velu Posted May 19, 2019 Share Posted May 19, 2019 34 minutes ago, Straight Drive said: Bull rally to break new highs. The long good times are here to stay given the exit polls are very much in favor of this govt. continuing. Hope the next quarter sees double digit profit margins to aid the rally further. @velu @randomGuy @jusarrived decent bull mkt is good for intraday option sellers anywya mkt have its own mind .. china vs usa war , iran issues might be a dampener for our mkts as well .. but our economy shld keep going up from strength to strength Straight Drive 1 Link to comment Share on other sites More sharing options...
velu Posted May 19, 2019 Share Posted May 19, 2019 9 hours ago, Straight Drive said: Fell that the market will make new highs this month itself if majority have voted for BJP this time as well. we are just 5% below life time highs .. probably we will see 3/4% upmove tomorrow itself Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted May 19, 2019 Share Posted May 19, 2019 3 minutes ago, velu said: we are just 5% below life time highs .. probably we will see 3/4% upmove tomorrow itself If that happens for real it would be a great kickstart before the market launches itself into last gears on 24th May. velu 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted May 19, 2019 Share Posted May 19, 2019 7 minutes ago, velu said: decent bull mkt is good for intraday option sellers anywya mkt have its own mind .. china vs usa war , iran issues might be a dampener for our mkts as well .. but our economy shld keep going up from strength to strength The earnings were majorly in single digits in last quarter still it held off reasonably well. But as you say the trade war and Iran factor might put some brake and pull it slightly below the days high tomorrow. Link to comment Share on other sites More sharing options...
velu Posted May 20, 2019 Share Posted May 20, 2019 bank nifty hits all time high and closed at all time high .. nifty closed at all high .. good days ahead Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted May 20, 2019 Share Posted May 20, 2019 2 hours ago, velu said: bank nifty hits all time high and closed at all time high .. nifty closed at all high .. good days ahead Indeed, what a fabulous day it was. Sensex up by 3.75 % NIFTY 50 by 3.69 % NIFTY Small Cap 100 by 4.61 % NIFTY Midcap 100 by 4.07% NIFTY Bank 30579 Just wish that the exit polls results turn out to be true. Offcourse there will be some profit booking when the stocks make their life time highs post election results. On a positive note the volatility due to election will be past and it will be a broader upmove despite some corrections due to profit bookings. velu and tweaker 2 Link to comment Share on other sites More sharing options...
jusarrived Posted May 20, 2019 Share Posted May 20, 2019 On 5/19/2019 at 10:00 PM, Straight Drive said: Bull rally to break new highs. The long good times are here to stay given the exit polls are very much in favor of this govt. continuing. Hope the next quarter sees double digit profit margins to aid the rally further. @velu @randomGuy @jusarrived 4 hours ago, Straight Drive said: Indeed, what a fabulous day it was. Sensex up by 3.75 % NIFTY 50 by 3.69 % NIFTY Small Cap 100 by 4.61 % NIFTY Midcap 100 by 4.07% NIFTY Bank 30579 Just wish that the exit polls results turn out to be true. Offcourse there will be some profit booking when the stocks make their life time highs post election results. On a positive note the volatility due to election will be past and it will be a broader upmove despite some corrections due to profit bookings. Even if the exit polls are proved right , I expect a big correction next month and then pick up from there towards 14-15 k in next 2 years Straight Drive 1 Link to comment Share on other sites More sharing options...
jusarrived Posted May 20, 2019 Share Posted May 20, 2019 6 hours ago, velu said: bank nifty hits all time high and closed at all time high .. nifty closed at all high .. good days ahead I am probably the only guy who lost money on nifty today . Had 10 lots of 11800 ce bought at 227 , which I exited at 215 almost days low for some reason . It closed at 350 Was carrying IndusInd bank CEs , sold at opening and hdfc bank CE from Friday . Still carrying Hdfc bank . Not a bad day , but it was easy one directional . I know a few noobs who made tons of money today . :( Link to comment Share on other sites More sharing options...
jusarrived Posted May 20, 2019 Share Posted May 20, 2019 Tomorrow should be good to sell CE if there is a gap up imo Link to comment Share on other sites More sharing options...
