Here is a detailed step-by-step post on how to use the daily levels and various tools available on our site.
1. For starters, you can check the
following video on Basics of options, Option Selling Basics
2. Our
1% per week strategy is explained here, it is based on
20 years BN SPOT data. You can see the
performance of the strategy here
3. [Tool] You can use the range for a particular day – BankNifty Range using Standard Deviation –
Link here
4. [Tool]
Option Chain Analysis can be used to check the options position – entry, unwinding etc –
Link here
5. [Tool] If you see a
Directional trend for the day, you can write options single-side option tool –
Link here
6. [Tool] If you see a
Range-bound/ Neutral trend for the day, you can write options on both sides using
Straddle/Strangle tool – Link here
7. Daily Support and Resistance levels are posted below
8. Top-3 Levels on both CE and PE levels for both Nifty and BankNifty are posted on our
Telegram group
9. Social Connect – Be a part of our group –
Whatsapp/
Telegram
10. Still have any questions –
Check this QnA forum or post your queries here
11. Training on Trading – Be a part of our
daily trading discussion group
12. New features, upcoming tools –
quick preview. We have 1-min data for BN and N options for the past 3-4 years
24-November-2020
Today’s Analysis of BankNifty (BN) Option Chain
Week’s Range is: 27000 to 29500
Key Levels to watch for in BankNifty (BN) SPOT today: 28561, 28730, 28900, 29070, 29241, 29412, 29584
Top 3 OIs on PE side: 1 – 27000, 2 – 28000, 3 – 28500
Top 3 OIs on CE side: 1 – 29500, 2 – 30000, 3 – 30500
Option chain Table
Sample Table below
Explanation to this table here –
http://bit.ly/nbn_optionchain
Also, this table is LIVE here –
http://bit.ly/nbn_bnoptionchainlive
Strangle and Straddle Returns Table
Sample Table below
Explanation to this table here –
http://bit.ly/nbn_returnstable
Also, this table is LIVE here –
http://bit.ly/nbn_bnreturnstablelive
BankNifty BN expected movement with 0.5 SD to 3.5 SD (Reference – Previous day’s closing price)
Sample Table below
Explanation to this table here –
NBN Standard Deviation Table explained
For any queries, do post your questions here in our QnA forum here – http://bit.ly/nbn_tradingqna )
Join our Telegram group now.
Join our WhatsApp group now to get live updates about BankNifty BN Options trading and more!Please post your comments/ feedback in the section below. Thanks.
Our performance can be seen here.
We made a profit close to 81% (on a capital of 15 lakh rupees) in 11 months. We provide
training for options traders. Learn option trading and start earning a passive weekly/monthly income, make your own fortune!
