Thursday, 25 January 2024

Previewing India's Interim Budget 1 Feb 2024: Market Trends, Expectations, and Strategies

 Finance Minister Nirmala Sitharaman is scheduled to present the Interim Budget for the financial year 2024-2025 (FY25) on February 1. Given that this upcoming Budget is a Vote on Account rather than a comprehensive Budget preceding the General Elections, major announcements are not anticipated on Budget Day. Experts suggest that this might not be a significant event for the markets, as a full-fledged Budget is expected after the government formation. However, the government's focus is likely to be on deficit reduction, promoting manufacturing, and investing in infrastructure. Traders are advised to consider the market trend leading up to the Budget and adjust their strategies accordingly. While intraday volatility is expected, it may be less pronounced than during a normal Budget. If the Budget emphasizes increased capital expenditure, railway and defense spending, there could be a mild rise in indices during the event. With the ongoing quarterly results season and the Budget approaching, market volatility remains elevated. Given that General Elections are scheduled for May 2024, this Budget will be interim in nature. While major announcements are not anticipated, the government may introduce popular measures such as increased funding for programs like MNREGA to boost rural earnings and stimulate the rural economy. The introduction of subsidies is also a possibility.Expectations are that the Budget will support sustainable economic development by investing in infrastructure and bolstering the manufacturing sector, aligning with the "Make in India" campaign. The Budget is also likely to further the government's commitment to transitioning towards a greener economy, focusing on renewable energy (such as solar and wind), biofuels (including biogas, ethanol, and green hydrogen), and electric transport.Historically, markets have experienced volatility leading up to the Budget, and the outcomes have influenced market movements. Therefore, traders are advised to exercise caution, book profits, and wait until after the Budget for long-term decisions. Implementing strict stop-loss measures is crucial to mitigate the impact of potential volatility on profits.

Wednesday, 24 January 2024

NET PROFIT OF 11126 IN TODAY'S CALLS πŸ₯³ πŸ₯³

OPTION CALL PUT TIPS GIVEN IN TODAY'S POST TO CHECK VISIT https://optioncallputtradingtips.blogspot.com/2024/01/option-call-put-tips-for.html

HINDCOPPER 270 CALL BUY GIVEN @ 1.8-2 ACHIEVED TARGET 3 PROFIT OF 5300

ASTRAL 1800 CALL BUY GIVEN @ 14 ACHIEVED TARGET 22 PROFIT OF 2936

NIFTY 21500 25 JAN CALL BUY GIVEN @ 28 ACHIEVED 1ST TARGET 42 PROFIT OF 700

BANKNIFTY 45500 25 JAN CALL BUY GIVEN @ 180 ACHIEVED BOTH THE TARGET 220/255 PROFIT OF 1725

BANKNIFTY 45800 25 JAN CALL BUY GIVEN@ 144 ACHIEVED TARGET 175/218 PROFIT OF 465

NET PROFIT OF 11126 IN TODAY'S CALLS 

OPTION CALL PUT TIPS FOR 24 JAN 2024

 BUY 1 LOT HINDCOPPER 270 CALL @ 1.8-2 TARGET 3

BUY 1 LOT ASTRAL 1800 CALL @ 14 TARGET 22

BUY 2 LOT NIFTY 21500 25 JAN CALL @ 28 TARGET 42/55

BUY 2 LOT BANKNIFTY 45500 25 JAN CALL @ 180 TARGET 220/255

BUY 2 LOT BANKNIFTY 45800 25 JAN CALL @ 144 TARGET 175/218


Tuesday, 23 January 2024

Friday, 19 January 2024

Thursday, 18 January 2024

RETURN OF 29700 IN DLF STRATEGY πŸ₯³

DLF STRATEGY GIVEN IN 10 JAN POST TO CHECK VISIT https://optioncallputtradingtips.blogspot.com/2024/01/dlf-option-plain-vanilla-strategy-for.html 

DLF 770 PUT BUY GIVEN @ 13.8-14 & BOOKED PROFIT NEAR 18 

PROFIT OF 6930

INVESTMENT 22770

RETURN OF 29700 πŸ₯³  πŸ₯³