Thread by @SubhadipNandy16

#EVENT_TRADE initiated. Focus is low risk and ability to carry trade overnight.
Bought 23700 PE at 47 and sold 23400 PE at 27, equal quantity.
Net/Max risk = Rs.20 , Max Gain possible = Rs.280 if by Thursday BNF expires below 23400.
Ideally will start booking profits if I get 1:3

If you follow this trade, follow this as it is.

Understand this : you are not going to lose rs.20 immediately whatever happens, that will take till Thursday. The aim of this position is that if RBI increases interest rates by 50 basis points or above and the BNf crashes, then to get money. Else we can lose hardly Rs.10 or less

Carry this spread home over the weekend, I am doing so :)

See this. Learn. This is how you make money coolly with minimal risk.

Let BNF dance, we are not going to dance with it :)

Spread at 60, booked profits on 50% of positions. Rest positions now isn #noloss. Will carry overnight #tradethe plan

Sabko paisa mila ? Sabka bikas hua ? 🤣

This trade practically had a risk of Rs.10 . So at closing when we were getting 60 on the spread, it meant Rs.50 profit, a 1:5 risk reward trade. Hence booked profits. Stop for remaining position at buying price of Rs.20 on the spread