Stocks To Keep A Close Eye On

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Rishi001

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Hi SG Sir,

The open interest in Vij 100 CA has increased by 324,000.... does this mean more people are buying and we can still see the price of 4+ in coming days?.... Not sure how to read and interpret the open interest figures ....vis a vis the price. Your views would be very helpful.
 

SavantGarde

Well-Known Member
Rishi,

Have mentioned this several times that I do not look at OI, Volumes or any such data....it is just clutter for my small brain...


SavantGarde

Hi SG Sir,

The open interest in Vij 100 CA has increased by 324,000.... does this mean more people are buying and we can still see the price of 4+ in coming days?.... Not sure how to read and interpret the open interest figures ....vis a vis the price. Your views would be very helpful.
 
Hi SG Sir,

The open interest in Vij 100 CA has increased by 324,000.... does this mean more people are buying and we can still see the price of 4+ in coming days?.... Not sure how to read and interpret the open interest figures ....vis a vis the price. Your views would be very helpful.
If calls have increased substantially wrt to puts at the strike price, generally it means, the calls have been written.
which indicates, it might struggle to cross 100.
 

rajeabc

Well-Known Member
Hi SG Sir,

The open interest in Vij 100 CA has increased by 324,000.... does this mean more people are buying and we can still see the price of 4+ in coming days?.... Not sure how to read and interpret the open inteprest figures ....vis a vis the price. Your views would be very helpful.
These data are for Writing. So when you say OI increased in CA.. mean more people are writing CA at that strike and expecting price to down or be below that.
 

SwingKing

Well-Known Member
I was actually following Raunak Sir's call for a swing trade in DLF which he gave on 13th December.



Stop loss was 282. I entered today @286 as the swing trade was intact. When stop loss was hit, Raunak sir gave a call...



DLF was at 283 at that time. I kept a sell order @286 but the stock did not retrace.

For some reason, I am attracted to real estate stocks. This is fatal for my ledger... :D

Cheers!
Gauhar My dear,

Problem is you read too much in between lines. :)

DLF trade was initiated at 290. At breach of 285 today I sensed the trade is wrong and hence I posted exit at 285-286. I finally exited around average of 283.3 - 284.5 as price was just moving down and was not in any shape to reach 285.

How can you choose to Buy from this? Were you trying to catch the move between 283 and 285? How was the Swing call intact when I was looking to exit? My god dear, get some plan in place. Else your ledger will continue going south.

Sorry to Post here Savant.

Tc
 

NANDAMAD

Well-Known Member
Sir Gee,

Looking at your post I bt NG @193.5. From the office today I could make
4K just going thro: your thread. Thank you so much. Feeling like I am at
the top of the world. So nice to earn 4K in a day. God bless you for your
self less service. Those who have lost can find a ray of hope.

NANDAMAD.
 

SavantGarde

Well-Known Member
Nanda,

Very Dangerous practice...considering you are in the office.....and can't track things....it is not for part time traders.... NG... is frequently seen on 4% circuit both up & down..... Next time if you don't have time to watch the screen... don't take any trades....following anybody including ME....


SavantGarde

Sir Gee,

Looking at your post I bt NG @193.5. From the office today I could make
4K just going thro: your thread. Thank you so much. Feeling like I am at
the top of the world. So nice to earn 4K in a day. God bless you for your
self less service. Those who have lost can find a ray of hope.

NANDAMAD.
 
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