Equity Markets

sir · July 17, 2009, 12:05pm

NIFTY @ 4374 .. 4350 broken with big volumes

VOLUMES CLOCKED : 98,000 crores

suddenly ter is an upsurge in volumes in the last 3 days .

sir · July 17, 2009, 8:10pm

weekly closing vix @ 35.89

fiis net buy 142.15 cr today

&

DIIS NET BUY 535 CR. TODAY

sir · July 17, 2009, 9:18pm

imp. data

nifty data details 17/07/09
======================

Stocks in database --- 1022

Advance / Decline --- 825 / 197

Stocks above / below 50 DMA --- 549 / 473

Breakouts: Bullish / Bearish --- 95 / 3

Stocks gaining / losing > 5% --- 146 / 3

Stocks Oversold / Overbought --- 1 / 76

Stocks at 20 day HI / LO --- 158 / 8

Stocks at 52 week HI / LO --- 43 / 5

rmbt · July 17, 2009, 9:45pm

@Sir...Market is up due to following reasons:

1. Govt plans of disinvestment
2. Strong global cues and Asian market doing well
3. Crude is under $ 65/barrel

Factors to watch out for:
1. Quarterly reports of companies
2. Monsoon's progress
3. $ Vs Re

cat_chimera · July 18, 2009, 3:45pm

Another reason COULD be : F n O trading happens only on Nifty n not on sensex..Btw bought my first Option - 4700 Call, 27 Aug...:D

sir · July 18, 2009, 4:07pm

but the main reason being Strong global cues and Asian market doing well .. rest r all by products trigerring a big upmove

rmbt · July 18, 2009, 4:22pm

Has anyone tried commodity trading? How is it done and is gold and crude oil traded maximum

sir · July 18, 2009, 7:27pm

rmbt Says
Has anyone tried commodity trading? How is it done and is gold and crude oil traded maximum

i hav tried & failed

for gold u req. margin money itself close to rs. 60,000 & for crude u req. margin money itself rs. 1 L in liq cash with the brokerage plus trading is allowed only in futures segment & not available in OPTION & CASH

..

sure shot way for retail investor to lose money

for a hands on exp. u can try silver i guess for rs . 20,000 . but play with a VARY STRICT STOPLOSS

else u will lose ur shirt , pants & more

PS : MY TAKE : ITS NOT WORTH THE RISK

rohitforever · July 18, 2009, 8:06pm

Hello Equity ppl...!!

A lil introduction.

I am a software engineer with 2 yrs of work - Ex, but recntly i have switched to equity markets & now i am a full time trader & i am doing decently there.

I have a query, it would be a great help if someone can guide me about it.
I will be joining B School (not finalized which one) in year 2010, there i need to show My work Ex in equity markets along with proof of income.

So for that purpose whether a DMat account statement will suffice or do i need any other PaperWork/registration etc. to consolidate it.

Thanks for taking time to read my query.

rmbt · July 19, 2009, 10:02am

Hello Equity ppl...!!

So for that purpose whether a DMat account statement will suffice or do i need any other PaperWork/registration etc. to consolidate it.

Thanks for taking time to read my query.

As a trader are you affiliated to some franchise or are you working as a sub-broker. I am not sure about DMAT account statement being acceptable. Try contact alumni/seniors of the college

For further help move on to following thread:

http://www.pagalguy.com/discussions/personal-career-cat-job-dilemma-queries-a-repository-25009670

swapnilpatil147 · July 21, 2009, 5:40am

SIR Says
its approx. 15% of the profits made . [ but , my firm belief is tht u hav to pay it only wen the profits r higher than the taxable income limit !! ]

Does it mean that for a Man one can earn through equities till 1.50 lacs without paying any taxes?

xcoolaryan · July 21, 2009, 3:00pm

Hello Equity ppl...!!

A lil introduction.

I am a software engineer with 2 yrs of work - Ex, but recntly i have switched to equity markets & now i am a full time trader & i am doing decently there.

I have a query, it would be a great help if someone can guide me about it.
I will be joining B School (not finalized which one) in year 2010, there i need to show My work Ex in equity markets along with proof of income.

So for that purpose whether a DMat account statement will suffice or do i need any other PaperWork/registration etc. to consolidate it.

Thanks for taking time to read my query.

let me get it straight ... you took a break so that you can concentrate on CAT & other exams, but since you cant tell b-school that you took a year-off just for studies and you are a trader (by nature / hobby), you want to show that you have worked well in stock market. Is this the case here?

rohitforever · July 21, 2009, 7:33pm

xcoolaryan Says
let me get it straight ... you took a break so that you can concentrate on CAT & other exams, but since you cant tell b-school that you took a year-off just for studies and you are a trader (by nature / hobby), you want to show that you have worked well in stock market. Is this the case here?

I have clearly stated my case in my post.
But i don't know on what basis you came up with ur previous post.
Well i am very sorry to disappoint you coz there is nothing like that.

Now knowing this, i would really appreciate if you can contribute in some way to sort out my query.

xcoolaryan · July 23, 2009, 5:57am

hey no offense buddy .... sorry if it you feel bad.

i have seen similar cases in my college, so i thought ... anyway, regarding your query I don't think you need to show them your income report from trading to prove that you are working as a trader. But make sure that you understand all the terminologies of day trading and technical analysis.

It will also help if you appear for NCFM certification

ajay.kamat · July 23, 2009, 10:36am

I have clearly stated my case in my post.
But i don't know on what basis you came up with ur previous post.
Well i am very sorry to disappoint you coz there is nothing like that.

Now knowing this, i would really appreciate if you can contribute in some way to sort out my query.

NCFM certi's are best bet to help you as a trader..
No details required whether you have already traded or not. Just remember that when you are asked to prove some terminologies, then make sure u get it right..

rohitforever · July 23, 2009, 8:38pm

hey no offense buddy .... sorry if it you feel bad.

i have seen similar cases in my college, so i thought ... anyway, regarding your query I don't think you need to show them your income report from trading to prove that you are working as a trader. But make sure that you understand all the terminologies of day trading and technical analysis.

It will also help if you appear for NCFM certification

I have already cleared Beginners module for financial markets...
can you suggest the other ones which i should do as there are abt 15 of them.

Also can you tell any stuff to build on technical analysis.

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rmbt · July 24, 2009, 5:07am

Interesting news:
No cash? Go to a shop, not ATM!

raghav507 · July 27, 2009, 11:46am

hi puys,
i found this series of small articles on economic times, so thought of sharing it with you all here...:)

8 investment lessons from financial meltdown

1. Do your financial planning
2. Invest slowly & systematically
3. Stick to strategic asset allocation
4. Re-balance your portfolio regularly
5. Make strategic long-term investments
6. Use systematic ways for withdrawals
7. Stress testing and scenario analysis
8. Get professional help

read the whole article here:-
8 investment lessons from financial meltdown -Features-The Economic Times

desi_banda_25767307 · July 29, 2009, 12:37pm

Hey Puys !!!I am planning for Adani Power IPO....will be applying for 6 lots @ 100(not have enough money :grin:)

what is the advice,,,should I go ahead or not??
If u can Predict or Analyse what is the near Future of this IPO???