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Budget day is considered as a best day for big profits where VIX is also high and volatility on peak in last 5 Years of Budget days we have seen till 2021 market gave one side movement on budget day but their is unexpected thingh happens in 2022 budget day market have given 1000 points in upside then 800 points move in downside and closed in doji candle which is considered as a confusing candle.

Market is SUPREME and we can see anything on Budget day i prefer doing long straddles on budget day let me explain why

When VIX is high always i prefer to move in Long straddles even in INTRADAY not only on Budget but also in INTRADAY if vix is high i prefer long straddle because movement in one side will be high and vix will cool down later which will give me good profit in one side because in high VIX environment calculating direction becomes difficult.

Best strategy is to go with long straddle

Ajay Kumar

http://innovatorsandyou.in

Ajay Kumar is an entrepreneur who started his career early at age of 16. He started his own company at age of 21, made it a success. He has the ability as excellent stock market analyst with technical knowledge of the subject; Ajay can help you save a lot of money which you give the market after making your losses. He is the only one who has made INNOVATORS AND YOU as the best and the fastest growing institute for stock market in ASIA. Ajay Kumar is an MBA Professional with vocational experience in financial analysis. He is Expert in proceeding placements and imparting workshops. Active orator in share markets, micro/macro economics and stock analysis. A wordsmith in writing articles. Certificate holder in various modules of top financial institutes. Proficient in providing knowledge of financial modeling, financial derivatives, financial markets, ratio analysis, corporate valuation, mutual fund and much more.

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