Bankniftyshort
BankNifty 9th Nov setupHello Traders!
This was a whole vacations for us as the market was shut for almost a week and we were bored of not making profits.
So in opening banknifty opened near the resistance we took 40100 PE and made some handsome profits in it as we trailed it all the way down until the market showed some signs of recovery then we shifted to CE side but did not trail it too much as we were kind of bearish seeing the weakness in BankNifty.
BankNifty 9th nov :
Buy Above: 39500
Sell Below: 39000
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
BankNifty 8th November setupMuhurat trading day was kind of boring with no move at all but we made near 25 pts profit in PE side after it broker our support level but that was it for that day.
BankNifty 8th November :
Buy Above: 39685
Sell Below: 39560
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Nifty Bank Future Key Trading levels for 25th OCT 2021Nifty Bank Future Key Trading levels for 25th OCT 2021
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Bank Futures Key Trading levels for 18th Oct 2021Nifty Bank Futures Key Trading levels for 18th Oct 2021
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
BANKNIFTY Shorting strikes ❗❗🛑 Shorting strikes purely based on India vix volatility index
🛑 Caution before read this watchout mine previous post There's possible reversal trend may occur so Short CE only
🛑 India vix volatility index helps us to identify short strangle strike's
🛑India Vix closed at 17.33 which is rise by 5.70% , which tells us that Both CE and PE Premium is rising
🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out )
◽Indian Vix volatility index works best in range bound market and helps option sellers
🛑You can also short only side either CALL or PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL)
🛑 Short Call
◽ short 37900/ 38000 CE (we can see in option chain data available in nse , there is lot of short positions were holding at 38000 Call side strike)
◽Exit from short Call position when market breakout 38000 resistance zone ( SL )
◽ Target will be 37100 book your profit at this level
🛑 Short PUT
◽Short 37100 PE
(these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis for Wednesday )
◽ maintain Stoploss for this position 37300 / exit from this position If breakdown this support zone
◽Target will be 38050 / book your profit at this level / exit from short PUT position
◽we can clearly observe that market maybe trade between this range
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more
◽have nice day 😊
BANKNIFTY Shorting strikes using Vix ❗ 🛑 Shorting strikes purely based on India vix volatility index
🛑 Yesterday I given strikes and market closed in between those strikes , and made some good profits (you can checkout by visiting mine profile)
🛑 India vix volatility index helps us to identify short strangle strike's
🛑India Vix closed at 16.40 which is fall by 2.03% , which tells us that Both CE and PE strikes were declining
🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out )
◽ Indian Vix volatility index works best in range bound market and helps option sellers
🛑 You can also short only side either CALL or PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL)
🛑 Short Call
◽ short 38000 CE (we can see in option chain data available in nse , there is lot of short positions were holding at 38000 Call side strike)
◽Exit from short Call position when market breakout 38050 resistance zone ( SL )
◽ Target will be 37200 book your profit at this level
🛑 Short PUT
◽Short 37400 PE
(these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis for Wednesday )
◽ maintain Stoploss for this position 37400 / exit from this position to restrict your loss
◽ Target will be 38200 / book your profit at this level / exit from short PUT position
◽ we can clearly observe that market maybe trade between this range
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence
◽have nice day 😊
BANKNIFTY Shorting strikes using Vix ❗Hi traders 😊...................
🛑 Shorting strikes purely based on India vix volatility index
🛑 India vix volatility index helps us to identify short strangle strike's
🛑India Vix closed at 16.74 which is fall by 2.73% , which tell us that Both CE and PE strikes were declining
◽ Call premium were not increased as expected due to decrease in volatility
🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out )
◽Indian Vix volatility index works best in range bound market and helps option sellers
🛑 You can also short only side either CALL or P
PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL)
🛑 Short Call
Now clearly we get strike from india vix volatility index to short ie .37900 / 38000 on CALL side (we can see in option chain data available in nse , there is lot of short positions were added at 38000 Call side strike)
◽Exit from short Call position when market breakout 38000 resistance zone
◽ Target will be 37000 book your profit at this level
🛑 Short PUT
◽ Another one in downside we get one strike ie . 37200 on PUT side
(these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis fro Monday )
◽ maintain Stoploss for this ie.37200 / exit from this position to restrict your Stoploss
◽Target will be 38100 / book your profit at this level / exit from short PUT position
◽ we can clearly observe that market maybe trade between this range
➡️ If sold both strikes (or if you do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side or another position until reach the target
◽ If breakout happens at (38000)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37000
◽ If breakdown happens (at 37200 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 38100
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence
◽have nice day 😊
BANKNIFTY Short ❗❗Hi traders 😊...................
