Dear AM i have taken just active silver half yearly for 4300rs. for 6 months, 10L and 1L intraday and delivery per day volume is free. There is no brokerage charged for this. Exceeding this flat brokerage of 15paisa and 1.5 paisa will be charged.
I have been allotted 159+61 shares of OMKAR. I will sell 61 shares immediately and for rest of he shares hold with a stoploss as per situation.
Besides this i have also purchased RCOM 100 put of 2000 lot at .50paise. Total investment is 2000*.5= 1000. Friday closing is 1.1rs i.e. profit is (1.1-.5)*2000=1200. I will hold it till the 14th Feb with a stop loss of .85paise. As 14th Feb is result date of RCOM. I expect results will be below expectation and already it is trading at life time low. Chhote ambani ne sabka band baja diya hai be it RPOWER, Rinfra, RNRL, RCOM. Short any anil stock.
I had applied for 840 shares and have been alloted 106. I use SBI ASBA, neither the lien amount has been released/debited nor the Shares available in my account. Hopefully should be settled by Monday.
Could anyone comment on the listing date please? Considering the current market conditions and operator game, for low risk people, i guess selling this within the 30minutes of listing would be a safe bet. Medium and high risk can keep their fingers crossed and keep increasing their Stop loss.
I have opened my justtrade account as per recommended by Gem bhai. It got activated on 31Jan. For the first two days, i traded in Vijaya bank and DCB just for intraday gains and didn't took much risk. My total voulme was 50K only. However my current plan allows me to trade upto 10L and 1L per day in Intraday and Delivery. Now'a days, i hesitate to take delivery of any stock.
On tuesday i decided to trade in Nifty option for the first time in my life. Bought nifty 5500 put at 137 and sold within 2-3 minutes at 142. Thus making a gain of 250rs. Greed rised and again i bought the same put at 139 abd sold at 145. Same things happened on wednesday. On both these days, i traded twice the Nifty puts and gained overall 1000rs. I didn't traded in stocks at all. Now comes thursday, before leaving for office i bought a nifty 5500 put at 139 and didn't put any stoploss, hoping another fall in market. When i reached ofice, market was up and put value was down to 122. I thought that it will come up in the afternoon session and didn't cut the position. Now market was flying in the sky and nifty rocketed to +90 points. My put value was reduced to 87 at he end of day. So i was at a loss of (139-87)*50 = 2600rs
On friday, till 12AM nifty 5500 put was at 125. But i was sure that market will fall surely. After 3o'clock, market started going down and nifty was free falling. I cut my posiotion at 165. thus making a profit of (165-139)*50 = 1300 So on thursday i was on a loss of 2600rs, but the same trade gave me a profit of 1300rs. Had i cut the position on thursday itself, loss would have occured.
My Learning: 1. Never ever trade in options without a stoploss. Always make a stoploss, as soon as you initiate a trade in options Since, my brokerge gives me liverage to make a profit even at 1 point, hence whenever i buy call/put say at 130, immediately put a stoploss of 131-132, so that i will not loose anything. At least i will make a profit of 100rs at least. And if premium goes on increasing, then in the same manner keep on increasing the stoploss thus securing and increasing your gain. 2.Never ever sell a call/put. It is also termed as writing the call/put. It is very risky. e.g. On thursday, i bought a nifty 5500 put at 139. Hence my total investment was 139*50=6950 only. This means that my maximum loss would have been 6950 only, in case premium dragged down to 0. However, maximum profit can be unlimited. Nobody knows, where will be nifty on 24thFEB may be on 4800 OR may be on 5700.If market dragged down to 4800, then my 6950rs investment will be equal to 25000 or even more than that. But if market moves up say Nifty to 7000, in this case my loss will be only limited to 6950 only. So, i know maximum risk.But if you are selling a call/put, then you don't know your maximum risk. Your maximum gain will be only 6950rs (YOUR PREMIUM PAID), however your loss may be unlimited.
Hence never sortsell nifty options. Only buy and then sell.
HEY GUYS HOW DID YOU GET MESSAGE FROM BIGSHARE AS I APPLIED THROUGH SBI ASBA FOR A FULL APPLICATION AND I DID NOT GET ANY MESSAGES AS WELL AS NO LIEN IS BEEN REMOVED
OMKAR ipo allottment is done. Just got the message that I have been alloted 61 shares against 8 lot for 5978rs. Lien has been removed from my axis bank account. However, on registrar site nothing updated about this. I have also applied from my sbi account for 16 lots..... but fro this account no message has been received...