We saw a lot of migrant labor issues, where people had to walk for hundreds of kilometers in the initial days of lockdown, a few sad accidents where people who slept on tracks were victims of getting crushed under railway goods train wagons, a few road accidents.
Now, it seems we are coming back on track slowly but steadily with a few hiccups here and there. I was in a deep study mode during this period and I have made a lot of rectifications to my strategies. Now, I will no longer be offering any strategy with potential unlimited losses. Instead we shall be publishing strategies with limited risks and limited profits.
Please, use caution while acting on the basis of these strategies, all the gains you get are yours and all the loses you make are also yours. I do not take any responsibility whatsoever or credit whatsoever of any loss or profits you make respectively. I am not a SEBI registered analyst and technically I cannot offer advise to anyone. Therefore, before acting on these strategies, you are sincerely urged by me to talk to your financial advisor or your banker or broker.
Also, there will be now a series of strategies published for this month of August in BankNifty with a neutral view on the market. This doesnt mean you dont have to watch it, you have to watch it and exit them when they are at the break even points. Typically, these strategies will require a margin capital of around 1 lac rupees and have a risk reward ration of 1:3 to 1:4. Break Even points will be clearly mentioned with the strategy and if you dont find the breakeven with the strategy do kindly point it out via comments and we shall rectify them.
Regards and all the best wishes
Wise Old Head
Vande Mataram
Mera Bharat Mahan
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