Bank Nifty Options Tip Past Performance Guide : May 2023

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

Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
02/05/23	CE43600	Buy	103	120	140	Only 1st tgt Achieved
03/05/23	CE43400	Buy	90	108	118	Both tgt Achieved
04/05/23	CE43400	Buy	87	162	266	Both tgt Achieved. Being Thursday Minimum 5 Lots are Traded.
05/05/23	CE43600	Buy	184	210	238	Both tgt Achieved
08/05/23	CE43300	Buy	140	194	322	Both tgt Achieved
09/05/23	CE43600	Buy	138	151	163	Both tgt Achieved
10/05/23	CE43500	Buy	102	122	153	SL Hit
11/05/23	CE43600	Buy	65	99	128	Only 1st tgt Achieved. Being Thursday Minimum 5 Lots are Traded.
12/05/23	CE43800	Buy	157	193	270	Both tgt Achieved.
15/05/23	CE44100	Buy	115	155	230	Both tgt Achieved
16/05/23	CE44300	Buy	101	120	135	Both tgt Achieved
17/05/23	CE44200	Buy	70	82	95	Both tgt Achieved
18/05/23	CE44100	Buy	53	72	83	Both tgt Achieved. Being Thursday Minimum 5 Lots are Traded.
19/05/23	CE44000	Buy	131	199	263	Both tgt Achieved
22/05/23	CE44200	Buy	130	145	168	Both tgt Achieved
23/05/23	CE44200	Buy	104	121	132	Both tgt Achieved
24/05/23	CE43900	Buy	110	180	227	Both tgt Achieved
25/05/23	CE43800	Buy	65	75	84	Both tgt Achieved.Being Thursday Minimum 5 Lots are Traded.
26/05/23	CE44000	Buy	148	230	325	Both tgt Achieved
29/05/23	CE44500	Buy	149	173	209	Both tgt Achieved
30/05/23	CE44500	Buy	102	122	147	Both tgt Achieved
31/05/23	CE44400	Buy	65	71.5	80	Only Tgt 1 Achieved

During the month we gained approx 4584 points using 22 trading days available in the market and it works to approx 200 points on a daily basis. You can read more about our Bank Nifty Option Tip here. These 218 points per day translate into a profit of Rs 200*25= Rs 5000 per day against capital of Rs 10,000. 

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 the premium is low using the same capital. 

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 10-12.5% pts of the entry price.

We look forward to your getting benefitted from our Bank Nifty Option tips and achieve your goals, and financial dreams.

With the margins being decreased substantially, thus it makes sense to trade in Bank Nifty option as you can trade with a small capital of Rs 10000 and still can make a hefty profit on a daily basis.

The profit is to be seen in percentage and not in the points because if the premium is small then points may look smaller but in actuality the profit will be much higher in form of the percentage.