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Bankniftyoptions

Bank Nifty Levels & Strategy for 07/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty performed as expected & respected the major resistance & support levels. Market volatility is offering opportunities to bulls as well as bears almost on daily basis. Today, option writers also got rewarded. Option writers always have edge and theta decay goes in favor of option writers. Today, US markets are also trading flat. We should expect a trending move in next few days till then enjoy the volatility and trade in both the directions with strict SL and maximise profit using TSL. Please note that FIIs/Big players are continuously adding bearish positions in F&O segment so retail traders should trade carefully & continue to book profit at higher levels and hedge their positions/portfolio to avoid any surprises in coming days. Please find below scorecard and quick update about F&O positions, PCR & India VIX . BANK NIFTY SCORECARD DATED 04/NOV/2022 BANK NIFTY IS DOWN BY -40 POINTS Name Price Previous Day Change % Change Bank Nifty 41258 41298 -39.90 -0.10% India VIX 15.66 15.94 -0.29 -1.80% OPTION STATISTICS BASED ON 10/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 2694825, CE LTP: 272) Max OI (Puts) 41000 (Open Interest: 1774125, PE LTP: 195) PCR 0.85 (PCR is in bearish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta
4
Bank Nifty Levels & Strategy for 04/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty offered opportunities to bears as well as bulls. US Fed meeting impact was absorbed in few mins by bulls and they have pushed it to higher levels. Today, bullish move was quite good for retail traders. Big players were bearish and again brought Bank Nifty down. Indian markets are nicely coupled with US market. Next move should be based on US market. Hoping, RBI may not play the spoiling sport in coming days. RBI may sell USD or increase rate to keep rupee dollar equation checked. Indian market is performing well and weakness is imported from the overseas. Retail traders should continue to book profit near lifetime high & enjoy the daily volatility. Please find below scorecard and quick update about F&O positions, PCR & India VIX . BANK NIFTY SCORECARD DATED 03/NOV/2022 BANK NIFTY IS UP BY 152 POINTS Name Price Previous Day Change % Change Bank Nifty 41298 41147 151.70 0.37% India VIX 15.94 16.66 -0.72 -4.32% OPTION STATISTICS BASED ON 10/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 1606025, CE LTP: 359) Max OI (Puts) 40500 (Open Interest: 1192075, PE LTP: 132.55) PCR 0.99 (PCR is in sideways zone ) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta
NSE:BANKNIFTY Analysis/Prediction for tomorrow 04-11-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow For Flat/Gap-UP Opening 🟢 Buy CE above 41430 ✔️ Target Should be 41677, 41830 🔴 Avoid PE For Gap-Down Opening 🟢 Buy CE above 41300 ✔️ Target Should be 41430 🔴 Buy PE below 40840 ✔️ Target Should be 40500 Note: 🚨 Gap-UP & Gap-Down more than 200 points wait for price action. 🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback. ⚠️ Wait for the 5-minute candle to close for confirmation. ⚠️ Trade Like Either SL or Target. ⚠️ Important: Always maintain your Risk & Reward Ratio. Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
NSE:BANKNIFTY
by TheTechNifty
03/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning Everyone, As per data Banknifty today will open with a gap up now we have again two option for trade. *Now banknifty making lower high formation if banknifty taking resistance below 41200 then open target 41800 - 41600 *If Banknifty after a gap down opening break the lower higher formation and sustain above 41200 then need to to break last day high for a up trend. if banknifty not break last day high then may be banknifty today playing in a range *Major level 41200 level
NSE:BANKNIFTYShort
by mr_bull10
1
Bank Nifty Levels & Strategy for 03/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty closed in red due to heavy PL booking at higher level ahead of US Fed Reserve FOMC meeting (Nov1-2) outcome later tonight. Big players have taken bearish positions and retail traders took highly bullish positions. Tomorrow's move will be based on US Fed meeting outcome & RBI's meeting. Please find below scorecard and quick update about F&O positions, PCR & India VIX . BANK NIFTY SCORECARD DATED 02/NOV/2022 BANK NIFTY IS DOWN BY -143 POINTS Name Price Previous Day Change % Change Bank Nifty 41147 41290 -142.90 -0.35% India VIX 16.66 16.13 0.53 3.30% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 3907375, CE LTP: 101) Max OI (Puts) 41000 (Open Interest: 2066450, PE LTP: 177) PCR 0.68 (PCR is in bearish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Shall we look for sell on rise opportunities near major resistance levels?????? Please do share your thoughts.
