NIFTY BANKNIFTY OUTLOOK FOR BUDGET BUDGET DAY 1 FEB 2022

Market made a solid head begin today and balance a few of the bearishness created by the Government Reserve's hawkish commentary. Nifty opened on a firm note in line with its Asian Peers. In any case benefit booking risen at higher levels, wiping out more than 270 focuses from day’s highs level. It closed level with minor misfortune of 8 points focuses at 17102 levels. Activity was seen in Broader showcase which beated with picks up of ~1%. Among the divisions, IT & Parma were beat gainers up more than 1% each, taken after by media, metals, realty, FMCG, oil & gas whereas managing an account, auto and money related administrations were slow pokes. Global markets were blended and recaptured a few of the misfortunes of past few days on back of noteworthy corporate profit and positive information from European locale. In any case, speculators still stay cautious over the later hawkish arrangement by Government Save as well as Russia’s eagerly for Ukraine. Oil costs are on the course for its 6th week by week picks up, driven by concerns of oversupply levels ahead of the up and coming assembly of OPEC + nations. Equity markets have been seeing increment instability over the final few days. Whereas the US Encouraged result is presently behind, a few other components counting progressing result season, Union Budget on February 1 and Russia-Ukraine clashes would keep the showcase instability tall in coming week as well. Desires are running tall from the government to show a dynamic budget which can resuscitate financial development. Be that as it may, given the different state race, chance of a populist budget cannot be ruled out totally. Capital Products, Infra, lodging, Genuine Domain, PSU Banks, etc are a few of the divisions that would stay in center ahead of the Budget. Nifty closed negative for the week and is exchanging around its 100 day EMA on the day by day chart. The recuperation within the final exchanging session demonstrates that the file appears to have found a path at the already built up request zone of 16800. The BankNifty list is additionally bouncing from the short-term midpoints on the day by day chart. These pieces of prove are indicating at the continuation of the major uptrend. We propose dealers keep up a bullish predisposition as long as the Nifty does not drop underneath 16800. In any case, a break underneath the same can trigger a drop up to 16500 levels. The quick resistance for the list is presently set at 17500.

HINDALCO OPTION STRATEGY FOR BUDGET FEB 2022

BUY 1 LOT HINDALCO 520 CALL @ 12.5 AND 480 PUT @ 9 

PAY OFF TABLE :-

OPTION CALL PUT TIPS ROCKS 20515 NET PROFIT

CALLS GIVEN IN TODAY'S POST TO CHECK VISIT http://optioncallputtradingtips.blogspot.com/2022/01/option-call-put-tips-for-pre-budget-28.html

M&M 900 CALL ROCKS ACHIEVED TARGET 36 BUY GIVEN @ 26 PROFIT OF 7000

NIFTY 17800 3 FEB CALL ACHIEVED TARGET 89 BUY GIVEN @ 70  PROFIT OF 1900

TCS 3800 CALL ACHIEVED TARGET 80 BUY GIVEN @ 70 PROFIT OF 1500

HINDALCO 520 CALL ACHIEVED TARGET 12.8 BUY GIVEN @ 11 PROFIT OF 1935

BANKNIFTY 37000 3 FEB PUT ACHIEVED TARGET 320 BUY GIVEN @ 250 PROFIT OF 3500

ABFRL 320 CALL ACHIEVED TARGET 9  BUY GIVEN @ 7.2 PROFIT OF 4680

NET PROFIT 20515

DO NOT MISS THE PRE BUDGET SESSION TRADING TIPS FOR LIVE CALLS WHATSAPP ON 9039542248

OPTION CALL PUT TIPS FOR PRE BUDGET 28 JAN 2022

 BUY 1 LOT M&M 900 CALL @ 26-27 TARGET 35-36

BUY 1 LOT NIFTY 17800 3 FEB CALL @ 70 TARGET 89-90

BUY 1 LOT TCS 3800 CALL @ 70 TARGET 80

BUY 1 LOT HINDALCO 520 CALL @ 11 TARGET 12.5-13

BUY 2  LOTS BANKNIFTY 37000 3 FEB PUT @ 250 TARGET 320

BUY 1 LOT ABFRL 320 CALL @ 7.2-7.3 TARGET 8.9-9

OPTION PUT TIPS FEB SERIES CALLS ROCKS 22870 PROFIT

OPTION CALLS GIVEN IN TODAY'S POST TO CHECK VISIT http://optioncallputtradingtips.blogspot.com/2022/01/blog-post_27.html

KOTAKBANK 1700 FEB PUT ACHIEVED TARGET 25 BUY GIVEN @ 18 PROFIT OF 2800

 AXISBANK 800 FEB CALL ROCKS ACHIEVED TARGET 16 BUY GIVEN @ 13 PROFIT 4200

BANKNIFTY 37500 CALL ROCKS ACHIEVED TARGET 140 BUY GIVEN @ 80 PROFIT 3000

BANKBARODA 115 FEB CALL ON FIREEE ACHIEVED TARGET 2.8 BUY GIVEN @ 1.7 PROFIT 12870

NET PROFIT 22870

OPTION CALL PUT TIPS FOR EXPIRY DAY 27 JAN 2022

 BUY 1 LOT KOTAKBANK 1700 FEB PUT @ 18 TARGET 25

BUY 1 LOT AXISBANK 800 FEB CALL @ 13 TARGET 16

BUY 2 LOTS BANKNIFTY 37500 CALL @ 80 TARGET 140 

BUY 1 LOT BANKBARODA 115 FEB CALL @ 1.7-1.8 TARGET 2.7-2.8

FOR LIVE TRADING TIPS JOIN US ON WHATSAPP 9039542248

UNION BUDGET 2022 AHEAD: F&O TRADING & RISK MANAGEMENT STRATEGIES

The Union Budget of India 1 Feb 2022, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialized before the beginning of new financial year in April.

