NiftyBank Futures Key Trading Levels for 2nd Dec 2022NiftyBank Futures Key Trading Levels for 2nd Dec 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision
Bankniftyoptiontradingstrategy
NiftyBank Futures Key Trading Levels for 1st Dec 2022_ExpiryNiftyBank Futures Key Trading Levels for 1st Dec 2022_expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision
NiftyBank Futures Key Trading Levels for 31st Nov 2022NiftyBank Futures Key Trading Levels for 31st Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 30th Nov 2022NiftyBank Futures Key Trading Levels for 30th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 29th Nov 2022NiftyBank Futures Key Trading Levels for 29th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 28th Nov 2022NiftyBank Futures Key Trading Levels for 28th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Levels & Strategy for 25/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 continued to hit new lifetime high. Bank Nifty started action with gap-up, mild profit booking, breakout above open price, consolidation through out the day & finally break-out. Bulls have clearly dominated the show. Volatility is quite low. US Dollar Index has corrected significantly. Brent crude is trading around $85 which is quite good for India. All factors are positive. We have seen significantly rally from lower levels. Is it really a bear market rally?????
Options data Call (ATM -long & ITM-Short covering) & PE writing in indicating strength towards long side. Today option buyers who waited patiently for breakout or breakdown opportunity were rewarded. Retail traders need wait patiently for good quality setup & simply replicate profit making trades again & again. Retail traders should continue to trade with caution near new lifetime high, buy on dips with hedge & book limited profit at higher level or loss at lower level. Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 24/NOV/2022
BANK NIFTY IS UP BY 346 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43075 42729 346.30 0.81%
India VIX 13.48 14.04 -0.56 -4.02%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 43000 (Open Interest: 1430350, CE LTP: 339.9)
Max OI (Puts) 42500 (Open Interest: 1596950, PE LTP: 83)
PCR 1.42 (PCR is in overbought 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
NiftyBank Futures Key Trading Levels for 25th Nov 2022NiftyBank Futures Key Trading Levels for 25th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 24th Nov 2022 ExpiryNiftyBank Futures Key Trading Levels for 24th Nov 2022 Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Levels & Strategy for 24/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 once again hit the new lifetime high. Profit booking strategy at highest level of all time worked really well. Big players have long positions (mainly PE writing) as well as short positions (mainly CE writing). They are ready on both the sides. Gap-up is likely to be sold & vice-versa. It looks like once again we are heading for another range bound expiry.
Option bias is once again positive with new calls addition (ATM -long & ITM-Short covering) & PE writing. We should continue with profit booking at higher level as well as lower level. Option writers are really doing exceptionally well. Option buyers need to be very careful and wait patiently for breakout or breakdown opportunity. Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 23/NOV/2022
BANK NIFTY IS UP BY 272 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42729 42457 272.05 0.64%
India VIX 14.04 13.84 0.20 1.44%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 43000 (Open Interest: 3501750, CE LTP: 21)
Max OI (Puts) 42500 (Open Interest: 3720600, PE LTP: 46)
PCR 1.22 (PCR is in buying Zone)
Bank Nifty Calls:
ATM: Long Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NiftyBank Futures Key Trading Levels for 23rd Nov 2022NiftyBank Futures Key Trading Levels for 23rd Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Levels & Strategy for 22/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 trading still trading a within a range. However, Bank Nifty is continuously closing at higher level from past 10 days which really shows the wonderful strength. Profit booking at higher level is quite obvious. Bank Nifty is slowly getting ready for a trending view. Have a little more patience & simply join the range breakout/breakdown party.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 21/NOV/2022
BANK NIFTY IS DOWN BY -91 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42347 42437 -90.90 -0.21%
India VIX 14.80 14.39 0.41 2.83%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 42500 (Open Interest: 3447025, CE LTP: 157.7)
Max OI (Puts) 42000 (Open Interest: 2166050, PE LTP: 80.6)
PCR 0.97 (PCR is in sideways to mild bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup
NiftyBank Futures Key Trading Levels for 22nd Nov 2022NiftyBank Futures Key Trading Levels for 22nd Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Levels & Strategy for 21/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 trading range is quite clear & perfectly trading within a range (marked on chart). Range is always good for option writers. Please review the option data. All types (ATM, OTM, ITM & FAR OTM) calls as well as puts options are written by the big players & professional traders. Option buyers should stay away and get into trade only when bank nifty break out above or break down below the range with rise in volatility and market clearly pick-up the momentum.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 18/NOV/2022
BANK NIFTY IS DOWN BY -21 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42437 42458 -20.60 -0.05%
India VIX 14.39 14.88 -0.49 -3.28%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 42500 (Open Interest: 3814050, CE LTP: 274.3)
Max OI (Puts) 42500 (Open Interest: 2120450, PE LTP: 265)
PCR 0.87 (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
NiftyBank Futures Key Trading Levels for 21st Nov 2022NiftyBank Futures Key Trading Levels for 21st Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 18th Nov 2022NiftyBank Futures Key Trading Levels for 18th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Levels & Strategy for 17/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 is again hit new lifetime high. Bank Nifty was all set for gap-up however Poland missile attack issue gave opportunity to bulls to add new long positions at opening as well as in 2nd half. Profit booking is happening at higher level. Big players have turned neutral and keeping watch on Poland issue development which is capable of swinging market in either direction. Please note that index is getting managed at higher level and profit booking is going on in stocks. STAY LIGHT & KEEP POSITIONS HEDGED. GET INTO TRADE ONLY WHEN YOU GET GOOD SETUP WITH SMALL SL. TREND IS ALWAYS YOUR FRIEND.
