Stocks To Keep A Close Eye On

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gauharjk

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I don't understand how bribe taking can be considered scam? This is India! Whats the big fuss about? :D

When I saw LIC Housing Finance down 18%, other stocks were holding up fine. Tata Steel was @ 620 levels. Everything looked fine. Suddenly, the entire market collapsed. Strong Companies that have nothing to do with finance also went down. :)
 

Rishi001

Well-Known Member
Its the fear of the unknown, since no one really knows yet how big this thing is.



I don't understand how bribe taking can be considered scam? This is India! Whats the big fuss about? :D

When I saw LIC Housing Finance down 18%, other stocks were holding up fine. Tata Steel was @ 620 levels. Everything looked fine. Suddenly, the entire market collapsed. Strong Companies that have nothing to do with finance also went down. :)
 

MurAtt

Well-Known Member
Options OI for Dec show an almost 1 mil PE writing at 5800 levels ... so ....
Nov we can move down 2morrow BUT 5800PE Dec is No 1 as of today ... 6000CE Dec at No 2.

Overall Dec PE never got covered even in this big a fall ... Nov did ...
Nov CE added too in good vols ...

So mark the direction and take your pick :D
 
Options OI for Dec show an almost 1 mil PE writing at 5800 levels ... so ....
Nov we can move down 2morrow BUT 5800PE Dec is No 1 as of today ... 6000CE Dec at No 2.

Overall Dec PE never got covered even in this big a fall ... Nov did ...
Nov CE added too in good vols ...

So mark the direction and take your pick :D
5800 put for hedging 5900 call and 6000 call for hedging 5900 puts:D:p
 

saivenkat

Well-Known Member
I don't understand how bribe taking can be considered scam? This is India! Whats the big fuss about? :D

When I saw LIC Housing Finance down 18%, other stocks were holding up fine. Tata Steel was @ 620 levels. Everything looked fine. Suddenly, the entire market collapsed. Strong Companies that have nothing to do with finance also went down. :)
Gauhar bro, you dont need any special reasons for market to collapse.. Just the word Panic is enough.

This reminds me of the lines in Julius Caesar, when utter chaos prevail after the death of Julius Caesar, where Shakespear clearly portrays the mob psychology.

Mob: Who is it there, passing on..

Man: Me.. I am Cinna..

Mob : Cinna..!! O! gosh!
Hey Kill Him..
Kill him now,
Kill him immediately..

Cinna : I am Cinna the Poet, not the CONSPIRATOR..I am innocent..

Mob: No matter, Kill Him for his NAME..

( Finally the poet, Cinna loses his life)


This is the kind of mood the market steps into when the panic button is pressed. No stock is spared.. Just sell it..

Regards
Saivenkat
 

MurAtt

Well-Known Member
BUT in a way its good ... let the scams come out ... its mostly corruption .... and its showing its ugly face (wherein earlier it was hidden) ...

Let someone get fedup and do something about it .. for one .. MMS our No1 man .. he could be the man .. i.e. if he's as clean as the image he has shown ... and I feel he is .. his inactivity or inability could be bcoz of the backstage pressure ...

Lets hope for the best ....

Cheers ......
 
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