DhirajSinghBais

BANKNIFTY TRADE PLAN(FUTURE + OPTION): 08 JUL 20 ONWARDS

NSE:BANKNIFTY   NIFTY BANK
Trade Plan 08 Jul 20

Republishing after amending levels

Sell – 22726
Target 1 – 22259
Target 2 – 22004
Target 3 – 21748
Target 4 – 21385
Strict stop above 21736



Option 1
Sell 23500*2 PE 619. 40
Buy 23000 PE 857.7
Net credit 381.1
Max Profit 22028
Max Loss UNLIMITED
Break Even 24381
Margin Required 1.15L approx.
POP 73%
ROI 21%

FOLLOW UP TRADE PLAN


Be Proactive Trader

Better Insight, Better Trade Execution

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Comment: Sorry ....Amend to read the PE as CE with cross checking the options price mentioned against each strick price...
Comment: Target 2 of 22004 hit

Option strategy is also going as per plan
Comment: All targets hit
Comment: Option 1
Sell 23500*2 CE 619.40
Buy 23000 CE 857.7
Net credit 381.1
Max Profit 22028
Max Loss UNLIMITED
Break Even 24381
Margin Required 1.15L approx.
POP 73%
ROI 21%

Current standing with profit of +8925 (ROI till date on option position +7.76%)

HOLD TILL EXPIRY
Comment: Option 1
Sell 23500*2 CE 619.40
Buy 23000 CE 857.7
Net credit 381.1
Max Profit 22028
Max Loss UNLIMITED
Break Even 24381
Margin Required 1.15L approx.
POP 73%
ROI 21%

Current standing with profit of +9370(ROI +8.14%)
conservative traders can book

HOLD TILL EXPIRY
Comment: Aggressive traders can hold till expiry

Comments

Sirji, Again you proved it
"SAU SUNAAR(INTRADAY TRADER) KI, EK RAJPOOT(SWING/POSITIONAL TRADER) KI"
Benchmark Technical Analysis.....
+4 Reply
DhirajSinghBais Nirmal_2087
@Nirmal_2087, thnx
Reply
Sirji
Again Trademark Analysis
#bankniftywizard
Reply
You are awesome... the real BANKNIFTY WIZARD
Reply
@Goutam5196, lol....Thnx....Appreciated..
Reply
awesome
Reply
@Shikha22, thank you
Reply
Once again, good going 👍
Reply
@Shikha22, thank u maam
Reply
@DhirajSinghBais Sir your options hedge strategy was perfect. I am honoured for coming in touch with you.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out