Bank Nifty Options Tip Past Performance : Oct 2022

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

Do remember to check the calculation of points at the bottom of the results column. Remember that you see profit in percentage as we trade in out-of-the-money options where you require lesser capital to trade a lot. You can read more about our Bank Nifty Options Tip here. 

 

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
06/10/22	CE 39600	Buy	53	87	95	Both tgt Achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
07/10/22	CE 39600	Buy	200	224	240	Only 1st tgt Achieved.
10/10/22	CE 39000	Buy	209	387	583	Both tgt Achieved
11/10/22	CE 39400	Buy	155	189	225	Both tgt Achieved
12/10/22	CE 39200	Buy	112	175	226	Both tgt Achieved.
13/10/22	CE 39200	Buy	86	103	150	Only 1st tgt Achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
14/10/22	CE 39900	Buy	282	340	382	SL Hit
17/10/22	CE 39700	Buy	184	398	550	Both tgt Achieved
18/10/22	CE 40500	Buy	185	212	240	Only 1st tgt Achieved
19/10/22	CE 40700	Buy	127	150	168	Both tgt Achieved.
20/10/22	CE 40300	Buy	37	54	76	Both tgt Achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
24/10/22	CE 41600	Buy	133	166	198	Both tgt Achieved
25/10/22	CE 41500	Buy	116	137	168	Both tgt Achieved
27/10/22	CE 41500	Buy	85	130	162	Only 1st tgt Achieved. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
28/10/22	CE 41900	Buy	164	185	220	Only 1st tgt Achieved
31/10/22	CE 41800	Buy	155	172	198	Both tgt Achieved

During the month we gained approx 1882 points in a total 16 trading days which works out approx 1882/16=118 pts per day and it translates into the profit as 118*25=Rs 2950 against capital of Rs 10,000 on an average on a daily basis. You can trade in one lot in the Bank Nifty option for less than Rs 10000 and you do not require even any kind of margin also on it.

We had a lot of holidays in the month due to Dusherra and Diwali and other festivals and thus a lesser number of trading days and we hit stop loss on one trading day during the month. Besides that, we took an opportunity to upgrade and backtest our system, and thus we did not give the tip on one additional day to improve our accuracy and efficiency.

As a guideline, the Stoploss is generally 10-12.5% pts of the entry price which means that if the entry price says 200 then the 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 thus the only column that matters have been written.

We look forward to your experiencing our Bank Nifty tips and making your financial woes a thing of the past and being a role model for your children that how you achieved financial freedom in your life.

We really feel proud when we get feedback from clients who make a profit every day and you can see the same in our video testimonials.