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

[TraderRavi]

The Friday high of 14.90 came within seconds after the opening price of the day. It is very difficult to capture those moments. Later in the day more than the delta working on the options it was vega that dragged the price down. IV dropped from 21 to 18 and that's what brought the price of the 5300PE to close at 8.75 even in a heavily falling market. So now I had to spend the weekend praying rather than relaxing. :lol::lol::lol:. So I am busy on the weekend too.:thumb:

chant mahamrityunjay mantra for ur PE's, though not worked on my PE's on friday..........

 

[TraderRavi]

So now I had to spend the weekend praying rather than relaxing. :lol::lol::lol:. So I am busy on the weekend too.:thumb:

thats why I hate overnight positions.............

 

[moneywise]

Although, predicting is for fools, Dare I suggest that we might have had a short term bottom on friday. The way some stocks like JP, SBI and Hindalco held up on friday amid the infy onslaught, looks like smart money may be entering in.

Even I am getting that jittery feeling. But I also feel that on 16th Reliance results and then on 17th other IT major results might not be so good to push the market upwards and we might see another bout of Nifty taking a plunge. Counting heavily on that. But then you rightly said that predicting is for fools. If it were so easy to predict the direction of the market all the members of TJ would have been counting mullah rather than posting their views. :lol::lol:

 

[moneywise]

thats why I hate overnight positions.............

How true! Me too hate keeping overnite any open positions. Imagine what must have happened to all "INVESORS" who were holding Infy in their portfolio. After 20% fall many investors must have sworn never to look back on stock market to put their hard earned money on. :annoyed::annoyed:

 

[moneywise]

Although, predicting is for fools, Dare I suggest that we might have had a short term bottom on friday.......

All said and done our own Sexy Sir has perfected the art of correctly predicting and staying in awesome profit all of the times!!!:clap:
Since he is having so much confidence in Bank Nifty PE, I am attaching my confidence with him and riding free in his car. :rofl: Happy safe journey to both of us. :thumb:

 

[TraderRavi]

He said somewhere that he can read "the snake". Well .. salaam !!

Simple! I'm not an expert on TA/FA at all...i see "the snake" and decide where can it possibly move!

 

[abhi.]

Arre bhai sexy yeh saala Put to hila hi nahi . Confuse kar diya aaj ki movement ne

It will....after 11 am onwards :thumb:

Hila to sahi lekin saala ulti direction mein rupture ho gaya.
Ghor kalyug aa gaya hai, Nifty tanks 1.2% and BankNifty jumps 1% :annoyed:

 

[abhi.]

Although, predicting is for fools, Dare I suggest that we might have had a short term bottom on friday. The way some stocks like JP, SBI and Hindalco held up on friday amid the infy onslaught, looks like smart money may be entering in.

Baad ka to pata nahi par abhi to piddi nikal gayi smart buying ki , isse accha to gadha buying hi aur kar lete to it wud have been good

 

[TraderRavi]

sexy sir, BNF 11550.........bahut ud raha hai...........:lol:

 

[SexyTrader]

sexy sir, BNF 11550.........bahut ud raha hai...........:lol:

Let BNF fly for now though I cannot think of any good reason as to why its flying!.... But as long as DOUBLING is got before expiry...its fine :thumb:

So I hold