The paramount increase in OI (65+) is something which I’ve never seen in BEL counter.
In case of the news, whatsoever, being already factored in at this price, the short covering on this massive front should easily take the stock back to 105 levels atleast.
I took almost the same hit like this in IFCI when the banking license didn’t go through for it. But I wasn’t aware of options by then.
As I have told multiple times, naked long/short overnight positions without hedging is always a risky business.
Alright, things do happen. Take a break for a couple of days, come back and win it again.
Cheers
AK
In case of the news, whatsoever, being already factored in at this price, the short covering on this massive front should easily take the stock back to 105 levels atleast.
I took almost the same hit like this in IFCI when the banking license didn’t go through for it. But I wasn’t aware of options by then.
As I have told multiple times, naked long/short overnight positions without hedging is always a risky business.
Alright, things do happen. Take a break for a couple of days, come back and win it again.
Cheers
AK
Today USA is mixed. But the broad markets in USA are in the red.(Dow in green, S&P, Nasdaq in red). Today Japan and Australia are trading in red. So let us see.