Bank Nifty Option Tip Past Performance : July 2020

Indian-Share-Tips.Com Bank Nifty Option Tips Result

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
01/07/20	CE215000	Buy	240	355	432	Both tgt Achieved
02/07/20	CE22000	Buy	178	225	255	Both tgt Achieved. Conservative tgts due to excess volatility in the market
03/07/20	CE22500	Buy	225	275	350	Sluggish movement due to USA Mkt being closed. Thus trade closed at 252 level
06/07/20	CE22500	Buy	250	300	450	Volatile Mkt, Only 1st tgt Achieved & thereafter hit stop loss
07/07/20	CE22300	Buy	200	375	500	Both tgt Achieved
08/07/20	CE22800	Buy	240	324	420	Both tgt Achieved
09/07/20	CE22700	Buy	150	214	275	Only 1st tgt Achieved & thereafter hit stop loss
10/07/20	PE22400	Buy	300	375	430	Both tgt Achieved
13/07/20	CE22500	Buy	220	270	320	Only 1st tgt Achieved & thereafter trade closed as Mkt was just meandering
14/07/20	PE21700	Buy	220	350	470	Both tgt Achieved
15/07/20	CE21800	Buy	170	375	450	Both tgt Achieved
16/07/20	CE21200	Buy	86	186	250	Only 1st tgt Achieved
17/07/20	CE21800	Buy	330	450	540	Only 1st tgt Achieved
20/07/20	CE22500	Buy	238	365	450	Only 1st tgt Achieved
21/07/20	CE22800	Buy	225	325	475	Only 1st tgt Achieved
22/07/20	CE23000	Buy	128	190	250	Only 1st tgt Achieved
23/07/20	CE22900	Buy	100	175	250	Trade closed at 210 due to expiry
24/07/20	CE22900	Buy	240	300	350	Trade hit stop loss as mkt was very volatile.
27/07/20	PE22100	Buy	250	340	395	Both tgt Achieved
28/07/20	CE22000	Buy	178	300	425	Both tgt Achieved
29/07/20	CE22300	Buy	180	280	375	Only 1st tgt Achieved
30/07/20	CE22300	Buy	60	82	102	Since premium was low due to expiry, so advised to buy minimum 10 calls & exit trade at tgt 1 only being expiry day.
31/07/20	CE22000	Buy	260	325	400	Trade closed at 340 as mkt was turning volatile early in the morning.

During the month we gained approx 3013 points which work to approx 131 points on a daily basis. You can read more about our best Bank Nifty Option Tips here.

We hit stop loss namely on 24 July 2020 and there were a considerable number of days when only tgt 1 was achieved and we closed the trades seeing the enhanced volatility in the market as we donot want to see profit being converted into the loss.

As a guideline, the Stoploss is generally 12.5% pts of the entry price which means that if the entry price say 200 then stop loss will be at 200-25=175 (12.5% of 200 is 25). We have not been able to write the stop loss as an independent column above as in the desktop version of the website we have a horizontal view and we have lesser space available and thus only column which matters have been written.