randomGuy Posted September 7, 2021 Share Posted September 7, 2021 On 6/7/2021 at 10:48 AM, Straight Drive said: I do not like IDFC as it hasn't given good performances I.n fact from whatever has happened with ILFS, IDFC, Edelweiss, I stay as much away from Wholesale lenders except for HDFC which I have had in my portfolio before but booked profits. IDFC First Bank exposure to Vodafone is 3240 cr which is slightly more than 3 % of their loan book. If struggling Vodafone manages to pay IDFC First, it will be great for IDFC First Bank. The overhang of that exposure has been a major downfall for IDFC First Bank. Listening to you and to my own gut feel I mostly exited IDFC Ltd. At 51.5.... bought at 32-33,2 yrs back... Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted September 7, 2021 Share Posted September 7, 2021 (edited) 5 hours ago, velu said: many freak trades happening now .. few days back 37100 put went from 400 to 1950 in a minute and went back to 450rs today 3600 put went from 90 to 750rs and cooled down to 160rs .. we had lower and upper band for options and if it touches it , there will be a trading freeze for soemtime .. traders and brokers were complaining about it , so nse removed this bands .. now there is no upper and lower values , and freak trades are happening mostly because of it i dont see any big difference in trading volume now after intraday leverages are removed .. we got margin benefits which more than compensates Hope this does not happens in cash segment. Edited September 7, 2021 by Straight Drive velu 1 Link to comment Share on other sites More sharing options...
Trichromatic Posted September 8, 2021 Share Posted September 8, 2021 IRCTC at 3200+ and reliance 2430. There is a small cap company Newgen manufacturing bromine based chemicals. Did anyone read about it? Link to comment Share on other sites More sharing options...
Straight Drive Posted September 8, 2021 Share Posted September 8, 2021 1 hour ago, Trichromatic said: IRCTC at 3200+ and reliance 2430. There is a small cap company Newgen manufacturing bromine based chemicals. Did anyone read about it? The name is Neogen. Aware about it. IRCTC has had a crazy run. Hoping Reliance moves up further. Link to comment Share on other sites More sharing options...
jusarrived Posted September 9, 2021 Share Posted September 9, 2021 On 9/7/2021 at 1:00 PM, Straight Drive said: Divis is now 5209 (+1500 per share) and Britannia is at 4088 (+400 per share) . Britannia has under performed imo. Better to exit fully from Britannia as well as Divis ( partly atleast if not fully). Would like to have view of some traders ; how is new SEBI margin rule having an impact on traders category. Are freak trades happening far too frequently now @velu@jusarrived@randomGuy Never liked Britannia, Divis is still a good hold imo . I think the pharma story is not over yet. I bought lot of IRCTC between 800-1000 levels and averaged up at 1400, that along with Happiest minds are 2 best pics in last 2 years. Nifty bees have doubled though booked out of n100 Regret selling most of finserve around 7k, though still holding finance. Losing money in ujjivan sfb :( Entered delta Corp, IEX and zomato recently. I know zomato valuations don't make sense, but is a boom or bust, worth putting some money imo Yeah been hearing about freak trades, but I don't do stop loss trades very often rather belive in position sizing so not bothered about it . The margin reduction does pinch occasionally, but overall it's a good thing imo . I don't know many traders who are complaining, though there seems to be lot of noice around it in Twitter etc . Some brokers wer giving 50-80x leverage which was ridiculous, seriously who makes money with that kind of margin? nevada and Straight Drive 2 Link to comment Share on other sites More sharing options...
jusarrived Posted September 9, 2021 Share Posted September 9, 2021 On 9/7/2021 at 8:02 PM, Straight Drive said: Hope this does not happens in cash segment. Unlikely in cash, with options it's very easy for index to move 100 pts in few minutes and this can cause some active strike prices to become illiquid suddenly as the OI shifts, but can't see that happening in cash ..may be on a big event day Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted September 15, 2021 Share Posted September 15, 2021 On 9/9/2021 at 10:16 PM, jusarrived said: Never liked Britannia, Divis is still a good hold imo . I think the pharma story is not over yet. I bought lot of IRCTC between 800-1000 levels and averaged up at 1400, that along with Happiest minds are 2 best pics in last 2 years. Nifty bees have doubled though booked out of n100 Regret selling most of finserve around 7k, though still holding finance. Losing money in ujjivan sfb :( Entered delta Corp, IEX and zomato recently. I know zomato valuations don't make sense, but is a boom or bust, worth putting some money imo Yeah been hearing about freak trades, but I don't do stop loss trades very often rather belive in position sizing so not bothered about it . The margin reduction does pinch occasionally, but overall it's a good thing imo . I don't know many traders who are complaining, though there seems to be lot of noice around it in Twitter etc . Some brokers wer giving 50-80x leverage which was ridiculous, seriously who makes money with that kind of margin? Personally have exited Divis. IRCTC and Happiest Minds have had a huge run indeed. Not holding any position though. Link to comment Share on other sites More sharing options...
