15th April 2019 Key levels to watch for – 29929, 30102, 30276, 30450, 30625, 30800 Range – 29800 to 30700 Max Pain – 30000 (D-1: 30000, D-2: 29900, D-3: 30000, D-4: 30000, D-5: 30000) PCR – 1.07 (Explanation to this table here – http://bit.ly/nbn_optionchain). Also, this table is LIVE here – http://bit.ly/nbn_bnoptionchainlive ) Strangle and …
12th April 2019 – Range bound day for BankNifty throughout the day. In the latter half of the day, BN showed some strength because of the strong results of underlying Nifty stocks, but it failed to sustain the momentum. Option chain – (18th April expiry) – Heavy CE writing at 30200 levels indicating a short …
11th April 2019 – Another range bound day for BankNifty, the index moved within a range of 200 points. Clear indication that the participants are indecisive of the outcome of the elections. VIX hit 21 and is expected to go up further. Option chain – (18th April expiry) – Since it is the beginning of …
10th April 2019 – Another range bound day for BankNifty, though the second half showed weakness. No major change in terms of OI across all levels. Good for option sellers. Volatility hit 21 (up by close to 4%) and this is expected to go up further. Option chain – (11th April expiry) – Heavy OI …
9th April 2019 – It was a range bound day for BankNifty, as the index moved between the pivot and the lower fibo 1 levels. In the second half, BN showed some strength and close at day highs. It would be interesting to see how it opens tomorrow. Option chain – (11th April expiry) – …
8th April 2019 – BankNifty remained range bound until the second half, post which it cracked 300 points in a span of 30 minutes. Option sellers beware, VIX hit close to 20 and is expected to go higher as we approach the elections. Option chain – (11th April expiry) – More OI added at 30500 …
5th April 2019 – It was a range-bound and volatile day as BankNifty moved within the 1st upper and lower Fibo levels. Good day for delta-neutral option sellers. BN showed some strength in the final minutes of the week. Option chain – (11th April expiry) – More OI added at 30500 CE and 29800 PE …
4th April 2019 – Nice volatile day as BankNifty moved close to 1.5% (450+ points). Tough day for ATM option sellers with strict SL. Though the news was positive on rate cut, markets may have had factored it already. BN crashed close to 350+ in the span of 30 mins. Option chain – (11th April …
3rd April 2019 – BankNifty could not sustain the momentum carried forward from the previous days closing minutes. It was range bound till 2 PM. Post this, it showed a clear sign of weakness. Clearly PE writers at 30100 levels incurred loss, as they closed their shorts. RBI policy outcome is a key event for …
2nd April 2019 – No clear movement in BankNifty as the index moved within a range of 250 odd points. There was a minor 150-point up move towards the end, slightly indicating the mood of the market. RBI event is another major influencer of the index volatility. Option chain – (4th April expiry) – No …
