- Bharti airtel gets nod for 100% FDI. Now more FII funds may flow. So telecom companies will all rally in this mojo. I have bought vodafone at 10 few months back. Now I am already siting in a profit of 25%. I even did a youtube video to tell that vodafone is a good bet.
- Today we have infy and wipro results. Already infy has shot too much in this month. Wil the results push it further?? I don't think so. Lets see. There might be positive, but there may not be a runaway rally. Anyway, I am not trading in this as I am held with other trades. My opinions are usually right when I do not trade :)
- Inflation data came which was in line with expectation.
- Crude is shooting up and is $57. This is bad. You can see that in asian paints which fell 4%
- $index is again back below 90.
- There is a lot of protest in US to impeach Trump. So there is a drama going on there.
- Tata mot shot up 20% in 2 days as there were rumours that it has collaborated with Tesla. Now that rumour is squashed. Lets see how it behaves today.
- Tesla will be coming to India and that too to Bangalore to setup R&D.
MY TRADES
- I had sold nifty futres and it is now in deep trouble. I am now firefighting.
- MORAL: Dont go against the trend. I don't seem to learn after so much mistake as well. The trade is still in control. LEts see if I can come out in profit
- MY TCS earning trade which I had shared is in good profit.
- I am also firefighting with my butterfly trades for this week. It has become a one sided rally in nifty. Some or the other sector is contributing and taking it higher. Lets see if last 2 days come with profit booking.
FII and DII
- FII bought for only 500+cr and DII sold for 1300cr. I wonder who bought yesterday for nifty to surge so much?
- So FII have reduced or taking a break ??
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