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OPEC meetingAnother bad news for my tomorrows scrip HPCL. oil price increase is not a good news for HPCL.
OPEC meetingAtleast one news is that the oil companies are increasing petrol price (0.5 Rs/liter) from next week. So if the scrip is about to fall, the loss is little bit minimized due to this news I hope.
somehow i missed the news Sreedhar. Then why all of sudden the price increased just before closing is a big question. Lets see tomorrow. Together with asian paints, I have to exit HPCL also in the opening bell.
NiftySold 50% at 67..will hold remaining lot for the target of 72
Shreedhar/ Gane/ KK Natrajan
I think it is better to buy some shares at 4200-4250 or by Friday evening whichever is earlier
I have bought Titan future at 4380,Sold 4400 put at 110,call at 117.Both Iam gaining around 230.For safety I have bought 4200 put at 41.So my funda is Titan shld go up to around 4800 by June 25 if market holds in a range.So I will gain 230-40 AROUND 190 *125 profit if my trade goes as predicted.I think it should go as predicted unless market crashes for which we can do anything.
Sorry 227 means 4627-4380=250 so my net profit will be 250-40=210.
Counters that yielded money for today's shopping: Axis bank, Bajaj Finserve, Havells India and Indraprastha Gas. Bought Bajaj and Havells on seeing them in the top gainers list. They were already up when I bought. I thought they are risky trades. But they had some more steam left and did not push me down.
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