Pravritti and Nivritti #Thread

Pravritti is worldly interaction i.e from inside to outside whereas Nivritti is inner contemplation i.e from outside to inside.

Let's understand both with examples

Brutal truth about Aur@ngzeb!

1. He was a religious bigøt, cunning and cruel to H!ndus.

He was keen that the sh@ri@ or Isl@mic law be followed everywhere.

H!ndu religious fairs were outlawed in 1668, and an edict of the following year prohibited construction of Hindu temples as well as the repair of old ones. 

The duty (internal customs fees) paid on goods was 2.5%, double the amount was levied on H!ndu merchants from 1665 onwards

2. According to one historical source, elephants were deployed to crush the resistance in the area surrounding the Red Fort of H!ndus who refused to submit to jiziya collectors.

Source:

3. Aurangzeb’s ultimate aim was conversion of non-Musl!ms to Isl@m. Whenever possible the emperor gave out robes of honor, cash gifts, and promotions to converts. It quickly became known that conversion was a sure way to the emperor’s favor.

4. Aurangzeb as a ferocious destroyer of H!ndu temples and idols.

He did not just build an isolated mosque on a destroyed temple, he ordered all temples to be destroyed, among them the Kashi Vishwanath temple, one of the most sacred places of H!nduism.

#SnanaJatra

Jagannath Bhagwan symbolises Bhagwan Krishna/Bhagwan Vishnu. He is the Ishtadevta/Kuldevta for many.

After all who's he? Jagannath is a combination of two words - Jagat (world) and nath (Bhagwan/master); in short Bhagwan of the Universe.

He's also known as "Sarbam Rahasyam Purusottamasya” which denotes the origin of Purusottama Jagannath is mysterious and enigmatic.

His black face represents the void and he dwells in Mahashunya.

He's a simple crude wooden idol with two wooden stumps as hands, conspicuous absence of legs with two big round eyes indicating sun and moon emerging from a big black face which symbolizes the Universe. He is worshiped as the Daru-Brahma.

The word Daru is derived from Da-Dukha or sorrow and Ru-to give.

During the #SNANAPURNIMA , 108 copper and gold pots are filled with water from suna kuan (golden well) and kept on the bhoga mandap. These vessels are brought to snana bedi on this day.

This ritual is called Jalad Hibasa. The dieties are first offered red powder, & then taken to #snana bedi, their bodies covered with silk clothes. Pouring of water is accompanied by chanting of Pavamana.

#Thread on #Savarkar

Most historians - British as well as Indian, have described and dismissed the rising of 1857 as a ‘Sepoy Mutiny’ or at best ‘The Indian Mutiny’.

We all have read it in the similar fashion in our History Textbooks too.

Whereas several revolutionaries and freedom fighters regarded this as a strategy that was well planned, & organised to destroy the British power in India.

#Savarkar was the one who looked at it from the Indian perspective.

Being a revolutionary himself, he was inspired by the bravery, heroism, the burning passion, suffering and the unfortunate tragic fate of the leaders in 1857.

He decided to change the British and the Indian narrative about 1857.

He spent days and months in the 'India Office' library in London and accordingly wrote a book in Marathi in 1908.

He found it impossible to publish this in India and the original manuscript was returned to him back. He tried publishing the same in Germany but in vain.

Some Indian students at India House translated this in English and he could finally publish it in Holland in 1909 (almoat a year after he finished writing the book) under the title :

“THE INDIAN WAR OF INDEPENDENCE –1857”

#Thread on #विजयदिवस

50 years ago, USA threatened India to stop the 1971 war. India, in the midst of the war, had to send an SOS to the Soviet Union.

A story of #1971War that has been erased from our #History books.

When 🇵🇰's defeat in the #1971War seemed imminent, Kissinger (NSA) spurred Nixon to send the US 7th Fleet’s Task Force, led by the nuclear-powered aircraft carrier USS Enterprise, to the Bay of Bengal.

The USS Enterprise, at 75,000 ton, was the world's largest nuclear-powered aircraft carrier in the 1970s with more than 70 fighter aircraft, a MONSTER.

The Indian Navy’s fleet was led by the 20,000-ton aircraft carrier, Vikrant, with 20 light fighter aircraft.

The USS Enterprise was being dispatched to secure American citizens in 🇧🇩 was the 'official' American statement.

Unofficially it was to threaten the Indian forces and prevent the liberation of East Pakistan.

🇮🇳 soon got an another bad news.

Soviet intelligence reported to 🇮🇳 that a powerful British naval group led by the aircraft carrier HMS Eagle with commando carrier HMS Albion, several destroyers and other ships were approaching India's territorial waters from the west, towards the Arabian Sea.

#Thread on Sri Rudram

The text of Sri Rudram is drawn from Krishna Yajurved, one of the four Veds.

Sri Rudram is divided into two parts - the Namakam and the Chamakam.

Namaka lays stress on virakti (detachment) whereas Chamaka dwells on desires for this and that. What is to be discarded and what is to be desired?

"NA" means no, while "MA" means want. I don’t want anything, I don’t want anything is the first half.

While the second half, chamakam means I want. I want indicates being full of desires. What do they desire? Oh Bhagwan, grant us pure air; grant us good drinking water; bless us with good food.

A shlok defines Sri Rudram very beautifully: "Among all sources of knowledge, the Vedas are supreme. In the Vedas, Sri Rudram is supreme. In the Rudram, the Panchakshari mantra (namah Sivay) is supreme & in Panchakshari mantra itself, the two syllables 'Siva' is supreme!"

The benefits of chanting Sri Rudram are

• Rudra drives away negative energies.

• Helps us to sail this ocean called life smoothly.

• Removes Ignorance, and helps us to realise our true selves.

SRI MOOKAMBIKA DEVI, KOLLUR (KAR)

There was an Asura, Kaumasura, who was doing penance to please Shiva and get a boon. To prevent him from asking for a boon, Devi Saraswati made him dumb (hence called Mookasur)
Later, Adi Parashakti slayed him and came to be called Mookambika.

It is said that Adi Shankaracharya had a vision in which Devi agreed to follow him provided he did not look back. He kept walking and was assured of her presence due to the sound of anklets. When he reached here in Kollur, he turned back as the sound of anklets had stopped.

So Devi stayed here and merged with the lingam. The place came to be called Mookambika Kshetram.
The linga has integrated on it’s left side MahaKali, Maha Lakshmi and Maha Saraswathi and on the right side- Brahma, Vishnu and Shiva.

A swarna rekha (gold line) divides this linga into left and right portion. Adi Shakthi in this Udhbhavlinga form appears only here.
Devi sits in padmasana and has 4 hands.
Adi Shankaracharya installed the Sri Chakra in front of Devi and also composed the Soundarya Lahiri here.

Here is the detailed information of about strategy,

Entry time : 9.30 - 10
Exit : Upto you

Strategy :
Sell weekly ATM CE & PE at almost equal price
For ex : Sell Nifty 17250 CE at 50 and Nifty 17250 PE at 48 so it will become short straddle

Buy monthly ATM or near ATM CE & PE at matching price (5-10 points diff should be fine) as hedge
For ex : Buy Nifty 17250 CE at 150 and Nifty 17300 PE at 155 so it will become long straddle.

Weekly Short straddle + Monthly Long straddle

Adjustment:

• If you feel slightly bullish/bearish then no adjustment needed
• If Nifty moves 50 up or down and sustain then just simply roll up or down half of qnty and keep rest of the quantity. If market goes up or down further then roll up or down rest.

• If Nifty moves one side or about to breach BEP then add equal amount of lot. This can balance tested side. For ex: If I bought 17300 CE 4 lot as hedge then add 4 lot so you will have only one side risk . Note: Remember to keep SL at cost price (only for additional lot bought)

Capital requirement:
2.2 L for 4 lot
Adjustment requires additional capital upto 1L

Note : High risk high reward strategy, please don’t execute until you fully understand. Kindly do paper trading or backtest.
RR : 1:1
POP : 45-55%

Catch me if you can @Mitesh_Engr

Time for a🧵
Mitesh Sir's EXPIRY Option Selling 101:
• What to look for?
• Strike Selection & Ratios
• SL mgmt
• Avoiding freezes
• Monthy Expiry
• Event days
• How he would have traded last expiry?

In collaboration with @AdityaTodmal

Edward de Bono says intelligence is like a🚗 Automobile

“A powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.”

What @Mitesh_Engr Sir looks at for Expiry Trading:

• Technicals of BNF
• Individual Heavyweight stocks of BNF
• Support/Resistance of BNF on weekly TF
• Also has Superb SL management
• When it comes to adjustments, he is always on toes

How to Select Strikes to Sell?

• You can't sell based on premium
• Follow only trend
• Price action is best to sell on expiry day
• Never wait for the options to go to zero

Using Ratios to Sell:

• If BNF is in a range then strangles
• If breakout/ breakdown from a range then directional
• Selling 70/30 or 80/20 ratios
• 2 examples on how he used ratios

Read this. U may get it for free.
Short straddle :
What is ?? Sell an atm call and put.
Instrument: mostly bnf and nf.
Now there are versions of it.
1. Best version :
Enter around 9.15-20 and exit around 3.20. No adjustment nothing.
1/n.

If u r doing it on zero leverage(meaning u have full capital of around bnf's notional contract,i.e. 40000*25 = 10lacs), then u r most likely going to make better than fd or anything like that.
Simple rules : friday,monday, tuesday do for weekly. Wednesday and thrusday next week

So, gamma moves can't impact much.
Another better version of mahesh chander kaushik is to do it for monthly expiry.
Bigger premiums and never hav to worry about 200-300 points sudden moves.
2. 2nd version : have combined stoploss of premiums and re-entry criteria. Example :

Let say 40000 straddle is at 600. Sell at 600 and hav combined sl at 650. Many algos are providing this. U can even place stoploss in % terms. Like, if sold straddle at 400 and placed 10% sl, means if 440 combined premium touch, it will be stoploss.
Let say, in morning,

U sold straddle at 600 and it sl hit at 650. Now, u placed reentry at 600 with same sl. This time may be linear decay happens and u may cover morning's loss and make some profit.
3rd version : stoplosses at each leg and trail sl to cost type.
Example , 40000 straddle at 400.

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