Bank Nifty Long | Pre Budget | 2nd Feb expiry position

Jan 23, 2023

BAnknifty has given a min breakout. Asian markets seems to be a positive mood , so went long in the last 15 mins of todays trade.
here's the position | 2nd Feb expiry

Shorted 42900 pe and ce with a premium of 967 | taken since this is a congestion zone
Shorted 43500 pe at 800 | Overall trend seems to be positive , hence carrying long position
Position is hedged on downside with pe options.

Target is to generate 10-15k / basket

Follow for further updates

Jan 24, 2023

Note

booked all around 43026 spot price, will enter on getting good premium