September 2020 — Options Buying — Day 10

The NIFTY chart tells our story of the day. NIFTY recovered from a low of 11185.15 to close at 11278. This move killed our trades. What was looking like a promising position in the morning kept deteriorating with every minute of afternoon trades. The big spoilsport was SUNPHARMA. PUT 480 traded for a high of […]

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Money In The Bank — September 2020 Series — September 10, 2020

Let us see which way BANKNIFTY moved yesterday. NIFTY was down just 0.35%. If the banking stocks were not so week, probably NIFTY would have ended up positive. Anyway that is a separate subject. We had decided to close the trades after the initial volatility was over. The previous set up was closed at 9:30 […]

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Weekly Warrior — Nifty/ Bank Nifty — September 10 Expiry — Closed on Sep 09

The day began with a big down move. Then the indices climbed up to fall again but by the end of day there was a significant recovery. Nifty finally ended up at 11278 which was a far better level than the day’s low of 11185.15. We had decided to close the trades if NIFTY went […]

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