BankNifty BN Option Chain Analysis, Strangle Straddle Returns, Expected Movement – 4th February 2020

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4th February 2020

Key Levels for BankNifty SPOT to watch for – 29018, 29360, 29704, 30050, 30397, 30747, 31099 – these levels act as strong support/ resistance

Range – 29000 to 30500 – from the BankNifty Open Interest charts

Top 3 OI levels on the PE side – 29000 , 29500 , 30000

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

Max Pain – 30100

Put-Call Ratio (PCR) – 0.86 (1.3 bearish reversal, 0.5 bullish reversal)

Explanation to this table here –

Also, this table is LIVE here –

Strangle and Straddle Returns Table

Explanation to this table here –

Also, this table is LIVE here –

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

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