Fatty Brother (Index Heavy Weight) HDFC Bank is awake now and ready to help Banknifty
There are some good things happening to Banknifty.
There was huge delivery volume (75%) in HDFC bank.
It also broke last week high.
HDFC Bank is index heavy weight in Banknifty and it can dominate
the index with remaining 11 stocks
Open interest has been come down drastically for all mid cap
banking stocks.
Apparently short sellers covered their shorts. But still SBI
is in short side J.
Long positions have been maintained in HDFC Bank.
Axis bank is bottomed out and ICICI bank is traded at support
level.
Having said about all good factors, still FII is in sell side.
Good to sell ATM PE than going long.
If it turns bearish in coming down, convert as short straddle.
Volume has been picked just from yesterday.
CEAT started running up and ITC started walking.
Except INFY and SBI, remaining stocks are in bullish mood now.
IT, AUTO and Banking sector are looking good.
Nifty should break 8300 (Above 200 DMA) and go above MACD zero
line.
It should firmly be traded with volume to confirm this
bullishness.
Good volume in all financial institution and mid cap banking
stocks.
Sell more PE than going long in future. Selling ATM PE is safe
than going long.
Yesterday expiry was great day and there was violent movement
around 3 pm.
Banknifty gave the opportunity to make good profit 20K (15L)
just in 1 hour.
It is feasible only in Banknifty.
Sold out 19000 CE more. Planning to sell 18000 PE today (3
lots).
Still now I do not have any plan to trade in future.
Will start trading PMS account (10L) today.
|
Product
|
Instrument
|
Qty.
|
Avg. price
|
LTP
|
P&L
|
Chg.
|
|
|
NRML
|
BANKNIFTY17JAN16500PE NFO
|
-200
|
49.24
|
31.70
|
+3508.00
|
-35.62%
|
|
|
NRML
|
BANKNIFTY17JAN18800CE NFO
|
-80
|
47.00
|
77.00
|
-2400.00
|
+63.83%
|
|
|
NRML
|
BANKNIFTY17JAN19000CE NFO
|
-80
|
48.00
|
49.45
|
-116.00
|
+3.02%
|
|
|
NRML
|
USDINR17JAN69.5CE CDS
|
-5
|
0.0600
|
0.0675
|
-37.50
|
+12.50%
|
|
|
NRML
|
CRUDEOILM17JANFUT MCX
|
+1
|
3,684.00
|
3,673.00
|
-110.00
|
-0.30%
|
|
|
MIS
|
BANKNIFTY16DEC17800PE NFO
|
0
|
0.00
|
0.05
|
+4130.00
|
NA
|
|
|
MIS
|
BANKNIFTY16DEC17900CE NFO
|
0
|
0.00
|
133.60
|
-1114.00
|
NA
|
|
|
MIS
|
BANKNIFTY16DEC17900PE NFO
|
0
|
0.00
|
0.05
|
+8176.00
|
NA
|
|
|
MIS
|
BANKNIFTY16DEC18000CE NFO
|
0
|
0.00
|
18.10
|
-712.00
|
NA
|
|
|
MIS
|
BANKNIFTY16DEC18000PE NFO
|
0
|
0.00
|
0.05
|
+6018.00
|
NA
|
|
|
NRML
|
BANKNIFTY16DEC18100CE NFO
|
0
|
0.00
|
0.05
|
+402.00
|
NA
|
|
|
NRML
|
BANKNIFTY16DEC18300CE NFO
|
0
|
0.00
|
0.05
|
+1530.00
|
NA
|
|
|
NRML
|
BANKNIFTY16DEC18400CE NFO
|
0
|
0.00
|
0.05
|
+730.00
|
NA
|
|
|
MIS
|
NIFTY16DEC8000PE NFO
|
0
|
0.00
|
0.05
|
+750.00
|
NA
|
|
|
MIS
|
NIFTY16DEC8100CE NFO
|
0
|
0.00
|
3.70
|
-266.25
|
NA
|
|
|
MIS
|
NIFTY16DEC8100PE NFO
|
0
|
0.00
|
0.05
|
+1125.00
|
NA
|
|
|
TOTAL
|
21,613.25
|
||||||
Jegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is one of the prime Option Writing Trainer and tutored close to 1000 members till now.
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