1st April 2019 (Explanation to this table here – http://bit.ly/nbn_optionchain). Strangle and Straddle Returns Table (Explanation to this table here – http://bit.ly/nbn_returnstable ). For any queries, do post your questions here in our QnA forum here – http://bit.ly/nbn_tradingqna ) Join our WhatsApp group now to get live updates about BankNifty BN …
29th March 2019 – It was a very quiet last day of the week, month and financial year, without BankNifty closing just 6 points above the previous close. BN was within the pivot and the fibo level 1 (on a 15 minute candle). A near-zero movement across all the constituent banks. Really good day for …
28th March 2019 – Good expiry for option buyers. Banknifty reached all-time highs crossing all pivot levels and fibo levels (1,2,3). Really tough times for CEC option writers with strict Stop loss. As said earlier, this volatility is expected to increase further as we go closer to the elections. Trade with caution. Option chain – …
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 …
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. …
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. …