🛑 Shorting strikes purely based on India vix volatility index
🛑 India vix volatility index short strangle strike's
🛑India Vix closed at 17.21 which is fall by 6.47% on friday which show's that Friday market is in range bound and
🛑If we calculate India vix for day volatility or expected swing in both side for next day the we will get
( Caution it doesn't include any sentiment ie . Global or economical or news)
◽ Indian Vix volatility index works best in range bound market and helps option sellers
◽ Now clearly we get strike from india vix volatility index to short ie .37600 on CALL side
◽ Another one in downside we get one strike ie . 36900 on PUT side ( these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis fro Monday )
◽we can clearly observe that market maybe trade between this range so I will going to do this
Short strangle means selling OTM strikes of PE And CE
🛑 short CALL
➡️ Sell 37600 CE with stop loss of 37650 (simply exist from position CE after breakout of 37650 )
◽ Target will be 36800
🛑 Short PUT
➡️. Sell 36900 PE with the Stoploss of 36900 (or in other words : exist from PUT position if breakdown of 36900 which crucial support zone )
◽ Target will be 37800
➡️ If sold both strikes (or if you do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side or another position until reach the target
◽ If breakout happens at (37650)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37800
◽ If breakdown happens (at 36900 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 36800
🛑You can also short only side either CALL or P
PUT and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence
◽have nice day 😊
BANKNIFTY Shorting strikes ❗❗Hi traders 😊...................
🛑 Shorting strikes purely based on India vix volatility index
🛑 India vix volatility index short strangle strike's
🛑India Vix closed at 18.4 . which means premiums were high on both the sides of options . India vix measures the expected volatility for next one year.
means Nifty can go up by +18.4% towards upside from today's close to next one year and other chance -18.4% can go down by next one year
🛑 If we calculate India vix for day volatility or expected swing in both side for next day the we will get
◽ Here banknifty can go upto max +360 points from previous close 37425
means it may can swing up to hardly 37800(not exactly add previous close ie .374253+ expected movement points ie . 360)
◽ Or can go down by -360 points from previous close 37425 and it may be swing down to 37000
( Caution it doesn't include any sentiment ie . Global or economical or news )
◽ Indian Vix volatility index works best in range bound market and helps option sellers
◽ Now clearly we get one strike from to short ie .37800 on CALL side
◽ Another one in downside we get one strike ie . 37000 on PUT side
◽we can clearly observe that market maybe trade between this range so I will going to do this
Short strangle means selling OTM strikes of PE And CE
◽ short CALL
➡️ Sell 37800 CE with stop loss of 37800 (simply exist from position CE after breakout of 37800 )
◽ Short PUT
➡️ Sell 37000 PE with the Stoploss of 37300 (or in other words : exist from PUT position if breakdown of 37300 which crucial support zone )
➡️ If sold both strikes (or if you do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side or another position until reach the target
◽ If breakout happens at (37800)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37950
◽ If breakdown happens (at 37300 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 37000
🛑 You can also short only side either CALL or P
PUT and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑 Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence
◽have nice day 😊
BANKNIFTY Shorting strikes for expirey Hi traders 😊
🛑 Banknifty short strangle strikes
🛑 Shorting strikes purely based on India vix volatility index
🛑India Vix closed at 18.84 with gaining of nearly 1.62% over the one day which means premiums were high on both the sides of options . India vix measures the expected volatility for next one year
means Nifty can go up by +18.81% towards upside from today's close to next one year and other chance -18.81% can go down by next one year
🛑 If we calculate India vix for day volatility or expected swing in both side for next day the we will get
◽ Here banknifty can go upto max +375 points from previous close 37743 means it may can swing up to hardly 38200 ( not exactly add previous close ie.37743 + expected movement points ie. 375 )
◽ Or can go down by -370 points from previous close 37743 and it may be swing down to 37300
( Caution it doesn't include any sentiment ie . Global or economical or news )
◽ Indian Vix volatility works best in range bound market and helps option sellers
◽ Now clearly we get one strike from to short ie .38200 in CALL side
◽ Another one in downside we get one strike ie . 37300 PUT side
◽we can clearly observe that market maybe trade between this range so I will going to do this
Short strangle means selling OTM strikes of PE And CE
◽ short CALL
➡️ Sell 38200 CE with stop loss of 38150 (simply exist from position after breakout of 38150 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽ Short PUT
➡️ Sell 37300 PE with Stoploss of 37300 (or in other words : exist from PUT position if breakdown of 37300 which crucial support zone and it is pivot point control region. I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both strikes (or if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (38150)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 38300 (I clearly explained about it visit mine profile)
◽ If breakdown happens (at 37300 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 37000
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence
◽have nice day 😊
BANKNIFTY strikes to sell based on India vix❗ ❗ Hi traders 😊
🛑 Banknifty short strangle strikes
🛑 Selling strikes purely based on India vix volatility index
🛑India Vix closed at 18. 54 with gaining of nearly 2.71% over the one day which means premiums were high on both the sides of options which is help for option sellers if market stays between this range as follows
🛑If we calculate India vix for day volatility or expected swing in both side for next day the we will get
◽ Here banknifty can go upto max +370 points from previous close 37945 means it may can swing up to hardly 38315 we can see in option chain their is more shorts position were holding by institutional traders
◽ Or can go down by -370 points from previous close 37945 and it may be swing down to 37575
( Caution it doesn't include any sentiment ie . Global or economical or news )
