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1 279
If you are playing intraday then you have to be alert. Moves are fast and we do not have control over how the price moves. Market does not move as per our convenience. You have to grab the opportunities when market gives. Hope this makes sense !!
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As per NSEβs circular, due to corporate action (Amalgamation) shares of IDFC Ltd will be suspended from trading w.e.f October 10, 2024. Last day of trading IDFC ltd will be October 09, 2024.
Also, with reference to subsequent NSEβs Circular, the IDFC limited security will be excluded from Equity derivative Segment and all the existing contracts of expiry months October 2024, November 2024 and December 2024 will expire on October 09, 2024
Actions needed
β’ Maintain 100% margin (Full contract value) on or before 09-October-2024 to avoid RMS square-off and/or margin shortfall penalty.
β’ Square-off any existing open positions by 09-October-2024 to avoid physical settlement and/or margin shortfall penalty.
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When we become owned by the markets, we take trades we shouldnβt take, these are the trades the market wants us to take.
When we have ownership of our own trading, we take the trades we are supposed to take. They donβt always win, but thatβs not what matters.
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