Sunday, 8 December 2013

An Update on Bank Nifty

In our previous post we recommended Bank Nifty Bull Spread Option Strategy. We asked to Long 11200 CE at Rs.425 and Write 11500 CE at Rs.280 . And as expected the Index kissed 11700 level which was our short term Target. The Strategy worked out and now 11200 CE closed at Rs.828 and 11500 CE closed at Rs.608 . The strategy as per the last closing price gives the handsome profit of
 
 
 
Rs.1875 per lot          (Rs.403- Rs.328 i.e. Rs.75*25 = Rs.1875) .
 
We also updated during market hours that the Strategy was giving profit of Rs.1500 per lot. Hope You enjoyed.
 
 
 
 
No Need to Listen to those jokers and searching blogs of multibaggers.
 
 
 
Just stay Tuned with us and keep minting .. Cheerssssss
 
 
 

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