How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

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SexyTrader

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aisa dikhta nahi hai.. any charts please ??
The basic rule as I have noticed ....once BankNifty starts scraping the bottoms, it will always attract its own set of buyers looking for a cheap bargain :thumb: So with short-covering and a slight lift of the mood....it will race faster than anything else.

So we are talking of 1000-2000 points of pure gain :) I'm sure even the "operators" are planning some tricks to get that soon!
 

SexyTrader

Well-Known Member
As per my observation, this series shows quite a bit of negative sentiment atleast for now.

But the Government and( the "operators" too !!!) cannot allow the sentiment to remain so bleak. So they are taking whatever steps they can :) Hence I expect the BankNifty to show the rallying first....coz the country's banking index cannot keep scraping the bottoms and the Government knows its not good for its image.

Thats the reason I continue to hold the Written 10600 PE position :thumb: coz I expect 11000 or more to come in this August series
 

TraderRavi

low risk profile
Well I booked Losses in Short-selling 120 lots of 10900 PE July series at 163/- today and my loss is 22 points :thumb:

And......I rolled over today by Short-selling 120 lots of 10600 PE August series at average price of 280/- :)

Will profit-book with as many gain points I can get soon! And make up for the loss of 22 points in the 10900 PE July series trade :thumb:
As per my observation, this series shows quite a bit of negative sentiment atleast for now.

But the Government and( the "operators" too !!!) cannot allow the sentiment to remain so bleak. So they are taking whatever steps they can :) Hence I expect the BankNifty to show the rallying first....coz the country's banking index cannot keep scraping the bottoms and the Government knows its not good for its image.

Thats the reason I continue to hold the Written 10600 PE position :thumb: coz I expect 11000 or more to come in this August series
sexyyyyyyyy this trade of urs was underwater from start .........:confused:
 

SexyTrader

Well-Known Member
sexyyyyyyyy this trade of urs was underwater from start .........:confused:
when I took this new position, the situation was not looking that way.

Then negative things started to unfold...RBI, dollar-rupee etc etc :)

But my decision to write 10600 PE is still the same as it was :thumb: And I expect the BankNifty to race ahead once the Government brings in some solid assurance in this month. Infact everyone is waiting for that..including the "operators" :)
 

TraderRavi

low risk profile
when I took this new position, the situation was not looking that way.

Then negative things started to unfold...RBI, dollar-rupee etc etc :)

But my decision to write 10600 PE is still the same as it was :thumb: And I expect the BankNifty to race ahead once the Government brings in some solid assurance in this month. Infact everyone is waiting for that..including the "operators" :)
I know two operators here in TJ...........:thumb:
 

SexyTrader

Well-Known Member
I know two operators here in TJ...........:thumb:
And till BankNifty starts rallying soon, I get to enjoy the premium collected by writing 10600 PE...so doing just that and waiting :)
 

Gandhar.

Well-Known Member
when I took this new position, the situation was not looking that way.

Then negative things started to unfold...RBI, dollar-rupee etc etc :)

But my decision to write 10600 PE is still the same as it was :thumb: And I expect the BankNifty to race ahead once the Government brings in some solid assurance in this month. Infact everyone is waiting for that..including the "operators" :)
are u waiting for sbi results???:D
 
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