I didn't make any posts since Jan 12. On Jan 12, in the afternoon after lunch I noticed that Satyam had gone up to around Rs. 36.50. I sold it on instinct. I had previously exited my Nifty shorts as I mentioned somehwere else. Since the 12th I haven't done any trades.
I was bearish on the Nifty for the January series. I exited all my shorts the day of the Satyam Panic and after that I went long in Satyam delivery, stayed on for one trading day with a weekend in between and sold off the Satyam shares.
I've had a lot of difficulty taking a view on the Nifty since the day of the Satyam Panic.
Improved measurement of Exchange Market Pressure (EMP) - by Ila Patnaik, Joshua Felman, Ajay Shah. Exchange rates vs. exchange market pressure Changes in the exchange rate are very visible. But is the apparent c...
1 day ago