- US markets closed a percent higher Yesterday.
- Asian Markets are Mostly Mixed.
- Yesterday RBI Announced to provide ₹50,000 crore special Liquidity window to support Mutual Funds.
- Financial Sector Outperformed Yesterday on the back of this News.
- SGX Nifty is about 40-50 Points higher now.
- Nifty Traded in 70-80 Point Range Yesterday.
- Traded in Positive Terrain for the whole day Yesterday.
- As I mentioned in Yesterdays Blog im not Expecting the Markets to go much lower from here.
- Markets are Constantly Expanding their range on the upside & the Downside from here seems to be Minimal.
- IndusInd Bank declared it's results after Market hours Yesterday & it was below the Street Expectations.
- We are in a Buy on Dips Market and all the Dips should be bought into.
- The Market will reward your Patience on the higher side.
- Ignore all the Predictors giving you 5000-6000 targets on Nifty. They just sound smart but never make money.
- OPINIONS don't make Money , Actions do.
- Focus on what's going to happen the Next day & trade Accordingly.
- Dont care where the Market goes , as a Trader your job is to make money.
- Bought 9400 CE & sold 9500 CE on Nifty.
- Sold 8900 PE & 9600 CE on Nifty.
- SBI Expiry Trading Strategy:
- Sold 200 CE , 190 CE & 170 PE for SBI.
- Bought 500 shares in Delivery ( for every 1 lot) to cover the Upside risk.
- Will be collecting a Premium of 5rs per lot (3000 shares is the lot size )of SBI if it Expires between ₹165 & ₹195 for April Expiry. (₹15000 profit per lot)
- This is a Zero risk Strategy & if it doesn't work one can exit at Breakeven without any damage to their Capital.
- We are already sitting on ₹1 gain per lot on the above Strategy.
- Traders with low Capital can sell ₹190 or ₹200 Call Option & buy Equivalent shares in Delivery so as to cover 10% downside risk.
- Will be Sharing many More Strategies like this in Future & the one who follow and read my Blogs Daily will surely not miss it.
- All my Trades are of April Expiry
- It was posted on my WhatsApp Status & also on our Official Instagram ID.
- Once Nifty crosses 9400 we can witness 9500-9600 levels on this Expiry itself.
- Intraday Strategy remains simple , keep buying dips ( Don't buy all at once ) buy few Quantities on a good Considerable dip until your Stoploss level & wait for the Markets to reward you on the higher side.
- Crude Oil again trading Negative so Oil stocks should be in focus today.
- IndusInd Bank results might have an impact on Banknifty today if IndusInd Bank does big Moves.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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