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Dec 14, 2017

Gujarat Election 2017 Exit Poll Result - Video With Latest Updates Here!

In this article, you can get Gujarat election 2017 exit poll result with live updates and its impact on the stock market. So you wish to take profitable trades on this special event then read the complete article and return back for latest updates.

Gujarat Election 2017 Live Streaming

Gujarat Election 2017 Exit Poll Result

Check:NSE Holiday List

18th December 2017 Gujarat And Himachal Pradesh Poll Update:

11:50 a.m Himachal Pradesh Election Update

Dec 18, 11:36 a.m Gujarat Election Update

Gujarat Election 2017 Exit Poll Result On Stock Market

Nifty 50 opened flat to bearish today but closed positive and if Gujarat Election result turns negative there is a possibility of Nifty testing 9700 levels.

Nifty Future (December 2017 contract) gained 70 points and closed at 10285.

Assembly Election 2017

From the below screenshot we can observe that change in open interest in Nifty is negative which does not confirm the strength of the present trend.

Best Option Strategy To Trade For Gujarat Election Result 2017

I would suggest trying long strangle option strategy:

CE 10350 (Nifty Call 10350)
PE 10250 (Nifty Put 10250)

Closing premium price of CE 10350 was at Rs.105.15 x 75 Lot Size = Rs.7875
Closing premium price of PE 10250 was at Rs.124.70 x 75 Lot Size = Rs.9352

Approximate total cost would be around Rs.17227 (plus tax and brokerage)

So you can make a profit only when Nifty crosses 10350 or 10250 but it should follow in the same direction for at least 100 plus points so that you can make a profit from this strategy.

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