Banknifty – The Mechanical Trader

Buying the Corona Dip – 4

The Unprecedented Times For Part 3 click here. In, my last update (10/6/2020) Nifty had closed at 10116, and today CMP is at 10724 ( Around 6% gain). Although, my portfolio have gained only 4.5% with respect to Nifty but main reason for laggard performance is that I added more stocks of certain companies. Currently,Continue reading “Buying the Corona Dip – 4”

Banknifty Weekly Review (3)

UPDATE (30/6/2020) I have closed the position although I still have a good range to still be profitable but today PM is going to address the nation at 4pm so, taking off the excess risk is best way to manage risk. Closed with Profit of 14,000 For 2/7/2020 expiry For last expiry trade and adjustmentContinue reading “Banknifty Weekly Review (3)”

Nifty and Banknifty Weekly Review (2)

For last expiry trade and adjustment click here. Update 2 -24/6/2020 1:45 Pm – Banknifty down by 1.9% I have closed my position. Yesterday I had bought 22000 CE 1x to hedge the upside as Bank Nifty was very wild due to which profits came down Closed for +Rs. 10,000 Profit total. Update 1 –Continue reading “Nifty and Banknifty Weekly Review (2)”

Nifty and Banknifty Weekly Review

For 18th June,2020 Expiry UPDATE 3 18/6/2020 As per the previous analysis done we did witness a very sharp move today, during the expiry day. This is the most difficult part of trading, in the end, even if you are proven right ultimately you still have to go through a roller coaster ride and maintainContinue reading “Nifty and Banknifty Weekly Review”