OK guys .... Hope you made some good money today. BankNifty did move above 26750 at least once.
But then again, overall, it was a tough market to deal with. The zig zag moves and volatility is just baffling. Not to forget abnormally high weekly option premiums. I took only one trade today and that too a 'Stock Option'. BAJFINANCE was perhaps the safest trade for today's volatile market (without any hassle). It had to rise intraday (no matter what) after yesterday's quarter results. But then again, since we are near to expiry, hence, stock options kept on melting throughout the day. Too bad I did not book at right time. Otherwise, things could have been much better. Hence, I will have to be content with whatever small amount I am getting from market.
Don't worry folks. We will meet tomorrow. Will try to catch something big. Thanks .... Best wishes.
Disclaimer: This forum is meant for educational purpose ONLY.
But then again, overall, it was a tough market to deal with. The zig zag moves and volatility is just baffling. Not to forget abnormally high weekly option premiums. I took only one trade today and that too a 'Stock Option'. BAJFINANCE was perhaps the safest trade for today's volatile market (without any hassle). It had to rise intraday (no matter what) after yesterday's quarter results. But then again, since we are near to expiry, hence, stock options kept on melting throughout the day. Too bad I did not book at right time. Otherwise, things could have been much better. Hence, I will have to be content with whatever small amount I am getting from market.
Don't worry folks. We will meet tomorrow. Will try to catch something big. Thanks .... Best wishes.
Disclaimer: This forum is meant for educational purpose ONLY.