Friday, 19 August 2016

Today's Trades 19082016

As discussed in Premarket charts and way to do live video today, prices moved as anticipated.

Trade 1.  Sold 8600CE as per system discussed in Index Options video at 104.5 and covered at 92.5.  Alternatively one could have bought 8700PE at the same time.  It yielded almost same.

Trade 2.  Bought Bank Nifty as marked on the chart.  It fell short of the target and did not yield much. This trade was based on the thinking that BN was showing strength and it gave an opportunity to buy at range low in an up trend.

I hope you all understood the knowledge shared through last few days posts and benefited from it.


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