Daily Bank Nifty Options Tip Past Result : Sep 2023

Do remember to look at the bottom of the table to see the total points gained during the month and how much profit you could have had gained daily just by deploying a small capital of Rs 10,000 (Ten Thousand Only) 

Please note that BankNifty Lot size has been reduced to 15 

Please note that expiry in bank nifty option has changed to Wednesday for weekly expiry and last weekly expiry of the month is on Thursday. This has happened wef Sep 2023.

  

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
01/09/23	CE 44300	Buy	151	212	312	Both tgt Achieved.
04/09/23	PE 44200	Buy	113	136	160	Only 1st tgt Achieved
05/09/23	CE 44700	Buy	100	127	150	Only 1st tgt Achieved
06/09/23	CE 44600	Buy	39	47	53	Both tgt Achieved. Minimum 8 Lots are traded on every Thursday. Points shown here are for one lot
07/09/23	CE 44700	Buy	125	185	279	Both tgt Achieved
08/09/23	CE 45200	Buy	109	158	240	Both tgt Achieved.
11/09/23	CE 45600	Buy	91	126	146	Both tgt Achieved.
12/09/23	CE 45900	Buy	85	121	147	Both tgt Achieved.
13/09/23	CE45600	Buy	56	192	347	Only 1st tgt Achieved. Minimum 8 Lots are traded on every Thursday.  Points shown here are for one lot
14/09/23	CE 46300	Buy	178	210	245	Both tgt Achieved
15/09/23	CE 46400	Buy	134	151	175	Only 1st tgt Achieved
18/09/23	CE 46300	Buy	122	149	172	Only 1st tgt Achieved
20/09/23	CE 45700	Buy	108	119	150	Only 1st tgt Achieved. Minimum 8 Lots are traded on every Thursday.  Points shown here are for one lot
21/09/23	CE 44800	Buy	154	169	190	Only 1st tgt Achieved
22/09/23	CE 45200	Buy	172	201	228	Both tgt Achieved
25/09/23	CE 44900	Buy	152	167	186	Both tgt Achieved.
26/09/23	CE 44900	Buy	130	149	161	Both tgt Achieved
27/09/23	CE 44400	Buy	123	165	210	Both tgt Achieved
28/09/23	CE 44700	Buy	80	92	101	Both tgt Achieved. Minimum 8 Lots are traded on every Thursday.  Points shown here are for one lot
29/09/23	CE 44800	Buy	134	163	203	Both tgt Achieved

Being Wednesday we trade at least 8 lots and the above points are listed for one lot each in the above table. Thus while calculating the points gained we have multiplied points by 8 for all Wednesday and last Thursday which happens to be the weekly expiry. The total points gained during the month of Sep 2023 are 4042 which is made by trading on total of 20 trading days in the month which means that we have made approx 4042/20=202 points per day which translates into a profit of Rs 202*15=Rs 3030 against a lot which you can buy in less than Rs 3000-4000 as our calls given are Out of money calls i.e. OTM calls.

Please understand that we always advocate our clients to trade at least Rs 10,000 to be able to gain max profit and if they can have some additional amount, it can act as a reserve. 

During the month we gained approx 4042 points for 20 trading days which works to approx 202 points on a daily basis and this result is arrived at after considering the negative points generated due to stop loss. Remember that some days we hit stop loss and some days we got meager profit but Thursday trading helped us to get a better result for the overall month as the points gained got multiplied by a factor of 5 as a minimum of five lots are traded every Thursday.

You can read more about our best Bank Nifty Option Tip here. 

As a guideline, the Stoploss is generally 12.5% pts of the entry price which means that if the entry price says 200 then the stop loss will be approx 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 thus only the column which matters have been written.

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

Bank Nifty Option is like a magic wand where even a small capital can help you make a good profit every day and now no one has a reason to say that they did not have sufficient capital and this was the reason they could not start in the stock market.