Bank Nifty Options Tip Past Performance : Feb 2023

Indian-Share-Tips.Com Bank Nifty Option Tips Result for the Month of February 2023

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
01/02/23	CE41600	Buy	175	328	593	Both tgt Achieved.
02/02/23	CE40200	Buy	128	191	415	Both tgt Achieved.Minimum 5 Lots are traded on Thursday as premium is low.
03/02/23	CE41600	Buy	220	250	280	1st  tgt Achieved.
06/02/23	CE41900	Buy	190	222	243	Both tgt Achieved
07/02/23	CE41900	Buy	151	174	232	1st tgt Achieved
08/02/23	CE41900	Buy	128	145	161	Both tgt Achieved
09/02/23	CE41500	Buy	71	90	100	Both tgt Achieved. Minimum 5 Lots are traded on Thursday as premium is low.
10/02/23	CE41800	Buy	194	240	268	Both tgt Achieved.
13/02/23	CE41800	Buy	196	220	250	SL Hit
14/02/23	CE41700	Buy	116	169	245	Both tgt Achieved
15/02/23	CE41700	Buy	106	154	180	Both tgt Achieved
16/02/23	CE42000	Buy	95	115	130	Only 1st tgt Achieved.  Minimum 5 Lots are traded on Thursday as premium is low.
17/02/23	CE42000	Buy	95	115	130	Only 1st tgt Achieved.
20/02/23	CE41700	Buy	101	125	150	Only 1st tgt Achieved
21/02/23	PE40400	Buy	144	165	190	Both tgt Achieved
22/02/23	PE40200	Buy	95	188	346	Both tgt Achieved
23/02/23	CE39900	Buy	88	210	305	Both tgt Achieved. Minimum 5 Lots are traded on Thursday as premium is low.
24/02/23	CE40800	Buy	122	146	164	Both tgt Achieved
27/02/23	PE39600	Buy	188	214	272	1st tgt Achieved
28/02/23	CE40500	Buy	184	208	271	1st tgt Achieved

During the month we gained approx 4022 points using 20 trading days available in the market and it works to approx 201 points on a daily basis. You can read more about our Best Bank Nifty Option Tip here. These 201 points per day translate into a profit of Rs 201*25= Rs 5025 per day against the capital of Rs 10,000 being employed by the trader. 

Remember we trade on a minimum of 5 lots on Thursday which is the weekly expiry as the premium is low on that day. We trade with constant capital and not on constant lots. So, you trade lesser lots on Friday with the same capital as the premium of the strike price is high and the maximum number of lots on Thursday as premium is low using the same capital. 

Trade with a minimum of 5 lots on Thursday is indicative of approx Rs 10000 capital for Bank Nifty option trading. So, if you trade a higher number of lots, your profit increases accordingly. You can trade in one lot in the bank Nifty option in less than Rs 10000 and you do not require even any kind of margin also on it.

As a guideline, the Stoploss is generally between 10-12.5% pts of the entry price which means that if the entry price says 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 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 be a role model for your children that how you achieved financial freedom in your life.

Bank Nifty option tips is giving an opportunity to a retail trader to make use of the volatility and can get daily good profit with least capital of Rs 10000 and one even need not worry for margin as every day one is generally able to buy a lot of Bank Nifty in less than Rs 10,000.