◽ Indian Vix volatility works best in range bound market and helps option sellers
◽ Now clearly we get one strike from to short ie .38300 in CALL side
◽ Another one in downside we get one strike ie . 37500 PUT side
◽we can clearly observe that market maybe trade between this range so I will going to do this
Short strangle means selling OTM strikes of PE And CE
◽ short CALL
➡️ Sell 38300 CE with stop loss of 38150 (simply exist from position after breakout of 38150 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽ Short PUT
➡️ Sell 37500 PE with Stoploss of 37600 (or in other words : exist from PUT position if breakdown of 37600 which crucial support zone and it is pivot point control region. I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both strikes (or if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (38150)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 38500 (I clearly explained about it visit mine profile)
◽ If breakdown happens (at 37600 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 37300
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence
◽have nice day 😊
BANKNIFTY strikes to selling based on vix❗
Hi traders 😊
🛑 Banknifty short strangle strikes
🛑 Selling strikes purely based on India vix volatility index
🛑India Vix closed at 16.92% which means nifty can swing upto +16.92% upside from previous close or -16.92% towards downside from previous close over next one year
🛑 If we calculate it for day volatility or expected swing in both side for next day the we will get
◽ Here banknifty can go upto max +340 points from previous close 37830 means it may can swing up to hardly 38170
◽ Or can go down by -340 points from previous close 37830 and it may be swing down to 37490
( Caution it doesn't include any sentiment ie . Global or economical or news)
◽Indian Vix volatility works best in range bound market and helps option sellers
◽ Now clearly we get one strike from Vix index ie .38200 strike as resistance we can short it
◽ Another one in downside we get one strike ie . 37400 as support
◽we can clearly observe that market maybe trade between this range so I will going to do this
Short strangle means selling OTM strikes of PE And CE
◽ sell CALL
➡️ Sell 38200 CE with stop loss of 38150 (simply exist from position after breakout of 38150 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽Sell PUT
➡️ Sell 37400 PE with Stoploss of 37600 (or in other words : exist from PUT position if breakdown of 37600 which crucial support zone . I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both both strikes (in other words if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (38150)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 38300 (I clearly explained about it visit mine profile)
◽ If breakdown happens (at 37600 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 37450
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence have nice day 😊
BANKNIFTY strikes for short strangle ❗Hi traders 😊
🛑 Banknifty short strangle strikes
🛑 Selling strikes purely based on India vix volatility index
🛑India Vix closed at 16.92% which means nifty can swing upto +16% upside from previous close or -16% towards downside
🛑If calculate it for day volatility
◽ Here banknifty can go upto max +340 points from previous close 37830
◽ Or can go down by -340 points from previous close 37830
( Caution it doesn't include any sentiment ie. Global or economical or news)
◽ Now clearly we get one strike from Vix index ie.38200 strike as resistance we can short it
◽ Another one in downside we get one strike ie. 37400 as support
◽we can clearly observe that market can trade with in this range so I will going to do this
Short strangle means selling OTM strikes of PE And CE
◽ sell CALL
➡️ Sell 38200 CE with stop loss of 38150 (simply exist from position after breakout of 38150 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽Sell PUT
➡️ Sell 37400 PE with Stoploss of 37600 (or in other words : exist from PUT position if breakdown of 37600 which crucial support zone . I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both both strikes (in other words if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (38150)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 38300 (I clearly explained about it visit mine profile)
◽ If breakdown happens (at 37600 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 37450
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑Make sure your capital is 1.6 L rupees to execute this strategy
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence have nice day 😊
BANKNIFTY short strangle strike's ❗❗❓Hii , traders 😊
I hope that you are doing well
🛑 Are seeking for which strike I have to sell then listen here for 1 min
🛑 Selling strikes purely based on India vix
🛑 Short strangle strike's for BANKNIFTY
◽ sell CALL
➡️ Sell 38100 CE with stop loss of 37900 (simply exist from position after breakout of 37900 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽ Sell PUT
➡️ Sell 37400 PE with Stoploss of 37500 (or in other words : exist from PUT position if breakdown of 37500 which crucial support zone . I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both both strikes (in other words if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (37900)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 38000 (I clearly explained about this crucial resistance level you can visit mine profile and Checkout)
◽ If breakdown happens (at 37500 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 37250
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE because fear market is higher means if negative is out then fear market will be higher and it will go behind our expectations)
🛑 What is the margin required to do this Short strangle ❗❓
Yeah ,
➡️ Margin requires about 1.3 L in Indian rupees
◽ And you can also reduce this margin to 66k (66000) 😱 How ❗❓
➡️ If you buy far OTM strikes for Covering to Both CE and PE then u will get margin benefit about 64k (1.3L - 66k = 64k benefit means no need to pay if you buy covering CE and PE for sell )
If you do this you only need to pay 66000 as margin to execute this trade instead of 1.3L
🛑Do you wanna know completely about how to select strike to short the market based on India vix volatility index ❗❓
Well , I will explain about
◽ If you give me 10 like and 10 reputation Then I will explain about it in next analysis 😊
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
Thanks for reading and do like it and follow for more and give me reputation it will boost mine confidence.
