Day Trading Stocks & Futures

[cinderblock]

If the package today is related to corporates/markets or something important for market, FM might have the presser before close today.

So people get a chance to short or long

 

[Raj232]

whats so special today rajbhai ?

All package announcements are almost made (maybe few clarifications left). Now mutual funds, Prop guys and FPI's have left it to the algo's to drive the market. They to to do some purchases to modify the sideways /down move and make it into upmove now..

Multiple such packages cannot be expected.

 

[travi]

flat start, lets see but today is a slight bullish bias unless Fryday effect turns up.
no opening trade.

 

[vikas21311]

Gold

 

[Positivetrader]

From the mail sent by Franklin (winding up of 6 schemes):
... ... .. ..
I would like to confirm that we continue to receive inflows regularly and all maturities and other commitments have been received as per schedule thus far. We continue to see a marked reduction in borrowing levels across some of our funds under winding-up, as we receive these cash flows via coupons, scheduled maturities and prepayments.

I am aware that some of you have concerns regarding the maturity profiles of the schemes that we shared. Let me reiterate that the maturity profile disclosed by us, unique to each scheme, is only based on maturity date and and put / call dates of each of the securities. However, the schemes will explore all opportunities to monetize the underlying assets in the portfolio before the maturity date, without resorting to distress sales, such that we can return investor monies at the earliest possible time. It will be the endeavor of the schemes to return these monies well in advance of the maturity dates of the underlying securities.

According to regulations, the scheme must discharge its liabilities, including borrowings, before returning monies to unitholders. However, I want to clarify the misconception that repaying the borrowing will take value away from investors. The borrowing in the schemes (undertaken in line with SEBI regulations) is considered a liability for the scheme, and has already been adjusted while determining the AUM. Effectively, the portfolio value is higher than the AUM reported and repayment of borrowing will not impact the net AUM.
... ... ... ... ... ...
Only part of the content of the email provided for information.

 

[vikas21311]

See the difference between Nifty and Banknifty bounce

View attachment 42547


View attachment 42548

Actually good similarty in these two. Both are untradeable .

 

[timepass]

See the difference between Nifty and Banknifty bounce

View attachment 42547


View attachment 42548

Actually good similarty in these two. Both are untradeable .

Yes, the percentages are different, but the candle layouts show similarity, strikingly.

 

[cinderblock]

Can the FM make a substantial GST cut for like 4-6 months to front-load demand? As it is, GST collections are dismal. Maybe the remaining 2-3L crore of stimulus could be used to cut GST temporarily.

Or does it need to be approved by Parliament?

 

[vikas21311]

Can the FM make a substantial GST cut for like 4-6 months to front-load demand?

Or does it need to be approved by Parliament?

Could be done by GST panel only which involves all states.

 

[primitivetrader]

as per me in NF open trade was "open rejection reverse", from S1. conservative tgt is 9176-9180 as its against the trend it's always better to trade with min 2 lots else trail the sl tight