Bank Nifty Options Tip Past Performance : Nov 2023

Do remember to check the calculation of points at the bottom of the results column. Remember that you see profit in percentage as we trade in out-of-the-money options where you require lesser capital to trade a lot. You can read more about our Bank Nifty Option Tip here. 

Please note that BankNifty Lot size has been reduced to 15 

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
01/11/23	CE42900	Buy	61	75	86	Both tgt Achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
02/11/23	CE43500	Buy	153	178	209	Both tgt Achieved
03/11/23	PE43100	Buy	140	172	188	Both tgt Achieved.
06/11/23	CE43600	Buy	164	187	210	Only 1st tgt achieved
07/11/23	PE43300	Buy	82	95	105	Both tgt achieved
08/11/23	CE43900	Buy	43	52	65	Only 1st tgt achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
09/11/23	CE44000	Buy	125	173	235	Both tgt achieved.
10/11/23	CE43900	Buy	106	126	153	Both tgt achieved
13/11/23	PE43800	Buy	140	160	180	Only 1st tgt achieved
15/11/23	CE44400	Buy	60	69	80	Only 1st tgt achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
16/11/23	CE44500	Buy	152	197	269	Both tgt achieved
17/11/23	CE44000	Buy	181	210	230	Only tgt 1 achieved.
20/11/23	PE43400	Buy	163	190	222	Both tgt achieved
21/11/23	PE43900	Buy	113	130	150	SL Hit
22/11/23	CE43400	Buy	21	40	54	Both tgt achieved.
23/11/23	CE43800	Buy	184	210	231	Both tgt achieved
24/11/23	CE43800	Buy	140	182	246	Both tgt achieved.
28/11/23	CE43900	Buy	133	184	270	Both tgt achieved
29/11/23	CE44200	Buy	82	292	449	Both tgt achieved
30/11/23	CE44900	Buy	40	55	70	Both tgt achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.

During the month we gained approx 2932 points which work to approx 195 points on a daily basis per lot and in profit terms is a gain of Rs 2925 per lot per day as lot size in Bank Nifty options is now qty 15. In all 20 trading days were seen in the month which had some extra holidays. You can read more about our best Bank Nifty Option Tips here. 

As a guideline, the Stoploss is generally approx 10%-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 the only 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.

Happy Trading and investing in the market as you must activate your second stream of income as none is indispensable in any kind of job.