InvestorQ : Do you have any fresh trading tips for 08 December either in the large cap or mid cap stocks for short term delivery?
Niti Shenoi made post

Do you have any fresh trading tips for 08 December either in the large cap or mid cap stocks for short term delivery?

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diksha shah answered.
8 months ago
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I will stay away from fresh calls on Tuesday considering the uncertainty of the Bharat Bandh. Also, since there are around 11 calls currently open, I am not issuing any fresh calls in the market for 08 December. You should ideally await a better risk-return trade-off in stocks.

I would like to share one broad idea with you today. Traders with substantial long positions in equity must look to hedge themselves effectively in this market with the help of Nifty put options. That will give protection and also profits on the downside, considering the levels.

I am always wary of complacent markets when everyone thinks that nothing can go wrong. With a virtual absence of sellers in the market, Nifty appears to be holding on but too much complacence tends to make the market smug and that is not a good sign. Be cautious.

One thing to watch in terms of macro risks is the farmer agitation and the call for Bharat Bandh on 08 December as it threatens to derails economic activity substantially. For macro data, a lot will depend on how IIP and inflation pan out later this week.

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