BankNifty BN Option Chain Analysis, Strangle Straddle Returns, Expected Movement – 30th January 2020

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28th January 2020

Key Levels for BankNifty SPOT to watch for – 29832, 30178, 30527, 30877, 31229, 31584, 31940 – these levels act as strong support/ resistance

Range – 30500 to 31500 – from the BankNifty Open Interest charts

Top 3 OI levels on the PE side – 30500 , 31000 , 30000

Top 3 OI levels on the CE side – 31500 , 31000 , 31200

Max Pain – 31000

Put-Call Ratio (PCR) – 0.79 (1.3 bearish reversal, 0.5 bullish reversal)

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

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)

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 )

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