Straight Drive Posted May 23, 2019 Share Posted May 23, 2019 As the election results are coming in NIFTY has touched 11901. Sensex is at 39653. The markets has launched itself sensing a BJP win. A further up move possible as Leading seats data pours in Link to comment Share on other sites More sharing options...
velu Posted May 23, 2019 Share Posted May 23, 2019 On 5/20/2019 at 11:25 PM, jusarrived said: Tomorrow should be good to sell CE if there is a gap up imo sold puts i wanted to avoid , but verdict is clear Link to comment Share on other sites More sharing options...
jusarrived Posted May 23, 2019 Share Posted May 23, 2019 (edited) 27 minutes ago, velu said: sold puts i wanted to avoid , but verdict is clear Yeah I was tempted to take futures long , but stayed away . Made my money on last 2 days in IndusInd bank , hdfc bank and nifty . Today is a complete avoid for me #niftyat12k Edited May 23, 2019 by jusarrived Link to comment Share on other sites More sharing options...
jusarrived Posted December 16, 2019 Share Posted December 16, 2019 On 3/21/2019 at 1:34 PM, jusarrived said: Like pvt banks , I exited all PSU banks but for SBI last week ... Kotak bank , Axis , Voltas and Tata global . May be wait for this months expiry for dips . I like RBL bank too , but long term . Even Yes bank is still a value buy imo Only Yes bank has been a red for me , still holding it. SBI , Kotak and Tata global where my best returns this year :) Link to comment Share on other sites More sharing options...
Straight Drive Posted January 4, 2020 Share Posted January 4, 2020 Petrol prices have already rised since the yesterday's attack on Iranian general. Brent curse rose by 4 percent. Expect it to rise further as Iran retaliates in the "Strait of Hormuz". Sensex was down by 162 points. The global economy had not even recovered completely from the China-US trade war and this conflict has just begun. Very likely that this quarter we shall see a muted profitability and growth for most sectors. 2020 has started on a very bad note due to I crease of oil prices reacting to global events. Your thoughts : @randomGuy @velu Link to comment Share on other sites More sharing options...
jusarrived Posted January 4, 2020 Share Posted January 4, 2020 @velu heard about new SEBI rules on intraday leverage for option writing ? What the heck are these guys up to Link to comment Share on other sites More sharing options...
velu Posted January 4, 2020 Share Posted January 4, 2020 4 hours ago, Straight Drive said: Petrol prices have already rised since the yesterday's attack on Iranian general. Brent curse rose by 4 percent. Expect it to rise further as Iran retaliates in the "Strait of Hormuz". Sensex was down by 162 points. The global economy had not even recovered completely from the China-US trade war and this conflict has just begun. Very likely that this quarter we shall see a muted profitability and growth for most sectors. 2020 has started on a very bad note due to I crease of oil prices reacting to global events. Your thoughts : @randomGuy @velu I am like Cyrus the virus guy .. I dont think that far Its not easy to predict medium to long term If Iran escalates it will definitely affect the global markets Link to comment Share on other sites More sharing options...
velu Posted January 4, 2020 Share Posted January 4, 2020 2 hours ago, jusarrived said: @velu heard about new SEBI rules on intraday leverage for option writing ? What the heck are these guys up to I called Motilal Oswal and they told that this is not practical and most brokers will oppose this move , so mostly this upfront margin collectiom won't be implemented .. Looks like only Zerodha guys will support this because they are losing their very active traders to high leverage discount brokers .. Other hand sebi is considering lowering the margin for hedged trades , so it might compensate a bit in case upfront margin collection goes live .. Also this upfront margin collection will kill all expiry day traders Link to comment Share on other sites More sharing options...
jusarrived Posted January 4, 2020 Share Posted January 4, 2020 1 hour ago, velu said: I called Motilal Oswal and they told that this is not practical and most brokers will oppose this move , so mostly this upfront margin collectiom won't be implemented .. Looks like only Zerodha guys will support this because they are losing their very active traders to high leverage discount brokers .. Other hand sebi is considering lowering the margin for hedged trades , so it might compensate a bit in case upfront margin collection goes live .. Also this upfront margin collection will kill all expiry day traders Yeah I checked with my brokers , they all saying it’s not confirmed . The lower margin option for hedged I heard is coming by end of this month . So if exposure margin goes off you could short positional for around 1.2 lac . I need some help with writing options , can you tell me what time of the day do you put your trades in and when do you normally exit ? Link to comment Share on other sites More sharing options...
velu Posted January 4, 2020 Share Posted January 4, 2020 13 minutes ago, jusarrived said: Yeah I checked with my brokers , they all saying it’s not confirmed . The lower margin option for hedged I heard is coming by end of this month . So if exposure margin goes off you could short positional for around 1.2 lac . I need some help with writing options , can you tell me what time of the day do you put your trades in and when do you normally exit ? I usually wake up by 11am I will wait from 1pm and mostly I will short before 2.30pm .. Will hold it till 3.15 as long as the positions are not skewed or SL is hit Link to comment Share on other sites More sharing options...
jusarrived Posted January 4, 2020 Share Posted January 4, 2020 2 hours ago, velu said: I usually wake up by 11am I will wait from 1pm and mostly I will short before 2.30pm .. Will hold it till 3.15 as long as the positions are not skewed or SL is hit Ok market tends to get volatile after 1:00 pm ? Do you always get decay in last 2 hours ? And what’s your stop loss like ? Link to comment Share on other sites More sharing options...
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