Hold 8000 and 8100 CALLs.
Hold 14400 PUT. Maybe one can average with equal number of lots. Keep a close eye on market at 11 AM. And perhaps we would get chance to book profit before 11.30.
Today NIFTY and BANKNIFTY bounced from respective demand zones. This is power of bull run. If movement today is just short covering, then slight negative commentary will slide NIFTY by 100 points and BN by more than 400 points tomorrow.
If NIFTY goes to 7850 after RBI policy, then use that opportunity to sell 8100 CALLs.
Disclaimer: This blog does not take any responsibility of your profit/loss
Hold 14400 PUT. Maybe one can average with equal number of lots. Keep a close eye on market at 11 AM. And perhaps we would get chance to book profit before 11.30.
Today NIFTY and BANKNIFTY bounced from respective demand zones. This is power of bull run. If movement today is just short covering, then slight negative commentary will slide NIFTY by 100 points and BN by more than 400 points tomorrow.
If NIFTY goes to 7850 after RBI policy, then use that opportunity to sell 8100 CALLs.
Disclaimer: This blog does not take any responsibility of your profit/loss
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