have nice day 😊
BANKNIFTY strikes to selling based on vixBankniftyse traders 😊
I hope that you are doing well
🛑 Are seeking for which strike I have to sell then listen here for 1 min
🛑 Selling strikes purely based on India vix
🛑 Short strangle strike's for BANKNIFTY
◽ sell CALL
➡️ Sell 37400 CE with stop loss of 37350 (simply exist from position after breakout of 37350 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽ Sell PUT
➡️ Sell 36600 PE with Stoploss of 36850 (or in other words : exist from PUT position if breakdown of 36850 which crucial support zone . I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both both strikes (in other words if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (37350)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37800 (I clearly explained about it visit mine profile)
◽ If breakdown happens (at 36850 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 36550
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑 I will explain completely about how to select strike to short the market based on India vix volatility index
➡️ If you give 50 like and 50 reputation Then I will explain about it in next analysis 😊
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more have nice day 😊
BANKNIFTY analysis for option sellers
only for optionssellers
For those who are seeking for which strike I have to sell
I'm giving strike for selling both CE and PE (short strangle) purely based on India vix volatility index
Sell CALL option 37600 CE anywhere between 37100-37350 and exist from it if breakout 1st resistance level 37450-37500 level (stop loss strike for call selling)
Sell PUT option 36800 PE anywhere between 37100-37350 and exist from it (STOP LOSS) if it breakdown immediate support level 36900-36850 level
And caution SELL both PE and CE near expire that is 23rd sep expire because we can make profit through time decay and More importantly if it breakout/breakdown happens exist from only side and keep it otherside u will get more profit and if it stays between what I mentioned those levels then u will make great profit
I hope that it will helps a lot
If you like it do follow and have a nice day 😊
Banknifty weekly analysisAfter giving breakout last week banknifty is managed to closed on a good note.
and now heading towards 40000.
One day closing above 38160 till take Banknifty to 38770, 38950.
One day closing below 37150 will take Banknifty to 36950, 36550, 36290
As we can see INDIA VIX is rising so chances of a dip is very high.
This dip is possible before 1st week of October.
Keep above level in mind for coming week.
BankNifty Prediction & Analysis [10 Aug 2021]BankNifty Prediction and Analysis For Tomorrow
Bank Nifty Spot Levels to watch out for trading on 10th Aug 2021
Long Opportunity:
1. Price breaks out of 36160 and retests the level again is good support to go long
Short Opportunity:
2. Gap down opens below 35670 and stays below 35670 for some time and retested back the 35670 levels is a good resistance zone to short Bank Nifty.
BankNifty Prediction & Analysis [06 Aug 2021]Bank Nifty Spot Levels to watch out for trading on 6th Aug 2021
Long Opportunity:
1. Price breaks out of 36025 and retests the level again is good support to go long
2. Gap down open but takes support near 35685 will act as good support to go long again
Short Opportunity:
1. Gap down opens below 35670 and stays below 35670 for some time and retested back the 35670 levels is a good resistance zone to short Bank Nifty.
BANKNIFTY 26 JULY 2021 ANALYSISHello Friends..
Hope you all are doing good..
Friends here we have bank nifty analysis for 26th July 2021.
Friends as we can see clearly in the chart that bank nifty closed below its resistance which is near 35100.. In the last trading session we saw bank nifty tried to taste 35100 level and achieved previous day high that is 35088 which is near 35100..So here are some important levels below.. as we analyzed..
IMPORTANT LEVELS:
RESISTANCE 1: 35280
RESISTANCE 2: 35490
SUPPORT 1: 34600
SUPPORT 2: 34400
Buy above 35100 for target 35280, 35490 (SL- 35070).
Sell below 35070 for the target 34600 ,34400(SL- 35100).
IMPORTANT: market may trend sideways...kindly take positions as per market trend. Don't keep high target.
Disclaimer:-We are not SEBI Registered Advisors. Though, All efforts have been made to compile inputs after detailed research. Please do your own research, and consult your financial advisors before investing!
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