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Aswin R K
201 posts

Aswin R K
@_aswinrk
A Trader Building India's best prop firm for Indian markets | BSc Astrophysics guy who reads Markets
Katılım Kasım 2022
71 Takip Edilen15 Takipçiler

@Nithin0dha The STT hike and LTCG structure were always going to have a cost.
Retail participants felt it first, now it's showing up in FPI flows too.
When the tax environment makes other markets structurally cheaper to operate in, capital moves. That's not sentiment, that's math.
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Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR:
Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help.
On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead.
He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows.
If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.
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@uditjaiswaal @bhash Happy that I’m not the only one. These gains we saw are nothing. Qualitatively, I like OLA. But numbers have to catch up. Then the upside is huge. Could be Tesla for India
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Telling you again! Think of Ola Electric as an Energy company to understand its potential and impact before it's too late. The current market cap is peanuts for a company with such a vision.
Thank you @bhash for innovating, every single day!

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Aswin R K retweetledi

@SarangSood Yeah, one missile away from becoming the “Strait-up problem.”
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At this point we should just call it the
Stress of Hormuz
The Spectator Index@spectatorindex
BREAKING: Iran's Press TV says that the Strait of Hormuz has been closed
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@YuvrajShah02 You should manage my companies portfolio. Not joking 🙃
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Ended the day at 2.98Cr.
Booked about 1Cr of this and will be keeping the rest running for a few days/weeks depending on Nifty and Banknifty price action.
Here is my verified PnL for 100% transparency:
verified.sensibull.com/ps/chopping-fe…
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@InvestorOfJAMMU My average price is 23,500. Planning to add more if it goes 22,000. Even if nifty has bottomed. I’m happy 😌

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Holding for next 3 years, may not disappoint you🤞
Disc - Dyor
paresh pisipati@paresh_pisipati
@InvestorOfJAMMU Tru dat. Made my mom buy at 770. Went to 730 and now this
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ALERT📢
This 700 point Gap up in Nifty need to be filled. Next week, next month, next year?? Seriously, I don't know, but yes it will be filled.
So be mentally ready.

Margin of Safety🇮🇳@InvestorOfJAMMU
ALERT ALERT ALERT BOTTOM IS DONE✅🩵🤞
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@_aswinrk @YuvrajShah02 But too difficult in this news based events these days.
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Here's my view:
We're in the final stages of the US-Iran war.
Crude prices being this elevated is simply unsustainable for most countries.
Trump knows this, which is why he keeps extending his deadlines with Iran in order to reach an agreement or ceasefire.
Trump has issued Iran an ultimatum that expires tomorrow 5:30am IST.
Stay tuned in to the news during the next few days! You may have many market opportunities come your way.
I'm already liking the price action on nifty and the reduced sensitivity of our indices to global news.
Seems like the markets have priced in most of the likely war outcomes.
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@JoyfulGiri @YuvrajShah02 It’s not over bro.. let’s see. Manipulation’s are common in the market
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@InvestorOfJAMMU That’s going to do very well. It’s perfect time to add short positions
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Carried some shorts overnight today for hedging.
Will carry them till this weekend. Depends upon the evolving situation!
Margin of Safety🇮🇳@InvestorOfJAMMU
Market is just doing timepass. Tomorrow RBI policy meet outcome - Expected nothing❌ Important even from Trump tonight, for Iran. Go hedged, if carrying anything🚨 I hope Oil does not give shock overnight by crossing $119...breakout.
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