to move to negative post India Market close)

7499 in which scrip?

 

[amitrandive]

this is more appropriate to crude oil then nifty , many traders lost their account in its move from 140 $ to 30$ .

At the same time many traders made millions in that move.

 

[Fundootrader]

7499 in which scrip?

Nifty Spot 7499

 

[Gaur_Krishna]

Thanks Knarendra & ST da for this nice report.

It was a great read. Felt as if it was written in 2016 but it was 2012 article.

Did some research:

1. Only 1 stock (Coromandel International) was in red of the total 12 reported

2. If one would have put up 1L each in all those 12 stocks, he would have received 270% returns and his total would have been 32.3L by today's price.

My 2cents analysis for all 12 stocks as follows:

Sample read: Bajaj Fin was at 1045 when recommended and now at 6180. The 1 Lakh invested would have turned 5.9 Lakhs by now.

21-Aug-12 11-Jan-16 Invest(L) Now (L)
Bajaj Fin 1045 6180 1 5.9
Gruh Fin 88 250 1 2.84
Lupin 570 1700 1 2.98
Balkrishna 168 650 1 3.87
Guj Fluoro 360 502 1 1.4
Motherson 53 262 1 4.94
Coromand 262 182 1 0.7
Havells Ind 110 290 1 2.64
Titan Ind 220 346 1 1.57
Godrej Co 638 1272 1 1.99
KM Bank 300 685 1 2.28
TTK Prest 3670 4340 1 1.18

Invest = 12 Now :32.29

% Return 269%


Thanks & Regards,
Gaur_Krishna

http://www.traderji.com/fundamental-analysis/92550-best-fundamental-indicator-2.html#post1128073

Good article posted by knarendra .It is a 2012 article but the core idea remains same.

Focuss attention on the following charts and tables :

http://www.business-standard.com/content/general_pdf/082112_02.pdf

Smart_trade

 

[Fundootrader]

Super tug of war between bears and bulls - Observing put's at nifty spot 7500 - Put's not losing value - standing still for last half hour - showing strength instead at the same level (Puts- 7700,7800 Jan & 7600,7700- Feb) - 60 min TF showing down trend

Is anyone still short or planning to go short at these levels

 

[Verde]

too close to 7500, chance of gap down

 

[blackberry]

Looks Bulls may gain tomorrow.Some divergence in charts seen.Longs Could be hold overnight.

 

[nitingosavi]

Looks Bulls may gain tomorrow.Some divergence in charts seen.Longs Could be hold overnight.

holding/ carrying longs (calls)

 

[trade_novice]

this is more appropriate to crude oil then nifty , many traders lost their account in its move from 140 $ to 30$ .

Hi Ravi, about one year back I saw an old thread by Saint titled something like "power of small stoplosses............" now its not there, is it deleted? It was a very popular/long thread......

can u help in getting that thread/notes from that thread