Bank Nifty Option Tips Past Performance : Sep 2020

  

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
01/09/20	CE24000	Buy	235	300	365	Both tgt Achieved
02/09/20	PE23500	Buy	228	265	300	Only 1st tgt Achieved. We closed seeing enhanced volatility due to the Moratorium case in the Supreme court
03/09/20	CE23800	Buy	80	120	150	Only 1st tgt Achieved. Pl see that though it is only 40 point movement but effectively it is a 50% return. Thus only seeing the points may not be the right approach to assess the result(10 Lots were traded as strike premium was low which means profit was 40x10=400 pts gained)
04/09/20	CE23600	Buy	227	275	300	Both tgt Achieved
07/09/20	CE23300	Buy	225	268	283	Both tgt Achieved
08/09/20	CE23200	Buy	155	195	235	Only 1st tgt Achieved
09/09/20	PE22400	Buy	210	275	297	Both tgt Achieved. We did this trade twice by reentering at a lower level again post booking the profit the first time and achieved success both time.
10/09/20	CE22500	Buy	50	100	150	Both tgt Achieved
11/09/20	PE22300	Buy	200	270	320	Only 1st tgt Achieved
14/09/20	PE22600	Buy	235	290	340	Only 1st tgt Achieved
15/09/20	CE22300	Buy	232	290	340	Both tgt Achieved
16/09/20	CE22600	Buy	140	180	210	Stop-loss hit as it hit a high of 163 & reversed towards SL
17/09/20	CE22400	Buy	75	125	175	Both tgt Achieved
18/09/20	CE22600	Buy	255	305	350	Only 1st tgt Achieved
21/09/20	CE22100	Buy	265	320	340	Both tgt Achieved
22/09/20	CE21600	Buy	190	240	272	Both tgt Achieved
23/09/20	CE21300	Buy	150	185	220	Only 1st tgt Achieved
24/09/20	CE21000	Buy	55	75	95	Only 1st tgt Achieved(10 Lots were traded as strike premium was low which means profit was 20x10=200 pts gained).
25/09/20	CE20800	Buy	230	360	464	Both tgt Achieved
28/09/20	CE21300	Buy	230	400	550	Both tgt Achieved
29/09/20	CE21600	Buy	170	205	240	Only 1st tgt Achieved
30/09/20	PE21400	Buy	240	300	330	Both tgt Achieved

During the month we gained approx 2302 points which work to approx 104 points on a daily basis. You can read more about our best Bank Nifty Options Tip here. During the month we were a bit cautious in banking index trading due to interest on moratorium pending decision by the Supreme court.

We hit stop loss during one day namely on 16 Sep 2020.

As a guideline, the Stoploss is generally 12.5% pts of the entry price which means that if the entry price say 200 then stop loss will be at 200-25=175 (12.5% of 200 is 25). We have not been able to write the stop loss as an independent column above as in the desktop version of the website we have a horizontal view and we have lesser space available and thus only column which matters have been written.

We look forward to new clients experiencing our precision tip where our aim is to get you profit in the day howsoever small it may be as human is averse to loss.