Today morning we gave trading tips to our 10 lots traders in options segments to trade in BHEL 260 CALL option in April month contract with an entry price at Rs 3.00 for a target of Rs 4.50 it took nearly more than 20 minutes to reach the target.The lot size of this scrip is 1000 so for a 10 lots trade this scrip gave a profit of Rs 15000/- in a negative downfall market. Then we just watch the market passively, some of our team members who were traded in Bank Nify and Nifty in the late hours we identifed that the Tatamotors may show a further decline so we gave another trading tips in Tatamotors 540 PUT in march month contract,this option was moving up suddenly due the scrip's fall in underline,our entry price is Rs 6.00 with an approximate target of Rs 15.00 it went up to Rs 15.50.Tatamotors has a lot size of 500 so it gave a profit of Rs 47500 for 10 lots.This gave a lesson to the traders that one scrip is moving up in the falling market and the other scrip is falling along with the market direction, so
there is no specific thumb rule for option trade,we shall go along with the market in some scrips and we can go against the market in some scrips but the only thumb rule is 'do not over trade' and 'do not take delivery of an intraday position' if you follow these two thumb rule you can always be a winner in option trading.Follow our main website click here to go to main website during live market session for stock updates and trading levels.all the best.
ConversionConversion EmoticonEmoticon