OPTIONS WRITERS ARE REALLY MAKING GOOD MONEY WHO REALLY UNDERSTAND THE UNDERTONE OF THE MARKET. RETAIL TRADERS SHOULD TRY TO LEARN OPTION WRITING BY DOING VIRTUAL TRADES & KEEP ANALYZING THE PROFIT & LOSS FOR CLEAR & BETTER UNDERSTANDING.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 16/NOV/2022
BANK NIFTY IS UP BY 163 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42535 42373 162.60 0.38%
India VIX 15.10 14.64 0.47 3.18%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 42500 (Open Interest: 3075550, CE LTP: 140.3)
Max OI (Puts) 42000 (Open Interest: 3719600, PE LTP: 30)
PCR 1.47 (PCR is in overbought zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NiftyBank Futures Key Trading Levels for 17th Nov 2022NiftyBank Futures Key Trading Levels for 17th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Levels & Stratagy for 16/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 is again hit new lifetime high after consolidation from past few days. Bank Nifty closed at new lifetime high. Options data & PCR is indicating price action in long direction. Bulls have added new in ATM & OTM long calls & pushed the bears for short covering in ITM calls. Bank Nifty is looking strong. However, retail traders should continue to book profit near lifetime high and stay light.
Shall we continue with buy on dips with strict SL????? Yes, I think so. Please find below scorecard & options statistics.
BANK NIFTY SCORECARD DATED 15/NOV/2022
BANK NIFTY IS UP BY 296 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42373 42077 295.95 0.70%
India VIX 14.64 14.91 -0.27 -1.84%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 43000 (Open Interest: 2141575, CE LTP: 34.55)
Max OI (Puts) 42000 (Open Interest: 3370300, PE LTP: 63)
PCR 1.36 (PCR is in overbought 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
NiftyBank Futures Key Trading Levels for 16th Nov 2022NiftyBank Futures Key Trading Levels for 16th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 15th Nov 2022 NiftyBank Futures Key Trading Levels for 15th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 15th Nov 2022NiftyBank Futures Key Trading Levels for 15th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Levels & Strategy for 15/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 is sideways after hitting new lifetime high. FIIs/Big players have again turned the bearish and retail traders turned super bullish. Profit booking at higher level is going on. Retail traders should trade carefully near lifetime high amid several global issues. Retail traders should hedge their overnight positions without fail to protect their capital.
Please find below scorecard & options statistics. Options data & PCR is indicating sideways action. Big players have written calls as well as puts at every level (ATM, ITM, OTM). Option buyers should get into action only when market pick-up the momentum (breakout or breakdown) else theta decay in options will continue to hurt option buyers.
BANK NIFTY SCORECARD DATED 14/NOV/2022
BANK NIFTY IS DOWN BY -60 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42077 42137 -60.30 -0.14%
India VIX 14.91 14.41 0.51 3.51%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 44000 (Open Interest: 2615650, CE LTP: 5.05)
Max OI (Puts) 42000 (Open Interest: 3134725, PE LTP: 200.05)
PCR 1.01 (PCR is in sideways 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