Bank Nifty Options Tip Past Performance : Oct 2023

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. 

Please note that BankNifty Lot size has been reduced to 15 and weekly expiry shifted to Wednesday less the last expiry of the month which is the monthly expiry and was held on Thursday.

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Date	Strike	Action	Rec Rate	Tgt1	Tgt 2	Remarks
03/10/23	CE 44600	Buy	59	70	78	Both tgt Achieved.
04/10/23	CE 45200	Buy	47	60	80	SL Hit. A minimum of 5 Lots are traded every Thursday. The points shown here are for one lot.
05/10/23	CE 44500	Buy	150	185	224	Both tgt Achieved
06/10/23	CE 44600	Buy	136	160	200	Both tgt Achieved
09/10/23	CE 44200	Buy	88	100	115	Both tgt Achieved.
10/10/23	CE 44200	Buy	100	185	364	Both tgt Achieved.
11/10/23	CE 44700	Buy	66	78	90	Only 1st tgt Achieved. 5 Lots are traded every Thursday. The points shown here are for one lot.
12/10/23	CE 44900	Buy	172	188	210	Only 1st tgt Achieved
13/10/23	CE 44500	Buy	147	162	180	Only 1st tgt Achieved
16/10/23	CE 44400	Buy	106	142	198	Both tgt Achieved.
17/10/23	CE 44600	Buy	120	140	160	SL Hit
18/10/23	No Call given	-	-	-	-	Technical Upgrade of Systems
19/10/23	CE 44000	Buy	192	270	369	Both tgt Achieved
20/10/23	CE 44000	Buy	158	212	232	Both tgt Achieved.
23/10/23	CE 43000	Buy	143	180	212	Both tgt Achieved
25/10/23	CE 43500	Buy	100	120	133	Both tgt Achieved
26/10/23	CE 42500	Buy	74	119	250	Both tgt Achieved. 5 Lots are traded every Thursday. The points shown here are for one lot.
27/10/23	CE 42900	Buy	145	192	225	Both tgt Achieved
30/10/23	CE 42800	Buy	95	168	432	Both tgt Achieved
31/10/23	CE 43500	Buy	56	69	85	Only 1st tgt Achieved

During the month we gained approx 2312 points in a total 19 trading days which works out approx 2312/19=121 pts per day and it translates into the profit as 121*15=Rs 1815 per lot on a daily basis. If you increase your lot size, your profit will also get multiplied. You can trade in one lot in the Bank Nifty option for less than Rs 3000-4000 and you do not require even any kind of margin also on it.

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.