Shorted Vijayabank @91.4 after seeing SBI tank. I knew Vijayabank would follow SBI. It went down to 91, then jumped back to 91.60... I thought 93 is on cards today... so I squared off @ 91.45... After that it fell to sub 90 levels... No luck...
Mr SG : Index mgmt query - Me seeing RIL, ONGC and SBIN on the computer monitor.
SBIN is all red but RIL and ONGC isn't moving much - does tht mean index mgmt to bring down Nifty is bcoz of SBIN ? And also is it 2 get rid of people who bought SBI so tht large players can buy the shares cheap frm them and move up SBIN instead of buying them when Nifty was up some time back?
Mr SG : Index mgmt query - Me seeing RIL, ONGC and SBIN on the computer monitor.
SBIN is all red but RIL and ONGC isn't moving much - does tht mean index mgmt to bring down Nifty is bcoz of SBIN ? And also is it 2 get rid of people who bought SBI so tht large players can buy the shares cheap frm them and move up SBIN instead of buying them when Nifty was up some time back?
Mr SG : Index mgmt query - Me seeing RIL, ONGC and SBIN on the computer monitor.
SBIN is all red but RIL and ONGC isn't moving much - does tht mean index mgmt to bring down Nifty is bcoz of SBIN ? And also is it 2 get rid of people who bought SBI so tht large players can buy the shares cheap frm them and move up SBIN instead of buying them when Nifty was up some time back?
It's impossible for me to decode the PA of VIJ... Most of the time the spread is 0.05 and all the 5 quotes are also similar ... Though trying... May be when the quotes are bigger on one side, we have to take position on the reverse side... Plz decipher it for me when time permits...
my experiance .....(on options PA ....not the girl)....it moves in a range...for eg VIJ, the range is generally 1-1.5 rupees and movement in one direction at one go is around 50-60 paisa...so if it moves around ...15-20 paisa in one direction...there is a likelihood of it going further 20-30 paisa in same direction.
Another thing with PA is if you keep both futures & ATM option together on the watch list... you can always get cue to its forthcoming move...because sometimes Futures will jump and option jumps with a bit of delay..& vice versa
Shorted Vijayabank @91.4 after seeing SBI tank. I knew Vijayabank would follow SBI. It went down to 91, then jumped back to 91.60... I thought 93 is on cards today... so I squared off @ 91.45... After that it fell to sub 90 levels... No luck...