23rd April 2019 Crazy volatility in BankNifty index, the index dropped more than 2%. VIX hit 26 and ended up at 25, indicating highly volatile expiry ahead. Key levels to watch for – 29241, 29412, 29584, 29756, 29929, 30102 Range – 29500 to 30000 Max Pain – 29700 (D-1: 30000, D-2: 30200, D-3: 30400, D-4: …
22nd April 2019 VIX is at 24. Trade (sell options) with caution. You may hit SLs easily. Key levels to watch for – 29241, 29412, 29584, 29756, 29929, 30102 Range – 29500 to 30500 Max Pain – 30000 (D-1: 30200, D-2: 30400, D-3: 30000, D-4: 30000, D-5: 29900) PCR – 0.63 (1.3 bearish reversal, 0.5 …
18th April 2019 Key levels to watch for – 29756, 29929, 30102, 30276, 30450, 30625 Range – 30000 to 30500 Max Pain – 30200 (D-1: 30400, D-2: 30000, D-3: 30000, D-4: 29900, D-5: 30000) PCR – 0.86 (Explanation to this table here – http://bit.ly/nbn_optionchain). Also, this table is LIVE here – http://bit.ly/nbn_bnoptionchainlive ) Strangle and …
16th April 2019 Key levels to watch for – 29929, 30102, 30276, 30450, 30625, 30800 Range – 30000 to 30700 Max Pain – 30400 (D-1: 30000, D-2: 30000, D-3: 29900, D-4: 30000, D-5: 30000) PCR – 1.65 (Explanation to this table here – http://bit.ly/nbn_optionchain). Also, this table is LIVE here – http://bit.ly/nbn_bnoptionchainlive ) Strangle and …
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 …
