- Let me begin by saying JAI SHREE RAM. Today is a historic day for all Indians. Finally, the day has come where the temple construction is set to begin.
- Coming to the markets, the markets are again above 11000. It is a very volatile market these days. Gussing the moves is practically very difficult.
- Shashi has been named as the new CEO of HDFC bank. So HDFC bank shot up 5%.
- The surprising move was from Reliance. Not sure why Reliance shot up 7% without any news. Looks like mota bhai is set to do something which markets have found out. :)
- There was huge delivery buying as well in these 2 companies. So the rally might continue.
- When reliance and HDFC bank rallies, other players become irrelevant for nifty and yesterday nifty shot up 200 points. The main reason was that the $ index fell.
- The metals also have started gaining as consumption in China has improved.
- Gold and silver is shining day by day. Every day it is hitting a new high.
- As I had predicted, Sun pharma and reddy labs have started moving.
MY TRADES
- I have executed many sets of butterfly for this weekly expiry.
- I added more to my sun pharma portfolio and the sun pharma pe which I sold is also in pretty good profit.
- I will be doing below strategy on reliance today
- sell 2160 ce
- sell 2160 pe
- Will convert this to iron fly if there is a major movement.
INTERNATIONAL MARKET
- Apple is now a $2 trillion company.
- The world markets are all flat.
- Yesterday there was a massive blast in the port of Lebanon where 4000 are injured. Its still unclear if it is an attack or accident.
FII AND DII
- FII have bought for 700 cr and DII sold for 665cr
- Then I wonder who bought so much reliance and hdfc bank. Is it the retailers?? If that is the case then I don't want to be a part of this rally as it will be a trap for retailers.
CRUDE and $
- Crude is at $44.33
- $ is at Rs 75
Comments
Post a Comment