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2538
Dude, which world's market are you talking about? NSE, BSE, moneycontrol nothing has anything about RIL's fall of 20% intraday!! :-o
RIL's intraday high and lows are not lower than 5% of its yesterday's close.


BSE RIL today intraday high low (1050 - 840)
2539

You can check out this link if you don't believe that RIL's low was 840 today!

Reliance Industries Stock Price, Reliance F&O; Quotes Bids Offers

Cheers!

2540

What an arbitrage opportunity! :-o
Low on NSE not below 1k! Can it be a technical glitch?

You can check out this link if you don't believe that RIL's low was 840 today!

Reliance Industries Stock Price, Reliance F&O; Quotes Bids Offers

Cheers!
2541
What an arbitrage opportunity! :-o
Low on NSE not below 1k! Can it be a technical glitch?


One interpretation can be like this
One particular investor must hv mistakenly put a quote of Rs. 840 instead of Rs. 1040. If u see the graph carefully, u will know , the movement of 1025 - 840 - 1025 happened in not more than 30 seconds. So much fuss abt it is bcoz its reliance industries which accounts more than 15% of weight of SENSEX.
Any way, hows the view on oil n gas sector ? British Petroleum is down 13% in FTSE... Lowest in last 18 months...
2542
One interpretation can be like this
One particular investor must hv mistakenly put a quote of Rs. 840 instead of Rs. 1040. If u see the graph carefully, u will know , the movement of 1025 - 840 - 1025 happened in not more than 30 seconds. So much fuss abt it is bcoz its reliance industries which accounts more than 15% of weight of SENSEX.
Any way, hows the view on oil n gas sector ? British Petroleum is down 13% in FTSE... Lowest in last 18 months...


i would still not enter into OIL & GAS yet.. though RIL and RNRL dispute has ended... i still don't see the sentiment in the OIL STOCKS AS YET... BP's problems continue to have a ripple effect on indian OIL stocks.. and though the GDP numbers have been good(close to 7.4 i guess).. the EURO WORRIES are weighing too much on the sentiments... the demand for OIL and GAS should go down badly because of Europe as whole... China's domestic consumption is also not likely to increase quickly..
2543
One interpretation can be like this
One particular investor must hv mistakenly put a quote of Rs. 840 instead of Rs. 1040. If u see the graph carefully, u will know , the movement of 1025 - 840 - 1025 happened in not more than 30 seconds. So much fuss abt it is bcoz its reliance industries which accounts more than 15% of weight of SENSEX.
Any way, hows the view on oil n gas sector ? British Petroleum is down 13% in FTSE... Lowest in last 18 months...


in this type of volatile market i would like to play safe and if i want to enter.. i would enter in HUL,COLGATE-PALMOLIVE type FMCG stocks... they are the safest bets usually when the sentiments is down..
2544

Welll..India's exposure to Europe is a paltry 4%.
So any downturn in Europe doesn't affect us fundamentally.
But it's the FIIs who will pull their money out of India if Europe's mess doesn't clear up.

saurabhsachu Says
i would still not enter into OIL & GAS yet.. though RIL and RNRL dispute has ended... i still don't see the sentiment in the OIL STOCKS AS YET... BP's problems continue to have a ripple effect on indian OIL stocks.. and though the GDP numbers have been good(close to 7.4 i guess).. the EURO WORRIES are weighing too much on the sentiments... the demand for OIL and GAS should go down badly because of Europe as whole... China's domestic consumption is also not likely to increase quickly..
2545
Welll..India's exposure to Europe is a paltry 4%.
So any downturn in Europe doesn't affect us fundamentally.
But it's the FIIs who will pull their money out of India if Europe's mess doesn't clear up.


More than 60% of transaction volume in indian capital markets is bcoz of FIIs . So its really doesnt matter hw much exposure india has to other countries. These FIIs are mostly from US, Europe or far east. So any problems in these regions bound to affect indian market.
I think its better not to trade derivatives in this volatile markets. Value investing or growth investing is the key. All the major legendery investors dont believe in derivatives. And one can find an undervalued stock at any level in the market.
2546
More than 60% of transaction volume in indian capital markets is bcoz of FIIs . So its really doesnt matter hw much exposure india has to other countries. These FIIs are mostly from US, Europe or far east. So any problems in these regions bound to affect indian market.
I think its better not to trade derivatives in this volatile markets. Value investing or growth investing is the key. All the major legendery investors dont believe in derivatives. And one can find an undervalued stock at any level in the market.


