15th March 2019 – BankNifty gapped up (80 points) and gradually rose up to new highs. The last 30 minutes showed good signs of weakness. The opening range of BN on Monday is very critical how the 20th March expiry week spans out. Throughout this week, the CE writers have been on the run to …
14th March 2019 – It was a quiet expiry for BN as it settled down around 28900 levels. It was range bound within 29070 and 28115 levels. Option chain – Since it is the beginning of the expiry, there was good OI addition across both Pes and CEs at various levels. 28900, 29000 and 29500 …
13th March 2019 – Another rally in Bank Nifty powered by HDFC bank and heavy buying across most of the banks. CE writers had to run for their money as BN surged to all-time highs today. Mass CE short covering across most of the ITM CEs (till 28900 CE). Option chain – 28900, 29000 and …
This link provides a near-live output to choose the right strike price for a naked one-leg (single leg) options writing. How to interpret these inputs/ output – (Refer to the black boxes with number) Timestamp when you hit calculate or when you load the page BankNifty spot value at the above mentioned timestamp Filters for …
12th March 2019 – BN started with a gap up of close to 150 points and continues to rally to hit a close all time high of 28450 levels. Heavy addition of OI across CEs (28700 to 29000) and PEs (28000 – 28500) Option chain – 28500, 28600 and 28900 act as the resistance on …
11th March 2019 – BN started with a gap up and continues to rally post the announcement of election dates. 28055 being a very strong resistance, BN seemed to hover just below the level, to settle down just below 28000 at day’s close. Heavy addition of OI across CEs (28200 to 28600) and Pes (27600 …
8th March 2019 – It was a day of consolidation with negative trend. BankNifty started off a little gap down and was almost within the Fibonacci support and resistance range 1. Heavy addition of OI across CEs and PEs Option chain – 28000, 28200 and 28300 act as the resistance on the CE side while …
BankNifty BN Option Chain Analysis – 8th March 2019 Read More »
