buy 140 PUT of BANKINDIA around 4-5/-

NIFTY is still in uptrend, till the time it closes below 8050 for decisive downtrend.
BN was good trade today and one could have booked Rs. 5000/-profit in quick time. Those who missed to do so today, tomorrow morning would be another opportunity.

NIFTY respected 8250 level, but technically still in uptrend. Watch out for 8250-8300 level very carefully.

Update:

DishTV: booked profit around Rs. 5000/-
BN 18000 CALL sell: Profit booking. Rs. 5000/-

TCS: Same status.  Presently around Rs. 2000/- loss. Results are good. Look for opportunity tomorrow, based on results to book profit, otherwise one can hold till expiry. Rupee is weakening and TCS might cross 2750 before expiration.

Southbank:
Loss about Rs. 5600/- or could be more depending upon buying rate. One can exit or preferably hold till October 19 and expect miracle in quarterly result.

NIFTY strategy 8200 PUT and 7600 CALL: Overall profit. We booked profit in 8200 PUT and holding 7600 CALL,

Buy WIPRO PUT and Sell 8200 CALL: Till today in profit around 5-6 thousand. Holding

INFY: One could have booked profit today. We have not taken this trade.

DLF: Profit booked in single trade,

New Strategy
Bank of Baroda: Sell 170 PUT between 4.50-5.00 and
Bank of India : Sell two lots of 145 CALLS between 4.50-5.00.

Total premium collected will be around 20000/-
SL: Rs. 5000/-

And those who want to keep trade simple (or do not want to invest in margin money, like us!) just buy 140 PUT of BANKINDIA around 4-5/-

Disclaimer: This blog does not take any responsibility of your profit/loss