General Trading Chat

[checkmate7]

And surely 21000 Pe are not being written at 70 Paisa on the 1st day of current expiry. No incentive for writing it.

Very strange just now checked it ....in 1 week 2000 points no way or even 1000 will serve the purpose

 

[manoj2012]

Whats the premise for such an unusual activity anticipated in Banknifty .......

maybe some big guys speculating on hawkish monetary policy ..... or some new NPAs announcement in banking sector ....... at best a speculation ..... or some insider info ... ??

 

[Prataap_2013]

RBI monetary policy on June 7

 

[manoj2012]

RBI monetary policy on June 7

Speculation may just start beginning ..... climaxing till 7th

 

[ap*]

Very strange just now checked it ....in 1 week 2000 points no way or even 1000 will serve the purpose

4-5%downmove in Bn in under a week isnt happening unless there is some terrible news to boot. A suprise rate hike (.01% chance ) or some terrorist act or something of that order is needed for this.

 

[varunkochhar]

Yes it just might be a red herring.

 

[varunkochhar]

Oh i did not know about the RBI meet. So it is business as usual then.

 

[Prataap_2013]

Speculation may just start beginning ..... climaxing till 7th

CITI says because of weak GDP numbers chances of rate cut by RBI has increased to 40%

 

[manoj2012]

CITI says because of weak GDP numbers chances of rate cut by RBI has increased to 40%

If that happens ...... its positive ......

 

[varunkochhar]

YES. Thanks.