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Kirubakaran Rajendran Profile picture
@kirubaakaran
May 29, 2018 • 4 tweets • 2 min read • Read on X
#Justdial - One person made 2.86 cr in just one day with #investment of just 1 lakh Image
Just Dial was trading with thin volumes, if anybody bought 666400 quantity, 476 lots, it would be reflected in open interest.
To keep the average price at 0.15 paise, there is a possibility that this person could have done that only on two days, 16th may and 23rd may, Image
where JUSTDIAL was trading at .10 paise as day low. But on both these days, total contracts traded, total open interest is much lesser than 666400 quantity.

So I believe this would have been some forward circulating in whatsapp without verifying the source.
seems its a virtual trading app from IIFL, here's another similar screenshot. Can't believe everything that we see on social media these days. Image

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More from @kirubaakaran

Kirubakaran Rajendran Profile picture
Oct 14
Ever wondered how to combine the power of equities and gold to boost your returns while cutting down risk? I backtested a Dual Momentum Strategy using ChatGPT that returned 1221.50% over the last 14 years! Here's how you can do it too—no coding required. 🧵👇
As we know Equity and Gold are two completely uncorrelated instruments. Compared to Gold, Equity is highly volatile and prone to huge drawdowns. Mostly Gold price tend to go up when Equity corrects since investors move to safer asset like Gold. Image
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💡 Here's the idea:
We combine Niftybees and Goldbees ETFs to create a dual momentum strategy. Simple rules:

1️⃣ Compare last 3-month returns of both ETFs.

2️⃣ If Niftybees outperforms, we invest in Niftybees.

3️⃣ If Goldbees takes the lead, we switch to Goldbees.

4️⃣ Every quarter, recheck and rebalance if needed."
Read 12 tweets
Kirubakaran Rajendran Profile picture
Sep 26
One day, my 10-year-old kid asked me, "What do you really do?" He was curious, seeing me either watching Netflix or reading books most of the time, and rarely working on my laptop. "I want to understand what kind of work you do," he said.
I explained to him the basics of investing—how you invest in companies, wait for them to grow, and as they succeed, your shares increase in value, helping you build wealth over time.
Without missing a beat, he asked, "Can I invest in Roblox?" I told him, "Yes, Roblox is listed in the US markets." To make it more fun, I suggested, "Let’s create a demo account on Investopedia. You can pick 10 companies you know, and we’ll invest in them.
Read 14 tweets
Kirubakaran Rajendran Profile picture
Jul 31
SEBI has released a 18 pages consultation paper related to F&O Trading, more than 78 lacs traders lost close to 50k crores in FY24, this is the major reason for SEBI's action, here's the short summary what it means and how it can impact active traders,especially Option Traders🧵
Here's the proposal from SEBI regarding index derivatives.

1. Limiting the no of strikes upto 4% with regular intervals, after increase the width of the strikes interval. Say Nifty is at 25,000, 4% of underlying is 1000, Nifty strikes will be between 24000 to 26000 - 50 interval Image
At the max Index can have 50 strikes only, in the above example we have close to 40 strikes, so remaining 10 strikes can be added, 5 in put and 5 in call. So below 24000 and above 26000, strike intervals will not be in 50s, it could be in 100s or 200s or 500s.
Read 17 tweets
Kirubakaran Rajendran Profile picture
Jul 30
I went on a ten days family trip to Ladakh, what was suppose to be an adventure trip turned into a nightmare. If you are planning a Ladakh travel, this thread might help you in what you should expect once you land in Leh. 🧵 Image
Many people have Ladakh trip in their bucket list mainly because of the picturesque landscape, high altitude motorable passes for bike ride. But we always wanted to go there because of low light pollution that lets you do star gazing where even Milky Way is clearly visible with naked eye.Image
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Before we started our travel, we did a complete research about the places we wanted to cover. Nubra Valley, Pangong Lake, Tsomoriri lake, Lamayuru, Hanle. It’s hard to cover all these places in short span of time, you need minimum ten days to explore the landscapes of these places.
Read 15 tweets
Kirubakaran Rajendran Profile picture
Jul 7
1 Lac invested in this stock has become 1.5 Crores in less than one year. Upon further research found a pattern in all such stocks which made a phenomenal move within short span of time, here's the detailed report 🧵 Image
SABTNL is one such stock where stock price gained more than 20500% in less than a year. Inspite of having poor fundamentals the stock price has sky rocketed.
Image
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Fishy part is promoters have increased their stake from 22% to 60% in just one quarter. Public holdings and DII holdings decreased during the same period. Looks like an organised pump and dump play going on. Image
Read 8 tweets
Kirubakaran Rajendran Profile picture
Jun 17
I have made close to 90 lacs profits in the last 267 trading days with my trading system. In the last 6 months made 50% net returns. Not even a single day I have interfered manually. I was in a dilemma, should I withdraw profits or continue to compound? I decided to …🧵 Image
I decided to withdraw profits to buy a flat. If you check all my old tweets, I would have tweeted always against buying a property. What changed my mind to buy a flat instead of compounding my capital. Let me explain that.
Trading is a tough profession, market doesn’t care how intelligent you sound, end of the day if you are not disciplined enough to follow your trading system, it kicks you out. It’s not a question of does option buying works or option selling works or Greeks works?
Read 18 tweets

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