In continuation to part 1....suppose the market goes red and falls 110 points and same trend is observed by the RIL scrip..at one given point, the price of RIL in BSE is Rs.2,560 and in NSE it is Rs.2,585 and ajay settles the transaction....
he sells in @ Rs.2,560 and buys in @ Rs.2,585 thereby giving him a loss of Rs.25 per share, i.e. Rs.2,500, considering the complete transaction, Ajay makes a cool profit of Rs.2,000 (Rs.4,500 - Rs.2,500)
Isn't that cool..earn profit, irrespective of the market movement..however, I will re-iterate the ground rules..speed, accuracy and calculation...start the transaction in the morning when there is difference observed in the NSE and BSE rates and settle it when it suits your caluclation...
chao..happy trading....any questions..keep me posted
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2 comments:
Hi Abhinav, its really nice observation, but I think you have got to be really lucky to make that kind of money.
The better option I thin would be doing the similar thing in Equities and futures.
You buy an stock in equity and sell it in futures.. If price rises, you make money immediately and wait for favourable position in futures, vice versa.
Or, something like the "hedging" funds are using... Only you can throw some more light on this topic..
Hi bro,
First thing first I am not an expert of stock Market neither i trade.
But i have made a model by using options n which i believe there is low risk and higher profit.
I wanted to share it with u so that i can know am i right and if i am wrong u can point out my mistake so that i can rectify my model.
U can test mail on my id hakim2384@gmail.com so that i can forward u tht file
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