As I got lot of messages regarding expiry jackpot trade. I cannot say where bank nifty will expire like astrologers so I'm presenting game plan for tomorrow.
Buying 30800 CE for a target of 200, cmp 112. If bank nifty remains range bound for first half price will come down to 40rs.
Selling 30500 PE for a target of 0, cmp 40. If bank nifty remains weak for first half it may trade around 60 rs.
It needs to be bought in conformation with mkt conditions after 11:30 where we may decide not to take the trade or go short into close. For exact info you can always refer to our social media updates.
Caution : Trade with low volumes.
Good Luck
Buying 30800 CE for a target of 200, cmp 112. If bank nifty remains range bound for first half price will come down to 40rs.
Selling 30500 PE for a target of 0, cmp 40. If bank nifty remains weak for first half it may trade around 60 rs.
It needs to be bought in conformation with mkt conditions after 11:30 where we may decide not to take the trade or go short into close. For exact info you can always refer to our social media updates.
Caution : Trade with low volumes.
Good Luck
Trade active:
Bought 30800 ce @ 48rs
Trade closed: target reached:
Closed @ 142
Trade active:
Sold 30500 pe @ 56
Trade closed: target reached:
30500 pe = 0