General Trading Chat

travi

Well-Known Member
Sir, I am holding both Bajajfinsv & Bajfinance (down 7 & 12 % from my Avg buy prices)...Its frustrating to watch the PF down..but historically all good stocks have lead the next rally...If no rally by year end I will be having my first red year in 7 yrs:)
Historically, Jul - Oct periods have been correction ones as well :D:D
 

kainiteh

Well-Known Member
Hi all,
I holding short 47 lots of USDINR sep contract at 70 INR,
Expiry is 26 sep, means tomorrow....
I will take loss, big news on USDINR from RBI tomorrow....
but i am afraid of holding till tomorrow due to cash settlement?
Please enlighten about cash settlement!!
 

Riskyman

Well-Known Member
Hi all,
I holding short 47 lots of USDINR sep contract at 70 INR,
Expiry is 26 sep, means tomorrow....
I will take loss, big news on USDINR from RBI tomorrow....
but i am afraid of holding till tomorrow due to cash settlement?
Please enlighten about cash settlement!!

I sent you a PM. check it. Also expiry should be last working day of the month excluding saturday i.e 28th sept and not tomo.
However, tomo will be the last trading day for this contract.
 

Riskyman

Well-Known Member
LIC chairman promises bailout to IL&FS - TV news.

That's what seems to be making the financials happy.
Here after, LIC should call itself "Life insurance for Corporates".

Sadly, all these companies and some Banks lent money unscrupulously. Public money is eventually used to bail them out. Why?
 
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