Safe players can get 14750-15000 @ 16.75- 2.3 to get cushioned from a smaller gap down

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Good Morning All

14750-15000 call spread is flat, 14500 CE is 310+

RBI stability report is indicating that there would be higher stress in retail and SME segment compared to corporate.RBI has given NPA would rise drastically till September 2021. Results in Q3 and q4 would better reflect better picture for Microfinance, therefore better to do own homework before investing in Microfinance led stocks. Also, have gathered from industry players that there is stress of 6-9 pc currently in Microfinance and how does it pan out, time will tell. IMO better to be careful at these levels

Market moving as we wanted now

exit long call @272 and the rest will be as it is

In any rally, exit from 14750 CE and create 14700 CE short

Hope people are in Profit, Trail accordingly, it's no more a lossing trade.

Buy it again @266

Trade Summary uptil now:
Sold 14800 CE at 11, covered at 9.7 (+7.8)
Bought 15200 CE at 1.5 covered at same (0)
Bought 14500 CE at 291 sold at 272 bought again at 266 (-13)(0)
Sold 14750 CE at 16.75 covered back at 4.8 (+71.7)
Bought 15000 CE at 2.5, still going on (-7.5)
Sold 14700 CE at 9.5, still going on (-3)


Gross realised profit = 66.5*75 = 4987.5
Unrealised profit = -10.5*75 = -787.5

Good morning All

Bank Nifty at Trendline support

Support Broken

Updated chart after support broken 280 points fall

Buy Nifty when it comes 14220 to 14230, SL 14295 in 5 mins candle closure

Good Morning All🙏