velu Posted September 19, 2021 Author Share Posted September 19, 2021 beetle and nevada 2 Link to comment Share on other sites More sharing options...
velu Posted September 20, 2021 Author Share Posted September 20, 2021 @Straight Drive biggest developer in china defaults .. not sure how it will affect us or the global mkts https://economictimes.indiatimes.com/markets/stocks/news/evergrande-effect-chinese-property-developer-sinic-shares-tank-87-trading-halted/articleshow/86364165.cms https://www.bloomberg.com/news/videos/2021-09-20/evergrande-isn-t-having-a-lehman-moment-says-ubs-baweja-video Straight Drive 1 Link to comment Share on other sites More sharing options...
diga Posted September 21, 2021 Share Posted September 21, 2021 anyway a 3-5% correction was due... Evergrande was just the trigger Link to comment Share on other sites More sharing options...
Straight Drive Posted October 3, 2021 Share Posted October 3, 2021 (edited) On 9/21/2021 at 12:13 AM, velu said: @Straight Drive biggest developer in china defaults .. not sure how it will affect us or the global mkts https://economictimes.indiatimes.com/markets/stocks/news/evergrande-effect-chinese-property-developer-sinic-shares-tank-87-trading-halted/articleshow/86364165.cms https://www.bloomberg.com/news/videos/2021-09-20/evergrande-isn-t-having-a-lehman-moment-says-ubs-baweja-video NIFTY has seen a drop but it is due to other factors and it is more like usual correction. Banking sector needs to be keenly watched for obvious reasons. Bond markets have reacted to this already. Hopefully China will manage this with restricted impact overall. Edited October 3, 2021 by Straight Drive Link to comment Share on other sites More sharing options...
velu Posted October 9, 2021 Author Share Posted October 9, 2021 nevada 1 Link to comment Share on other sites More sharing options...
Trichromatic Posted October 12, 2021 Share Posted October 12, 2021 Added Radico Khaitan yesterday. Link to comment Share on other sites More sharing options...
coffee_rules Posted October 17, 2021 Share Posted October 17, 2021 dial_100 1 Link to comment Share on other sites More sharing options...
Trichromatic Posted October 18, 2021 Share Posted October 18, 2021 Tata power, IEX and IRCTC - all 3 have given great returns in last few weeks. Link to comment Share on other sites More sharing options...
diga Posted January 10, 2022 Share Posted January 10, 2022 BTW where is @Straight Drive ? Hope our senior citizen is in good health... Is it time to encash? Link to comment Share on other sites More sharing options...
diga Posted February 16, 2022 Share Posted February 16, 2022 @velu ... hope you are light on your positions .. lot of chess moves being played from both Putin & Biden/EU Link to comment Share on other sites More sharing options...
velu Posted February 16, 2022 Author Share Posted February 16, 2022 3 hours ago, diga said: @velu ... hope you are light on your positions .. lot of chess moves being played from both Putin & Biden/EU i got screwed in pre-budget trades mostly I do intraday selling Link to comment Share on other sites More sharing options...
diga Posted February 16, 2022 Share Posted February 16, 2022 35 minutes ago, velu said: i got screwed in pre-budget trades mostly I do intraday selling How do you manage on days like today where there was moves on both sides? Link to comment Share on other sites More sharing options...
velu Posted February 16, 2022 Author Share Posted February 16, 2022 38 minutes ago, diga said: How do you manage on days like today where there was moves on both sides? i usually do long straddle + 2x short strangle + next week long strangle from Monday to Wednesday.. I lost today because mkt didn’t move much from yesterday diga 1 Link to comment Share on other sites More sharing options...
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