Weekly Options Strategy: Keep target at 16,000-16,200, go for bull call ladder

Weekly Options Strategy: Keep target at 16,000-16,200, go for bull call ladder

Strategy Positions Buy 7 July 15800 Call at 141; Sell 7 July 16000 Call at 64.5 and Sell 7 July 16200 Call at 20.5 (1 Lot Each). Rationale The Nifty remained muted last week despite being quarterly and monthly settlement and after testing series VWAP near 15900, it retraced below 15700 levels. Sell-off seen among … Read more

Bitcoin’s new floor is $30,000 as 50% rout destroys old supports

Bitcoin’s new floor is ,000 as 50% rout destroys old supports

Bitcoin’s plummet has pushed it through just about every recent technical support level, forcing traders to now consider $30,000 as the next line in the sand. The world’s largest digital asset is mired in its sixth straight day of declines, with the token down roughly 20% over the past seven days. It’s now 50% below … Read more

Two out of every three traded stocks doubled in the last year

Two out of every three traded stocks doubled in the last year

In addition, 185 stocks have earned four-fold returns while 450 stocks have given more than 50% returns. Synopsis ET Intelligence Group’s analysis of the returns of 2,346 traded stocks since April 2020 show that two out of every three stocks have gained at least two-fold while 300 stocks have gained five times or more. ET … Read more