We had given a Buy call in the index and had book 25% and had advice to book another 25% at 15790 the index is trading at 15813, book another 25% as said, and trail SL to previous Exit.

The peace of advice would be start selling PE option of below 15400, add only 25% of the profit and maintain a SL of 25% of profit, we are expecting more upside move in the index and instead of buying we can Sell PE as premium are attractive and the time value is there so opportunity of earning high will be good, Maintain Strict SL as selling PE is riskier than Buying.

GER 30

Nov 01 2021