While this looks incredibly thrilling on the surface, many traders forget that such moves are largely expected under current conditions.
High volatility, Nifty’s straddle sitting at 400, and other macroeconomic factors were not pricing in a ~400‑point move.
In other words, the market was essentially signaling this kind of swing in advance.
Budget day trading can be a double‑edged sword. Strategies like a long strangle or calls/puts can deliver spectacular returns, but timing your exit is critical.
Position sizing, risk management, and discipline matter even more than picking the right strike.
For example, if you have a capital of ₹10 lakh, trades like these should ideally be limited to 1–2% of your portfolio, aligned with your risk appetite.
This ensures that even if the market moves against you, your overall portfolio remains protected.
Budget day is exciting, but the right preparation and cautious allocation are what separate consistent traders from the gamblers.
Happy Trading!!
