Got long in Bank Nifty Oct
Bought Oct calls at BN spot: 19760
Target is hold till stop loss is broken or BN moves substantially higher
Stop loss Spot Bank nifty in 19660-19640 region.
Since bank Nifty has broken 19650 decisively, long positions in Bank Nifty were taken.Since BN is very volatile for last 10-12 trading sessions so stop loss is small
Similaily bought Nifty OCT calls at Nifty 8790 spot.
Target is hold till stop loss is broken or Nifty moves substantially higher.
Stop loss Spot Nifty in 8755-8760 region.
Update at 1220: Reversed the trade
Update 2 at 1247 Got out in huge profit
Bought Oct calls at BN spot: 19760
Target is hold till stop loss is broken or BN moves substantially higher
Stop loss Spot Bank nifty in 19660-19640 region.
Since bank Nifty has broken 19650 decisively, long positions in Bank Nifty were taken.Since BN is very volatile for last 10-12 trading sessions so stop loss is small
Similaily bought Nifty OCT calls at Nifty 8790 spot.
Target is hold till stop loss is broken or Nifty moves substantially higher.
Stop loss Spot Nifty in 8755-8760 region.
Update at 1220: Reversed the trade
Update 2 at 1247 Got out in huge profit
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