Day: March 15, 2023
Money In The Bank — March 2023 Series — March 15, 2023
Yesterday was no relief. ICICIBANK turned positive, HDFCBANK was flat but KOTAKBANK kept on moving lower. The fall in KOTAKBANK caused more loss than what was gained because of ICICIBANK move. And BANKNIFTY decline did not add anything to the PUT 39000 value. A look at BANKNIFTY for the day: The spike in the middle […]
read moreNifty Spread Trades — March 2023 Series — March 15, 2023
Yesterday, we saw the NIFTY 50 Index fall below 17000 level briefly. That made our BOUGHT CALL 17000 MAR29 out of money. When it was bought, it was a deep in the money CALL at Rs. 1220. How the market has come down in a matter of days. Yesterday was another day of Nifty decline. […]
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