Today, My plan is if bnf opens gap up, and sustains, would be buying call options and would be exiting sooner too (probably first half trade )
If gap up doesn’t sustain, would be light on call options buying
Disclaimer – It’s not a recommendation and it is to test my Research, do consult your research analyst
Expecting a 2 Open low in BNF in next coming 6-8 trading sessions
One Open low could be blockbuster, but don’t know which open low day
The other open low would take markets up in the first half, the second half could correct all the gains and close positive
The question is which open low day would happen and nobody knows it
If it happens today -would be fantastic! Fingers crossed! If not probability of that happening is more!
Would be tracking 25500 Call options and 25000 Put options
25500 Call options above 120 are positive, above 180 it would be a huge day for 25500 call options – the move could lead to 270-360-390
Below 70 it’s negative for the day
25000 put options below 80 close for the day is negative for the put options buyers.
If it is above 80, it is positive
Position Sizing is more important – Would be extra cautious and trade, will update later in the day about the result
All the best! Trade less ! Trade from savings money
#sagarus #ussagar, #Nifty50 #banknifty, #iamstocktale, #sagaryouyes, #youyessagar