IndianMascot
Core Member
I am relying on Edelweiss
EntMnt Xclusive Stock Market Updates & Discussions
- Thread starter Deepu
- Start date
scorpionking76
EntMnt Knight
Don't take short positions. Look for longer calls.
IndianMascot
Core Member
His core business is this only if I am not wrong.
last time if u remember i told u by mistake only i plus the market instead of shorting it and on the very next day i got the opportunity to do it again.
i did it and my target was 7200 only, nifty made the low of 7224 which was the double bottom made on two consecutive weeks. i covered/ squared off my position. my call was perfect and earned a very good handsome amount.
today again i shorted the market and i hedged it with purchasing some public sector banks.
if the market falls then again i will earn a good amount. if the market goes upside then also i won't incur any major losses.
so a win win situation. btw i personally feel nifty will go to sub 5000 levels.
scorpionking76
EntMnt Knight
Yeah I understood, since the current scenario is not good for short positions
Asian shares slip as crude resumes drop
Brent April crude futures LCOc1 ended Monday's trading down 4.9 percent. Oil prices remain above 12-year lows plumbed last month, but faced fresh pressure from Chinese manufacturing data for last month released on Monday showing the fastest pace of contraction since 2012.
Asian shares wobbled on Tuesday as crude oil prices slid on rekindled oversupply fears and after downbeat manufacturing data raised concerns about global momentum.
Read more at: Asian shares slip as crude resumes drop - Moneycontrol.com
Brent April crude futures LCOc1 ended Monday's trading down 4.9 percent. Oil prices remain above 12-year lows plumbed last month, but faced fresh pressure from Chinese manufacturing data for last month released on Monday showing the fastest pace of contraction since 2012.
Asian shares wobbled on Tuesday as crude oil prices slid on rekindled oversupply fears and after downbeat manufacturing data raised concerns about global momentum.
Read more at: Asian shares slip as crude resumes drop - Moneycontrol.com
Nifty may open flat to negative; all eyes on RBI policy
With the markets world over closing lower and SGX Nifty up only 6 points, the Indian equity market is likely to open soft to negative.
Read more at: Nifty may open flat to negative; all eyes on RBI policy - Moneycontrol.com
With the markets world over closing lower and SGX Nifty up only 6 points, the Indian equity market is likely to open soft to negative.
Read more at: Nifty may open flat to negative; all eyes on RBI policy - Moneycontrol.com
scorpionking76
EntMnt Knight
Please check
