Bank Nifty Options Tip Past Performance : Jan 2023

Indian-Share-Tips.Com Bank Nifty Option Tips Result

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
02/01/23	CE43600	Buy	122	154	187	Both tgt Achieved.
03/01/23	CE43500	Buy	158	199	222	Both tgt Achieved.
04/01/23	CE43600	Buy	160	176	200	Only 1st tgt Achieved
05/01/23	CE432000	Buy	81	108	127	Both tgt Achieved. Minimum 5 Lots are traded on Thursday as the premium is less.
06/01/23	CE43000	Buy	158	176	195	Both tgt Achieved.
09/01/23	CE42700	Buy	171	250	314	Both tgt Achieved
10/01/23	CE42700	Buy	134	149	175	Only 1st tgt Achieved
11/01/23	CE42300	Buy	83	145	232	Both tgt Achieved.
12/01/23	CE42400	Buy	75	93	105	Both tgt Achieved. Minimum 5 Lots are traded on Thursday as the premium is less.
13/01/23	CE42500	Buy	188	261	323	Both tgt Achieved.
16/01/23	CE43000	Buy	100	123	150	Only 1st tgt Achieved
17/01/23	CE42500	Buy	129	175	216	Both tgt Achieved
18/01/23	CE42600	Buy	70	100	140	Both tgt Achieved
19/01/23	CE42600	Buy	51	68	84	Both tgt Achieved. Minimum 5 Lots are traded on Thursday as the premium is less.
20/01/23	CE42900	Buy	120	175	190	Both tgt Achieved
23/01/23	CE43000	Buy	147	169	207	Both tgt Achieved
24/01/23	CE43200	Buy	81	93	102	Both tgt Achieved
25/01/23	CE42700	Buy	60	80	98	SL Hit
27/01/23	CE41900	Buy	265	284	320	Only 1st tgt Achieved
30/01/23	CE41000	Buy	370	480	520	Both tgt Achieved
31/01/23	CE41200	Buy	241	295	330	Both tgt Achieved

During the month we gained approx 1718 points using 21 trading days available in the market and it works to approx 82 points on a daily basis. You can read more about our Bank Nifty Option Tips here. These 82 points per day translate into a profit of Rs 82*25= Rs 2050 per lot per day. 

Remember we trade on a minimum of 5 lots on Thursday which is the weekly expiry as the premium is low on that day. We trade with constant capital and not on constant lots. So, you trade lesser lots on Friday with the same capital as the premium of the strike price is high and the maximum number of lots on Thursday as premium is low using the same capital. 

Trade with a minimum of 5 lots on Thursday is indicative of approx 10000+ capital for Bank Nifty option trading.

So, if you trade a higher number of lots, your profit increases accordingly. You can trade in one lot in the bank Nifty option in less than Rs 10000 and you do not require even any kind of margin also on it.

As a guideline, the Stoploss is generally 12.5% pts of the entry price which means that if the entry price says 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 the only column that matters have been written.

We look forward to your experiencing our Bank Nifty tips and make your financial woes a thing of the past and be a role model for your children that how you achieved financial freedom in your life.

Note: Minimum 5 Lots are traded on Thursday as the premium is less and thus whatever points we gain on Thursday are multiplied by 5 as you can buy at least 5 lots with a small capital ranging between Rs 10000-15000. Remember that we trade with fixed capital every day and not with fixed lots as the number of lots varies every day depending on the premium of the strike.

Jan 2023 has been a difficult month for Indian stock market due to relentless selling by the FIIs and thus not much movement was seen on the buying call side. Someone may ask that we did not give much PE calls because we have a different style of trading where we look for buying opportunities when the market has gapped down. Our aim si to capture the profit and move out in the shortest possible time frame.