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 02/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty closed flat & slightly in red. Profit booking at higher level is quite obvious. However, bulls continued to dominate. Today, max OI in call as well as put is at 41500 level. It looks like tomorrow, Bank Nifty is likely to remain sideways ahead of US FED hike & RBI's meeting/hike. US market indices are trading in red ahead of major event. Overall, market breadth is quite positive. Is tomorrow's trading session, going to offer good opportunity to option writers????? Please find below scorecard and quick update about F&O positions, PCR & India VIX . BANK NIFTY SCORECARD DATED 01/NOV/2022 BANK NIFTY IS DOWN BY -18 POINTS Name Price Previous Day Change % Change Bank Nifty 41290 41308 -18.35 -0.04% India VIX 16.13 15.80 0.33 2.07% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 4543275, CE LTP: 195.1) Max OI (Puts) 41500 (Open Interest: 2162625, PE LTP: 375) PCR 0.72 (PCR is in bearish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta
01/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning Everyone, Today also Banknifty will open with a gap up so may be today after a gap up banknifty showing reversal trend. Then we have two option . *After a gap up if banknifty break last three day high (41560) level and sustain above then focus on long side. * After gap up respect last resistance level (41560) and marking resistance then focus for reversal trend if break 41200 low then open target level 40800
NSE:BANKNIFTYShort
by mr_bull10
Bank Nifty Levels & Strategy for 28/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Today global cues were positive. Dollar index is coming down which is quite good for global markets. As expected once again bulls as well as bears got the opportunity with sufficient time to trade & book the profit. Specially retails traders enjoyed the profit due to up move. Big players are light and have started on a positive note for Nov series. FIIs are high bullish & added bullish positions in F&O contracts. Tomorrow, also we should continue to booking profit at higher levels and buy the strength in only monthly option (not in weekly options) therefore you get enough of opportunities to adjust your trades in coming weeks. Shall we continue do profit booking near lifetime high? Yes, we should. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts. BANK NIFTY SCORECARD DATED 27/OCT/2022 BANK NIFTY IS UP BY 177 POINTS Name Price Previous Day Change % Change Bank Nifty 41299 41123 176.55 0.43% India VIX 16.60 16.88 -0.28 -1.67% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 1019950, CE LTP: 400) Max OI (Puts) 40000 (Open Interest: 1047475, PE LTP: 90.85) PCR 0.96 (PCR is in sideways to mild bearish zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 25/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Today global cues & India's internal cues were balanced. Bank Nifty really performed well and closed 684 points up in nice green. Big players have also taken bullish positions. We have also seen decent profit booking at higher levels. Overall, it looks like, we are all set to enjoy a happy Diwali. Once again bulls as well bears were rewarded who waited patiently for the right trading setup. Today, I have also shared a sample Nifty short trade setup for retail traders reference. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please share your thoughts. There is no need for traders to work with fixed mindset. Keep the things simple and trade one day at at time. We have Diwali holiday on Monday & Wednesday so only two more trading days left before October month expiry. Today, US markets are trading in green. We need to digest tdoay & Monday's data for Tuesday's trades. RIGHT NOW, OVERALL BIAS IS POSITIVE. LET US KEEP AN EYE ON GLOBAL CUES & DECIDE ON NEXT ACTIONS ON TUESDAY MORNING. BANK NIFTY SCORECARD DATED 21/OCT/2022 BANK NIFTY IS UP BY 685 POINTS Name Price Previous Day Change % Change Bank Nifty 40784 40100 684.50 1.71% India VIX 17.28 17.23 0.05 0.28% OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA Max OI (Calls) 41000 (Open Interest: 2246725, CE LTP: 258) Max OI (Puts) 40000 (Open Interest: 2269975, PE LTP: 95.45) PCR 1.19 (PCR is in buying Zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta