Derivatives trader 📈 Ex - JP Morgan. Credit card enthusiast 💳 | Foodie 🍽️

Bengaluru, India
Joined December 2009
Eshwar Vemala retweeted
Iran_deal_version23_final-final.pdf
TRUMP: IRAN CALLED A WHILE AGO; THEY WANT TO MAKE A DEAL
Readers added context they thought people might want to know
Iranian officials deny that any negotiations with the US are planned or taking place. bbc.com/news/live/cly9… reuters.com/world/middle-e…
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Eshwar Vemala retweeted
Very few places where loyalty is rewarding! Accor is on the very top tier in that list !
Accor being extra nice and handing over a gift 🎁 for being a Platinum member ✨ Moments like these make it even more special 🙌🏻 Guess the property ? @aman6490 @All
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Eshwar Vemala retweeted
Really bad experience with @TanishqJewelry by @TitanCompanyLtd by @TataCompanies @TitanCompanyLtd has no escalation matrix, no nodal email, no grievance team, customer care claims we're the final deciding authority. Worst part is they're quoting random terms and conditions and violating their own terms and conditions. @TataCompanies @TitanCompanyLtd talk a lot about ethics & trust, have an ethics committee which I tried reaching out to - and no acknowledgement and no response - even after multiple follow ups. Totally shocking behavior. I tried reaching out to the management, no acknowledgement, no response after multiple follow ups. Dear @TanishqJewelry - can you please respond to a customer, after multiple follow ups I haven't received any response in 2 weeks ? After having made purchases worth 40L over last 2 years and giving you a revenue of more than 100 crores via @GoldDealsIndia - This is really unfortunate. ☹️ Hey @RBI @RBIsays - you need to regulate these guys too. They collect money from public with there schemes, and when it comes to return it, they ghost us. Way too many complaints. PS: Raised a complaint in @nch1915 @jagograhakjago last week - waiting for resolution. Please share.
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Eshwar Vemala retweeted
🚨 @MarriottBonvoy x @Swiggy is here! 🎉 ✅ Earn 5 Marriott Bonvoy points per ₹500 spent on food delivery, Instamart & Dineout ! ✅ Max 1,000 points per transaction ✅ Silver/Gold Elite members → 3 months FREE Swiggy One ✅ Platinum/Titanium/Ambassador Elite → 12 months FREE Swiggy One Just link your accounts via the Swiggy app & start earning! 🔗 Existing IndiGo BluChip offered an effective earn rate of 0.4%, with a redemption value roughly similar to Marriott Bonvoy points. However, Bonvoy’s earn rate is closer to ~1%, making it the better option for most users. That said, decide based on your own usage. (Note: you’ll need to unlink your IndiGo account first to link it with Marriott Bonvoy)
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Eshwar Vemala retweeted
If you are well within your VAR, bear the pain. That is why you planned your VAR.
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Eshwar Vemala retweeted
This team! 🥹💙🫂 Next Stop: Semi-finals 🚀 ICC Men’s #T20WorldCup Semi-Final 2 👉 #INDvENG | THU, 5 MAR, 6 PM
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Eshwar Vemala retweeted
Looks like HDFC Made the rumor real Sending out these emails of new TRV of 50L or 18L spends😟 Seems to be a new low 🫠 H/T: @eshwarvs
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It's almost 12 pm, but MCX has still not started due to tech issues....Exchanges are a joke in India. Zero accountability
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Think you need a big salary to get premium cards like Axis Magnus? Not always. 💳 If you’ve built a solid credit limit on your HDFC card, you can unlock top-tier credit cards using the “card-on-card” route says @eshwarvs. It’s all about strategy!
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How an ₹8,000 iPhone cashback turned into a full-blown credit card obsession 💳📱 Let’s rewind 10 years… and meet @eshwarvs. One poster. One swipe. And life changed. 🧵
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I know Arjun from last 3 years. But never knew he had so much of depth to him. Markets, fitness, philosophy, spirituality- could talk everything with him. Good sesh! @iarjuntandon
In Episode 9 of Breakfast with Traders, Arjun shares his trading journey and evolution as a trader. He explains how he applies backtested strategies in real trades, balancing both systematic and discretionary approaches. Arjun emphasizes the importance of mindset and fitness in staying disciplined and focused. He also provides valuable tips for managing psychological pressure during drawdowns. The episode wraps up with Arjun’s advice for aspiring traders: stay consistent and keep learning youtu.be/u7Ek1KYAAbE?si=iNMw… @PRAFULKULKARN18 @iarjuntandon
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Number Of Consecutive Months Without A Monthly Decline Of 5% Or More for Nifty50. The current run of 52 months is a record, as per DSP Netra @dspmf @SahilKapoor
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Eshwar Vemala retweeted
#Sebi proposes measures to curb speculative hyperactivity in derivatives market... ▪️Rationalization of strike price for options ▪️Upfront collection of options premium ▪️Removal of calendar spread benefit on expiry day ▪️Intraday monitoring of position limits ▪️Minimum contract size ▪️Rationalization of weekly index products ▪️Increase in margin near contract expiry Read the full consultation paper here sebi.gov.in/reports-and-stat… These are snapshots of the *draft* circular. Based on feedback the final changes could be modified.
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Eshwar Vemala retweeted
Smile moment- Why Dinosaur got extinct (Copyright of video not known)
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So govt sold truck loads of #SGBs at 15% duty but now when it is time for redemption they have taken away 9% of it. Not a good move . I think they r realizing what a bad mistake SGBs have been for them. Maybe no new series coming out hence.
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Capital gains changes in #Budget2024: 1) Only two holding periods: 12 and 24 months 2) Gold, debentures, bonds will be 24M (along with unlisted shares and RE) 3) All listed securities (incl bonds) will be 12M 4) STCG increased from 15% to 20% 5) All LTCG is 12.5%. No indexation anymore. This is important. Even for real estate! 6) LTCG upto 1.25 lakh is tax free (from 1 lakh earlier) These changes are only from July 23 onwards. Meaning whatever you sold till today was under the older tax, even in this financial year.
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Eshwar Vemala retweeted
Markets open on Saturday too ! Disaster recovery site live trading will happen on 2nd March, Saturday Ek aur weekend barbaad 😂💕 #Trading #Investing
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Eshwar Vemala retweeted
January has historically been a challenging month for sellers, based on my experience. The trailer has already been launched, evident in yesterday's day end and today's price action. Exercise caution, adjust position size and manage risk accordingly.
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#NSE Indices launches new variant of the #Nifty50 index. For the latest news and updates, visit: bqprime.com
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Eshwar Vemala retweeted
Dear @zerodha I asked #Bard to review of the issue with login and marketwatch on #zerodha #Kite on December 4, 2023 . You may like to read the reply. Insufficient impact assessment: It appears that comprehensive checks and analyses weren't conducted to identify potential downstream issues that could arise from the implemented changes. This lack of foresight contributed to the unexpected strain on the login system and Marketwatch functionality. Brittle login infrastructure: The current login system seems susceptible to unexpected surges in activity, as evidenced by its inability to handle the influx of password reset requests triggered by the email alerts. This fragility highlights the need for a more robust and scalable login infrastructure. Communication silos: The information gap between teams responsible for the IP database update, email alerts, and login/Marketwatch systems suggests a lack of coordinated communication. This disconnect likely hindered the ability to anticipate and mitigate potential conflicts, ultimately leading to the observed issues. Reactive approach to problem-solving: While the temporary fixes implemented (suspending password resets, migrating users) addressed the immediate problems, they appear to be reactive measures rather than proactive solutions. This reactive approach might leave the system vulnerable to similar incidents in the future if the root causes aren't thoroughly addressed. Overreliance on single points of failure: Both the login issue (dependent on password reset functionality) and the Marketwatch issue (reliant on a specific infrastructure) highlight the risks associated with overdependence on single points of failure. Implementing redundancies and backups could help minimize downtime and ensure service continuity during such situations. Inefficient resource allocation: The need to migrate affected users to a new server due to the Marketwatch issue suggests inefficient resource allocation within the infrastructure. This reactive approach might not be the most cost-effective or sustainable solution in the long run. Investing in better monitoring, testing, and redundant systems could potentially prevent such disruptions and optimize resource utilization.
Here's a preliminary update on today's issue with login. This was due to a recent update to our IP database over the weekend, which resulted in changes to the recorded locations of many users. This update triggered emails to users that they were logging in from a new location/IP which may have prompted a lot of users to reset their passwords all at once putting a strain on our login systems. We've put in measures to prevent similar issues. Please create a ticket if you were affected by today's issue, and our team will reach out to you. We sincerely apologize for the inconvenience caused. zerodha.com/marketintel/bull…
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