i kind of agree to that... but yes 4% number... i accept that.. but again indian market is a lot of sentiment driven... fundamentals at this juncture is only good for an investor who s looking at long term horizon of at least 1 year+... and yes at this time EVERY LARGE CAP STOCK LOOKS ENTICING TO ME FOR LONG TERM INVESTMENT...
2547

Sorry 4 spam
plz ans the qtn-
Q.DURING INFLATION taxes Should be-
a. Increased
b.decreased
c.fluctuate
d.remain constt

2548

Logically speaking, during high inflation the purchasing power of a person reduces.
So, inorder to facilitate the same level of spending, taxes should be lower.
But, I've never heard of tax rates being adjusted according to the level of inflation. Because tax rates are decided once in a year are remain constant till then. Inflation, though, keeps on changing on a daily basis.

Sorry 4 spam
plz ans the qtn-
Q.DURING INFLATION taxes Should be-
a. Increased
b.decreased
c.fluctuate
d.remain constt
2549
Logically speaking, during high inflation the purchasing power of a person reduces.
So, inorder to facilitate the same level of spending, taxes should be lower.
But, I've never heard of tax rates being adjusted according to the level of inflation. Because tax rates are decided once in a year are remain constant till then. Inflation, though, keeps on changing on a daily basis.


thanx buddy. Actually i faced dis qtn in ssc combine graduate level exmination!
I marked -''fluctuate" bcz
inflation may b positive or negative!
Bt nt sure!!
2550
saurabhsachu Says
i kind of agree to that... but yes 4% number... i accept that.. but again indian market is a lot of sentiment driven... fundamentals at this juncture is only good for an investor who s looking at long term horizon of at least 1 year+... and yes at this time EVERY LARGE CAP STOCK LOOKS ENTICING TO ME FOR LONG TERM INVESTMENT...


I think, if u want to sustain in the market for longer period , Fundamentals are the only thing that will help u. Day trading and Derivative trading are mere speculation.
Btw, i love to locate the undervalued opportunities in mid cap and small cap. They can give more than 100 percent return in a year unlike large caps.
2551
thanx buddy. Actually i faced dis qtn in ssc combine graduate level exmination!
I marked -''fluctuate" bcz
inflation may b positive or negative!
Bt nt sure!!


Wat i think is, inflation is largely related to DISPOSABLE INCOME of people. Higher the disposable income, ppl tend to spend more resulting into higher demand for goods hence higher prices of goods , there by inflation.
Direct Taxes can be a good tool to reduce disposable income.
But this is limited to direct taxes only, indirect taxes like VAT, Excise are inflationary in nature.
2552

Well, as the overall situation of the markets still look gloomy.. I would love to bet on commodities like gold, silver rather than equities at this point in time..

Equities may be a good bet later when the market will correct more..

Personally, I think market will corrcet itself further owing to global wows... Its too riskier to play with the derivative segments now.. Stocks like FMCG or safe havens like Tata Steel, BHEL etc. may be looked upon..

Comments?

2553
Equities may be a good bet later when the market will correct more..

Comments?


Ever heard of risk arbitrage or long-short equity? ;)

It will be a very seldom instance when you can actually forecast the trend.
2554

Hehe hope I didnt sound cryptic... no post since my post...

guys pair trading is best... we should not try predicting the direction of entire market... so better to find a pair of strong stock and weak stock.

2555
Hehe hope I didnt sound cryptic... no post since my post...

guys pair trading is best... we should not try predicting the direction of entire market... so better to find a pair of strong stock and weak stock.


Yup it hedges the risk. Sort of straddle / strangle strategy i suppose.
I think its to be done in one Sector. Can u give one example?
Like in offshore business..
Purchase bharti shipyard and sell Aban Offshore... Isnt it?
2556

yupp mostly done in same sector.

The basic idea is that if nifty is going up/down in clear trend, most stocks follow the same direction. Now devilish nifty may trend down in first hour/day and when you sell your shares it stops going down

So we find stocks relatively strong or weak in comparison to nifty.

It can even be done btw a stock and nifty itself. For eg. around Jan nifty was going up up but DLF unwilling to move... went long nifty and short dlf. Closed both positions in a month.

I never traded options btw

2557

@punit.s oh..got it. Lets make this thread more active...
What are ur positions for june expiry... Do tell something abt ur portfolio...!