27th March 2019 – Really tough times for option writers with strict Stop Loss as BankNifty moved very sharply within a span of 15-20 mins. Intra day range was close to 2% of the index. This volatility is expected to increase further as we go closer to the elections. Trade with caution, we may have …
26th March 2019 – What a day it was! We saw a sharp up move of close to 2% points in BN index, quite large a recovery. Today’s open will decide if the trend will sustain or not. Option chain – (28th March expiry) – Major short covering happened across CEs. 30000, 30200 and 30500 …
25th March 2019 – We witnessed a day full of weakness. There was a major sell off all sectors/stocks. Global factors (recession and uncertainty around Brexit) has caused investors to dump all holdings and exit the markets. Option chain – (28th March expiry) – Major addition of OI across the ATM and ITM options (29300 …
Join our Telegram group now to get live updates about Nifty and BankNifty BN Option Chain Analysis and more! Join our WhatsApp group now to get live updates about Nifty and BankNifty BN Option Chain Analysis and more! We have been updating the both Nifty and BankNifty Option Chain Analysis table on a daily-basis. …
[Tools] Nifty N and BankNifty BN Option Chain Analysis table – Explained Read More »
22th March 2019 – After a gup up in the first half of the session, Bank nifty index cracked down 400 points. Finally, CE writers would have been delighted. The index has shown weakness in the last 30 minutes during the day. 29950 (FIBO 2) was a strong resistance for BN on the expiry date. …
We have been updating the BankNifty Straddle and Strangle returns table on a daily-basis. Here’s a post on what it is and how it can be leveraged during the market hours. Here’s a sample image generated at the end of day, 12th March 2019 1 – Represents a column with the strikes for PEs (28400 …
[Tool] BankNifty BN Straddle and Strangle returns table – Explained Read More »
20th March 2019 – It was a very quiet expiry for BankNifty as the index moved within a 150 point range. Hence the option writers made the most out of this expiry. 29850 (FIBO 2) was a strong resistance for BN on the expiry date. What a rally it was! BN had moved almost 2000 …
Range – 11000 to 11500 Max Pain – 11400 PCR – 1.31 Strangle and Straddle Returns Table Join our WhatsApp group now to get live updates about BankNifty BN Option Chain Analysis and more!
19th March 2019 – The Bull run seemed to have slowed down as BN struggled to go past the Fibo level 1 at 29750. The technicals however shows momentum is still out there for more up move. Option chain – Very less OI addition across CEs and PEs. ITM CE writes have covered their shorts. …
18th March 2019 – Bull run continues in the market with both the indexes not showing any sign of weakness. BankNifty gapped up (140+ points), rose to a day’s high, and wasn’t able to sustain the momentum. 29412 acted as the day’s support. CE writers had to close their shorts and roll up positions. Option …
