BankNifty October 1st, 2018 Plan

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

Sagar U.S

#sagarus #ussagar, #Nifty50 #banknifty, #iamstocktale, #sagaryouyes, #youyessagar

 

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