In this blog post, we will take a look at the performance of various trades shared on the Market Friend Telegram channel. These transactions were conducted with a fixed investment of Rs. 25,000 each, irrespective of the index lot size, and extended over a period of one month. We will analyze each trade separately and evaluate the overall performance of the channel.
Trade 1 started on a bearish note with the purchase of 500 units of 44000PE at Rs. 50. Unfortunately, the trade did not perform as expected, resulting in a loss of Rs. 8000. It is essential to consider the market conditions and trend analysis while making such trades.
Trade 2 saw a more positive outcome with a bullish trade on 44200CE. The trade resulted in a profit of Rs. 27,000, indicating a successful bullish prediction. Thorough research and analysis might have played a crucial role in this profitable trade.
Trade 3 turned out to be a highly profitable trade with a significant gain of Rs. 98,750. The option 43800PE was bought at Rs. 40 and sold at Rs. 198. This trade suggests a well-timed bearish move that yielded impressive returns.
Trade 4 also resulted in a profit, although not as significant as the previous trade. With a gain of Rs. 19,615, the trade demonstrated a well-executed bearish strategy using the 43800PE option.
Trade 5 marked another profitable trade with a gain of Rs. 24,342. The 44000CE option was used in a bullish strategy, indicating the trader's ability to identify potential market moves.
Trade 6 unfortunately, resulted in a loss of Rs. 1833. Despite the careful selection of 43500PE, the bearish move did not pan out as expected. Not all trades can be profitable, and it's essential to manage risk accordingly.
Trade 7 marked a successful trade outside of BankNIFTY. The bullish strategy on FINNIFTY using the 19600CE option resulted in a substantial profit of Rs. 87,500.
Trade 8 ended the month on a high note with a profit of Rs. 50,000. The bullish move using the 44200CE option demonstrates the channel's ability to provide profitable trading ideas.
Overall, the Market Friend Telegram channel showcased a mix of successful and unsuccessful trades. With four profitable trades out of eight, the channel demonstrates a potential for profit generation. However, it is essential for traders to conduct their own research and analysis and manage risk effectively. Trading in the options market involves inherent risks, and past performance does not guarantee future results. It is recommended for traders to understand their risk tolerance and financial goals before engaging in any trades.
Note: The information provided in this blog is based on the data provided by the Market Friend Telegram channel for educational and analytical purposes only. Trading in financial markets carries risks, and readers are advised to consult with a financial advisor before making any investment decisions.
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