Day Trading Stocks & Futures

[Shiv12345]

Nice ... Jhamaa Jhamm option writing chal rahi hai ... Option writers are the biggest winners so far in 2018 .... khoob paisaa batoraa writers ne subhaah subhaah .... sahi hai

 

[Shiv12345]

Look at Mid-caps. Amazing performance!

 

[Shiv12345]

Time to take a decision. If I am reading the charts correctly, either we are about to see further extension of inner wave (iii) of impulsive wave 5 which may lead to breakout soon. Or else, inner wave (iv) of impulsive wave (5) will form any time & drag the index below a little bit from here.

I just bought BN 25600 PE @ 149 (4th Jan). Stop Loss will be both BN surpassing 25600 mark convincingly and Nifty touching all time high.

 

[Shiv12345]

Look at Mid-caps. Amazing performance!

Mid-caps are living in a different world altogether.

 

[Raj232]

Midcaps are hoping to become the next years large caps. But the current largecaps (especially banking) seems to be stretched too far.. personally keeping out of the market till it corrects a bit.. i'm not expecting any upmoves at all..

However many babus and lalas are pouring in their money to mutual funds, etc as there is no other real investment avenue available at this time (not even housing market).

I feel there will be a correction for the next 1-2 days ..

 

[Shiv12345]

Time to take a decision. If I am reading the charts correctly, either we are about to see further extension of inner wave (iii) of impulsive wave 5 which may lead to breakout soon. Or else, inner wave (iv) of impulsive wave (5) will form any time & drag the index below a little bit from here.

I just bought BN 25600 PE @ 149 (4th Jan). Stop Loss will be both BN surpassing 25600 mark convincingly and Nifty touching all time high.

Sold BN 25600 PE @ 157 .... Option writing just too strong at the moment. Even after almost 45 points of correction in BN index, option value producing just peanuts. Anyways looking for next trade.

 

[Shiv12345]

Midcaps are hoping to become the next years large caps. But the current largecaps (especially banking) seems to be stretched too far.. personally keeping out of the market till it corrects a bit.. i'm not expecting any upmoves at all..

However many babus and lalas are pouring in their money to mutual funds, etc as there is no other real investment avenue available at this time (not even housing market).

I feel there will be a correction for the next 1-2 days ..

I agree .... Especially with the housing point. Back here in Dwarka (New Delhi), even today, the rate of 1600 sq feet apartment flat is still stuck at Rs. 1.50 crore.

This was the rate some three to four years ago. Also, during 2012, the prices peaked around Rs. 1.65 crore to Rs. 1.75 crore approx. Housing has not done any wonders since past 4 years or so in India ... However, currently in US, Singapore & Europe, housing sector is on rampage giving super duper turbocharged returns.

But let me also remind that housing & real estate was firing all cylinders between 2003 to 2011 here in our country. Every year it was producing 100% return. Just awesome! That made a lot of middle class families in India super rich.

 

[Shiv12345]

Ok .... This one was looking inevitable .. KOTAKBANK 1040 CE (January) bought at 8.65 and sold just now at 8.90 ... Having retraced a bit (forming reverse 'V' shape) during past few sessions, it was looking good to push itself up a bit intraday as well as adding few points (peanuts) in BN index ... Looking for third trade (if at all possible) ....

 

[Raj232]

I agree .... Especially with the housing point. Back here in Dwarka (New Delhi), even today, the rate of 1600 sq feet apartment flat is still stuck at Rs. 1.50 crore.

This was the rate some three to four years ago. Also, during 2012, the prices peaked around Rs. 1.65 crore to Rs. 1.75 crore approx. Housing has not done any wonders since past 4 years or so in India ... However, currently in US, Singapore & Europe, housing sector is on rampage giving super duper turbocharged returns.

But let me also remind that housing & real estate was firing all cylinders between 2003 to 2011 here in our country. Every year it was producing 100% return. Just awesome! That made a lot of middle class families in India super rich.

Real estate made crorepathis in Bangalore when IT got a big push in 2000's. What was 20 lacs became 2 crore easily. But that has become stuck at those rates with no buyers as of now. Even IT sector has slowed down quite a lot in 2017. 2018 may be worse for IT.

 

[Shiv12345]

Real estate made crorepathis in Bangalore when IT got a big push in 2000's. What was 20 lacs became 2 crore easily. But that has become stuck at those rates with no buyers as of now. Even IT sector has slowed down quite a lot in 2017. 2018 may be worse for IT.

Correct .... Also, I wonder how many Crorepatis & Roadpatis have emerged ONLY & ONLY bcoz of BANKNIFTY .... ha ha