-Market fall - every day one reason

every day is market falling -
when i open money control - in first page -reason for decline today - profit booking is taking nifty lower

who is in profit - who is booking profit i dont know - :grinning:

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Booking to invest in non-INR based assets: commodities, international investing, etc. INR breached 91 again and will probably keep on going.

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Now it’s directional right. That’s what you wanted last time. :thinking:

i went to Bond side baba - i will be back after trump period end or trump dead

Is it? Looks still in a range, especially if it takes a U turn here… And I think you as a contrarian investor, are betting on the U turn rather than continuing downtrend…

Yep, downtrend only if it breaks down below 200 DEMA and 25k. :see_no_evil:

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We came down from 26300, roughly 900 points. I felt it was directional enough.

Right now I want a U turn just to sell calls at higher level. For now my puts are bleeding but it’s not concerning.

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Isn’t it already below 200 Double EMA on daily? Are you talking about weekly or is it just sarcasm :pinched_fingers: ?

Sold all equity? Then it’s good if it goes down for you right. You will get better entry.

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Yes i sold 50% of equity - and invested in bond and gold

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Looks like this here :point_up_2:
Pierce 200 DEMA, shake out weak hands and bounce back into channel is my guess :face_holding_back_tears:

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Sold?

How about now?

Not at all. It’s cash secured. So why should i be bothered. If it comes ITM, I will switch to futures and then sell 25500ce. Some day when it comes to 25500, I make 500 points plus premium from calls minus loss booked from puts. Net basis I guess it will be more than 500 points. The longer it takes to come back to 25500, better it is for me. More premium from calls.

I was short at 25200pe today expiry very heavily for the past 5 days and I let it expire at 0.

Now for next week also you may want to know. I am short at 24500pe. May be more than 1 percent plus down move tomorrow will scare me a little. :disappointed_relieved:

Heavily. But weekly. I will switch to monthly when we get a bounce.

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What do you think about next week… nifty range…

But that’s unlikely.

That’s what even i think. One flat day should be enough for premium to decay.

Your opinion on

if you assume him to be a Jane street type insider, notice how much they can control the index weeks in advance…

It’s for entertainment

Good time to buy. What I sold buying back at a lower price point.

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yes my favouritestock i buy today - because AMC stock i love forever - they are increasing dividend yoy - i like ABSL- UTIAMC - Canara AMC - - large cap those down 50% above i am buying slowly