Indian Stock markets have witnessed high volatility during most Union Budget announcements in the last 10 years.

With High volatility, comes risks and opportunities. In this article we will discuss popular F&O Strategies traders adopt and how can one manage risks better while maximizing returns.

Let’s start with History

The average Intra-day movements in the last 10 budgets have been around 2.9% in Nifty and around 4.3% points in Bank Nifty. In the last Budget, market rallied more than 4% in a single day for Nifty while Bank Nifty rallied over 7%. Below graph shows the year wise movements in points for both Nifty and Bank Nifty for last 10 years.

How have Option Prices moved over the last few budgets?

The table below shows the Option Prices in the last 3 budgets considering the budget day as the “At the Money’ strikes. Pre-Budget IVs gain due to uncertainty of the event and as soon as the budget is over the IVs shrinks specially on the side against which market is moving.

ONGC,BANKNIFTY,ICICIBANK CALLPUT ROCKSS

OPTION TIPS GIVEN IN TODAY'S POST TO CHECK VISIT http://optioncallputtradingtips.blogspot.com/2022/01/blog-post_25.html

ONGC 165 CALL ROCKS ACHIEVED TARGET 1.5 BUY GIVEN @ 1 PROFIT OF 3850

BANKNIFTY 37200 27 JAN CALL ROCKS ACHIEVED BOTH THE TARGET 250/350 BUY GIVEN @ 190 PROFIT OF 4000

ICICIBANK 810 CALL ACHIEVED TARGET 8.5 BUY GIVEN @ 6 PROFIT OF 3437.50

NET PROFIT OF 11287

OPTION CALL PUT TIPS FOR 25 JAN 2022

BUY 1 LOT ONGC 165 CALL @ 1 TARGET 1.4-1.5

BUY 2 LOTS BANKNIFTY 37200 27 JAN CALL @ 190 TARGET 250/350

BUY 1 LOT ICICIBANK 810 CALL @ 6 TARGET 8.5

WHY TO BE CAUTIOUS WHILE TRADING IN BUDGET 1 FEB 2022

For getting trading tips pre-budget & budget session whatsapp us on 9039542248

Investors should trade with caution till the Union Budget 2022-23 is presented on February 1, 2022. The word of caution comes after the strong market rally finally came to an end last Friday when both benchmark indices falling sharply since last week. Nifty index is trading below 17100 mark, While the sensex is near 58000 mark. Market is currently witnessing higher levels of nervousness due to the upcoming budget. Not just the Union Budget 2022 but markets are also expected to remain volatile due to monthly derivative expiry as well i.e. on 27 January 2022. The volatility has spiked further due to the ongoing earnings seasons. While there are many external factors that will also weigh the market in coming session, the nervousness ahead of the budget could lead to some sudden selloffs, leading to further correction. In such a scenario, traders and investors should remain cautious over the next few days, especially on the day when Union Budget 2022-2023 is presented. Markets are riding on optimism at the moment and much of it is due to the high expectations from the upcoming budget. Generally, the market does not give any major trend reversal ahead of the mega event; but this time, it looks like we are going to witness yet another unprecedented behavior of the market. Next couple of days would be quite crucial and would be interesting to see whether markets correct further or it shows some resilience to protect it is crucial supports 17000. Going by the developments witnessed in the last five trading sessions, a number of analysts indicate that the market may correct further in the near-term. Technically, Nifty has started to form lower top, lower bottom and is witnessing profit booking declines from five sessions. It also formed a Bearish candle on the daily scale. Now, till it remains below 17100, weakness could be seen towards 17000-16500 levels while on the upside key hurdle exists at 17700-18200levels. We expect a short-term but sharp correction in the market if these expectations are not fulfilled.

For Option Callput Derivative traders :-

If you are an option trader then you have to be more cautious while trading in budget 2022. As we all knows its pre-budget days so already options premiums are higher for February 2022 settlement. In the budget session some major movement comes only if budget gives big surprise or huge disappointment bigger are chances of your losing money Market is smarter than most of us and it factors in obvious things. If you are taking some call option or put option check the risk in those particular positions. Check the risk factor i.e. how much risk you are willing to take, but that’s not enough you need to see the VIX and how much potential the script have. People do that depending upon how much risk you are willing to take If you take deep ITM call the capital blocked and risk can be too high for you to handle. If you buy Far OTM call then also you may lose all capital. For buying any option call or put and strike rate you need to have an opinion on the stock which should be based on Technical Research. Also time value is very important factor in option buying. As time lapses in series you can move more towards ITM from OTM.