Markets & After hours

DSM

Well-Known Member
Everything that happens in life - you can either consider it as a gift and an opportunity to grow or an obstacle in your progress and give up. In the end, it is your life and your choice. - Wayne Dyer
 
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The world 'Believe' has 'lie' in it. How many 'Lies' of ourselves do we believe in?

Let go of negative and self restricting beliefs. Everything in life is POSSIBLE, and give it your best. - In words of Erma Bombeck, 'When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, 'I used everything you gave me'



Nice Quote in Nice thread.:clapping:
 

DSM

Well-Known Member
PT,

I do believe that foreign nationals can invest in Indian stock markets, but this requires a bit of documentation. If you are from Greece, the best that you could do would be to contact your bank or any Indian bank with a branch there and get advise from them as to how you could go about this.

Good luck.

I want to invest in India, I am from Greece, Is it possible?Hope I am not post it in wrong thread.If yes, please tell me whom I contact.
 

DSM

Well-Known Member
F&O Result calendar for next two days :

Cairn India 22-Oct-13
Indiabulls Real 22-Oct-13
Wipro 22-Oct-13
Yes Bank 22-Oct-13

ACC 23-Oct-13
Ambuja Cements 23-Oct-13
Dish TV India 23-Oct-13
Exide Ind 23-Oct-13
Hero Motocorp 23-Oct-13
Hind Zinc 23-Oct-13
Indiabulls Hsg 23-Oct-13
Madras Cements 23-Oct-13
Power Grid Corp 23-Oct-13
Raymond 23-Oct-13

E&OE
 

DSM

Well-Known Member
Mind plays tricks on the eyes.... Beautiful woman or an old lady? - I guess this is just the same as looking at a bullish chart that turns bearish or vice-versa :) :) :)

 

toocool

Well-Known Member
So I would like to share a real story about trading which happened with myself

In 2007 I was very actively trading in ifci future and options, and I was brand new in futures and options trading so I had little fear of it and the markets, I hadn't experienced a big deal of shock in the markets and one of the main agenda was for me to buy ifci call option every month because ifci was looking for strategic investors and stock had started rally literally from 10 rs to near 70 rs or so in just 3-4 months or so, cannot remember exactly it may be 8-9 months too.

So this 1 month what I did was I was very bullish again and I bought 80 call options for rs 1 or so and I paid a premium of 1 lac rupees as it's lot size was 8000+......... So few days passed it kept see saw but didn't advanced at all and I began to be restless as my 1 lac rupees were at stake here and it could all go to 0

You must remember that I was having 0 knowledge of technical analysis and didn't have any idea what was going to happen at all, I was only watching the news flow so 1 day after going down to 60 - 70 paisa the call once again was at my purchase price or so, and being restless I decided that I wanted to reduce my risk to half........ And so I did sell half of my position and reduced my paid premium to 50000 rupees

But as fate would always have its own ways...... ...... One fateful day ifci jumped really hard..... Really really hard and and and.......... My 1 rupee call went to 12 rupees and I was so thrilled so happy that I converted my 50000 rupees to 600000 lacs in a matter of few weeks, I sold it all, yes I did, but same day I bought a more far ce by investing 50k again thinking that it will rise more.

I don't remember what happened to my new call options......... But the very next day there was another huge gain day in ifci and the same 80 call option which I booked profits @ 12 rs......... It was @ 25 the very very next day

Means had I waited for 1 more day I would have made 1200000 for my 50000 rupees investment......... And had I kept all 100000 rupees till that date I would have made 2500000....... Yes 25 lacs. But it wasn't to be :)

Not to mention I gave all of it and more in January 2008 crash....... Date was 22 January and 23 January :p
 

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