Good Morning Team, As Budget is around the corner, many eyes will be on it... But since it's gonna be a Interim Budget, don't expect any Big Bang announcements to be made tomorrow. Last time when Elections were held, the new Government presented its Budget on 5th July 2019 & Markets reacted 3% move on Following day.

But, what will be interesting to watch is how Expenditures will be done for the interim period & whether Government is gonna make any Populist measures will be keenly watched.

Coming to Today's BN Expiry, the way VIX & IVs are spiking, expect Range Bound moves, until the Premiums settle & better to be a Scalper, unless we get some Volume moves.

Keep a Close eye on Middle East Tension, which might play a role on Oil in the upcoming days & Fed Policy Announcements Later today, which is expected to be a Pause.

Join Me @ 8.30 AM for Live Commentary Today & Next week will meet you all in Person in Bangalore. Happy Trading 👍

Options Scalper is inviting you to a scheduled Zoom meeting.

Topic: Live Commentary Session 31/01/2024
Time: Jan 31, 2024 08:30 AM India

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Team, This Is Just Vote Of Account Budget, which will be for a Interim Period & no major changes will be announced. So, to me Budget will be a Non Event... So plan your day accordingly 👍

OH Strategy checklist

Ordinary Efforts = Ordinary Results

Extra Ordinary Efforts = Extra Ordinary Results

Exceptional Efforts = Exceptional Results

What You Sow Is What You Reap

Never Expect Exceptional Results By Putting Ordinary Efforts

Efforts doesn't mean , how many hours you put in to do all the data analysis , chart reading , pattern reading etc & how long you stay in front of the trading system

All it matters is how efficiently you pick up 1 or 2 indicators , strategies master it , build a strong trade set up & keeping a rational risk reward system

So till you are able to find the right trade setup which works in your favour for 3 to 6 months consistently , keep doing what all it takes

" For Things To Change

You Have To Change "

Jim Rohn