Day Trading Stocks & Futures

[against_tides]

It will give some sideways ups and downs to hit SL's and when all are fed up.. suddenly it will move in a straight line
1:15 or 1:30 might start the upmove.. just a guess .. when all office goers are gone for lunch .. !!

To be sustainable up it normally goes after 2.30....
1.30 walla mostly spike hota hai..

 

[travi]

I think the credit/liquidity crisis fears of OCT are getting resurrected again

the same basket of stocks are getting hammered, IBulhsgfin & the lot

 

[Raj232]

To be sustainable up it normally goes after 2.30....
1.30 walla mostly spike hota hai..

Good observation ..

 

[Raj232]

Subhash se long hi the.. jor se padi aaj. Now afraid of going long.

can you post the chart for the reason for long in the morning ..? or was it gut feel ..?

 

[Riskyman]

I think the credit/liquidity crisis fears of OCT are getting resurrected again
the same basket of stocks are getting hammered, IBulhsgfin & the lot

DHFL just managed to avoid default by paying up interest on Bonds due june 4th. They raised the money via stake sale in Aadhar housing. Their paper is downgraded to Junk though. Not sure how they go about subsequent payments.

I know of IL&FS. Who else is likely to default ?

 

[Raj232]

DHFL just managed to avoid default by paying up interest on Bonds due june 4th. They raised the money via stake sale in Aadhar housing. Their paper is downgraded to Junk though. Not sure how they go about subsequent payments.

I know of IL&FS. Who else is likely to default ?

This news was out 1-2 days back.. After stake sale, the rating will be reinstated (although reduced) due to delay.
There are 4 groups affected : DHFL, IL&FS, ADAG, ZEE ... not sure how many more will get added as days pass .. ..but it seems so much for now

 

[nil.nik.9777]

can you post the chart for the reason for long in the morning ..? or was it gut feel ..?

Yes bhai it was based on yesterday's end of data and options chain analysis.

Yesterday FII covered some short and added new long position in index futures whereas index options were neutral. So I was on buy bias if there is any 100 points drop in banknifty.

Unfortunately things didn't work and as position was heavy so had to take losses. Anyways covered most of losses on same CEs on buy side.

So that index futures buying was to mislead the retailers.

 

[against_tides]

DHFL just managed to avoid default by paying up interest on Bonds due june 4th. They raised the money via stake sale in Aadhar housing. Their paper is downgraded to Junk though. Not sure how they go about subsequent payments.

I know of IL&FS. Who else is likely to default ?

Who else is not like to..
Housing game was very well played by policymakers...
Indians considering land as investment option is main reason for this..
In developed countries.owning a second house is not preferred as Tax for subsequent houses is exponentially high

 

[travi]

DHFL just managed to avoid default by paying up interest on Bonds due june 4th. They raised the money via stake sale in Aadhar housing. Their paper is downgraded to Junk though. Not sure how they go about subsequent payments.

I know of IL&FS. Who else is likely to default ?

The problem with this type of financial lochas are very similar to 2008. They cant be isolated but unravel with Domino effect.
then no one is spared. Every borrower and lender is inter-linked, they go home thinking they are diversified but the knots are all in on place

 

[Raj232]

Good observation ..

Seems like good level @ Rs 40 - 45 for 31200 CE .. paper trading