neneram

Bank Nifty 1 day Trade - Execute after 3pm

NSE:BANKNIFTY   NIFTY BANK
Hello ALL ,
No naked buy/sell of put/call

Following is strategy to be executed after 3 pm , Dont execute it right now

Buy 24200 Mar expiry 1lot
Sell 24200 22nd Mar expiry (i.e tomorrow) 1 lot

Bank nifty appears side ways to down. Let it settle till 3 pm

Will update this at 3pm , If Banknifty goes 24400 by 3pm than we will go for 24300 call rather than 24200 calls.

Patience pays , And it pays very well , let's wait .

Options are risky , consult your financial adviser before taking trades.
Comment: Folks as communicated
Buy 24200 Mar expiry 1lot @338
Sell 24200 22nd Mar expiry (i.e tomorrow) 1 lot @177
Trade active: Take the trade guys
Trade closed: target reached: Screaming exit , we are making 30-35 points profit on our trade .
So carry forward .
EXIT , EXIT Both the positions

24200 march expiry @ 204 and 24200 today expiry @ 2.5/3
Comment: Exit folks , profit is our best friend , Take him home
Comment: * No carry forward (typo above).
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