Expiry day trade setup for 16th July



  1. Yesterday was a very dramatic day. Nifty gained 200 points and lost the entire 200 points after the Reliance AGM. Yesterday's man of the match was Reliance. It went to a high of 1978 and then hit a low of 1798. Google has picked up 7% in jio platform for 33000cr. 
  2. Another stock which was performing at the non-striker end was Infosys. It has shot up 6% yesterday and today it will shoot up another 6%. Infy ADR has gone up by 6%. Their results were stunning and have beaten all expectation. 
  3. The China GDP data has come and it is at 3.2% against the expectation of 2.2%. So the Chinese markets are in the mild green.
MY TRADES
  • The Infy earnings trade which I did did not work as expected. But I am still in the game. Lets see how infy will trade today and will take a call to add more legs to this strategy.
  • I executed these trades when Reliance started falling
    • Bought 2180ce
    • Sold 2000ce
  • In nifty I have executed the below strategy
    • 10500pe X 1
    • 10700ce X 1
    • 10600ce X 1
    • 10600pe X 1
INTERNATIONAL MARKETS
  1. The US markets are rallying with the hope of a vaccine for COVID.
  2. European markets are in the green.
  3. Today the Asian markets are slightly in the red. SGX shows a flat start.
CRUDE AND $
  1. Crude is at $43.71
  2. $ is at Rs 75.14
FII AND DII
  1. FII sold for 200cr and DII sold for 900cr.

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