- Yesterday was a good expiry. I am happy the way I managed the volatility. Was able to make 1 lakh profit.
- Yesterday, expiry day movement was so huge and volatile that at some point it looked that 12000 would be crossed yesterday. But finally, markets closed in a flat zone.
- Surprisingly, India Vix was down. Are you serious??
- Vix falling gives you an indicator that we are in a bull market. Let's see what July series has to provide.
- Now all eyes on G20 meeting where Trump and Xi will be meeting this weekend.
- Then we have a budget. All are expecting stimulus for the auto sector, real estate sector etc
MY TRADES
- Markets are giving confusing signals to me right now. Will wait for some time to get clarity.
- Last week I thought it is heading down. Now I feel that it is heading for a breakout.
- My positions are low for now. Will add trades accordingly after the budget.
- I am slowly adding positions in autos. Bought Maruti, Tata motors in cash.
- Now goair is also planning for an IPO. It's my gut feeling that jet airways may not go the Kingfisher way. I bought some shares in a jet as well. It's a high risk- high reward trade. I don't mind losing the entire money as well. Now jet is also out of FNO. So not much volatility will be there in this.
INTERNATIONAL MARKET
- Yesterday the US markets were mixed. Nasdaq was up by 0.75% but dow was flat.
- Europe ended in flat zone.
- Today morning Asia is in red. Nikkei, hang Seng is down by 0.5%
- SGX suggests that we may start in red. But nowadays SGX is not reliable as it used to be.
CRUDE AND $
- $ is at 69 and is falling bit by bit on a daily basis.
- Crude has again started to fall. Lets see if this fall continues
- Falling crude, falling $ is good for India. These indicators suggest that we may break 120000.
FII and DII data
- FII sold for 0.71 cr. ha ha ha. On such a volatile day. FII sold only 0.71cr at the end of the day
- DII bought for 196cr.
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