GAIL STRATEGY GIVEN IN 30 FEB 2024 TO CHECK VISIT https://optioncallputtradingtips.blogspot.com/2024/01/gail-option-plain-vanilla-strategy-for.html
GAIL 185 CALL BUY GIVEN @ 4.7-4.8 BOOKED NEAR 6 PROFIT OF 5947
INVESTMENT OF 21502
RETURN OF 27449
GAIL STRATEGY GIVEN IN 30 FEB 2024 TO CHECK VISIT https://optioncallputtradingtips.blogspot.com/2024/01/gail-option-plain-vanilla-strategy-for.html
GAIL 185 CALL BUY GIVEN @ 4.7-4.8 BOOKED NEAR 6 PROFIT OF 5947
INVESTMENT OF 21502
RETURN OF 27449
CALL GIVEN IN 2 FEB 2024 POST TO CHECK VISIT https://optioncallputtradingtips.blogspot.com/2024/02/naukri-option-plain-vanilla-strategy.html
NAUKRI 5400 CALL BUY GIVEN @ 140 & BOOKED PROFIT NEAR 168 PROFIT OF 4200
INVESTMENT 21000
RETURN OF 25200
STRATEGY GIVEN IN TODAY'S POST TO
CHECK VISIT https://optioncallputtradingtips.blogspot.com/2024/02/cholafin-option-plain-vanilla-strategy.html
CHOLAFIN 1140 PUT BUY GIVEN @ 28-29 ACHIEVED TARGET 37-38
PROFIT OF 5625
BUY 1 LOT CHOLAFIN 1140 PUT @ 28-29 TARGET 37-38
BUY 1 LOT HINDALCO 600 CALL BUY @ 15-15.5 TARGET 19.5-20
STRATEGY GIVEN IN TODAY'S POST TO CHECK VISIT https://optioncallputtradingtips.blogspot.com/2024/01/nationalum-option-plain-vanilla.html
NATIONALUM 160 CALL BUY GIVEN @ 3.4-3.5 ACHIEVED TARGET 4.4-4.5
PROFIT OF 8250 IN TODAY'S STRATEGY
BUY 1 LOT NATIONALUM 160 CALL @ 3.4-3.5 TARGET 4.4-4.5
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.