BUDGET 2022 DISCUSSION

Option premium of Nifty Banknifty are very high..

It is fall sharply even if mkt moved up or down.

Will pick option on budget day.

NIFTY:  MAJOR RESS AT 17400.

BANKNIFTY RESS AT 380000..

ALL TRADING AT RESISTANCE. CAUTION REQUIRED. 

WE WILL TRADE ON BUDGET DAY WHEN PREMIUM IS LESS. 

PERFORMANCE 28-01-2022

 LIC HOUSING 335 to 380. 📈.10% freeze.. HIGH 390+.

OPTION : LIC HOUSING 420 CE nr 7.80 HIT INTRA 9+ BKD GAINS.

DELIVERY UPDATE : CHENNAI PETROL @ 103 HIGH MADE 113+ Hit 10% return 🎯.

ADANI PORT RECO @  699 to 732 +.Future gain 30 pts (38000 +).

PERFORMANCE 27-01-2022

EXPIRY : BANKNIFTY 37000 CE  @ 320 BLASTED HIGH 1000 + 🚀 📈

HOLDING : DR LAL AND IBREAL.

PERFORMANCE 24-01-2022

Adani Port 720 CE @ 3.5 Tgt - 6 intra hit 5 booked.

BUDGET PICK:  IBREAL @ 145 TGT- 170 +

BUDGET SPL : DR LAL PATH @ 2815 TGT - 3300+