BankNifty PUTs & CALLs

[columbus]

July.22 JULY-Series Day.17 BANKNIFTY=11087 (113)

The Expected Zone has expanded to (10900~11300) from (10800~11200).

Current position is indicated in the chart.

We follow the PUT and CALL windows with the boundaries, as :


DAY		                LOW~HIGH
================                =========	
1  to 6 (FRI~FRI)          	40Rs to 400Rs
7  to 11(MON~FRI)	        35Rs to 350Rs
12 to 16(MON~FRI)               30Rs to 300Rs
17 to END(MON~END)          	15~25Rs to 150~250RS

This is not based on ANY formula , but on just observations of last few days.

Lot of premium erosion was seen ,on both sides.
On CALL side CE11300 onwards has lost premium.

 

[columbus]

July.23 JULY-Series Day.18 BANKNIFTY=11230 (153)

The Expected Zone has moved UP to (11100~11500) from (10900~11300).

Current position is indicated in the chart.

We follow the PUT and CALL windows with the boundaries, as :


DAY		                LOW~HIGH
================                =========	
1  to 6 (FRI~FRI)          	40Rs to 400Rs
7  to 11(MON~FRI)	        35Rs to 350Rs
12 to 16(MON~FRI)               30Rs to 300Rs
17 to END(MON~END)          	15~25Rs to 150~250RS

This is not based on ANY formula , but on just observations of last few days.

 

[guptak03]

Hello sir good evening ,
A similar kind of thread is started by Raj sir in Tj IN Real Time.. if you have time plz be visiting & suggesting us in that thread also..

first thread started for tools

http://www.traderji.com/advanced-tr...s-winning-20-trade-nifty-futures-bac-221.html

and later shifted for real time..
http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj-7.html#post834704

 

[columbus]

July.24 JULY-Series Day.19 BANKNIFTY=10720 (-520)

(Small error in BANKnifty value, when compared to yesterday's figure.Anyway
sticking the values provided by NSE's website)


The Expected Zone has moved DOWN to (10500~10900) from (11100~11500) .

Current position is indicated in the chart.

We follow the PUT and CALL windows with the boundaries, as :


DAY		                LOW~HIGH
================                =========	
1  to 6 (FRI~FRI)          	40Rs to 400Rs
7  to 11(MON~FRI)	        35Rs to 350Rs
12 to 16(MON~FRI)               30Rs to 300Rs
17 to END(MON~END)          	15~25Rs to 150~250RS

This is not based on ANY formula , but on just observations of last few days.

 

[timepass]

Re: July.24 JULY-Series Day.19 BANKNIFTY=10720 (-520)

The Expected Zone has moved DOWN to (10500~10900) from (11100~11500) .

Maybe a small bounceback tomorrow, though the options weightage is on the downside.

 

[columbus]

July.25 JULY-Series Day.20 (END) BANKNIFTY=10614 (-106)

Nifty ended at 5908.Bank nifty ended at 10614.
In JULY series Nifty and BankNifty moved in opposite directions.
NIFTY gained 226 points from 5682 to 5908.
BankNifty lost 662 points from 11236 to 10614.

AUGUST DATA
===========

A strange thing, to start with 4 strikes in the ZONE only !!!!

JULY data ,posted at the beginning of JULY series

Change in STRIKES of the ZONE is quite fast in Bank nifty as it moves
by huge quantity due to high volatility.

 

[columbus]

July.26 AUGUST-Series Day.1 (Start) BANKNIFTY=10465 (-149)

The Expected Zone is at (10500~10600) .Just spanning 2 strikes.
This is quite strange thing for a series to start with 2 strikes.
Moreover the CURRENT position is out of the zone ,bottom side.ANY clue.
Looks like Bank Nifty is likely to maintain downward slide.
10400CE option change is THRICE the option value itself.
Both CALL & PUT options are on Higher side.

Current position is indicated in the chart.

We follow the PUT and CALL windows with the boundaries, as :


DAY		                LOW~HIGH
================                =========	
1  to 6 (FRI~FRI)          	40Rs to 400Rs
7  to 11(MON~FRI)	        35Rs to 350Rs
12 to 16(MON~FRI)               30Rs to 300Rs
17 to END(MON~END)          	15~25Rs to 150~250RS

This is not based on ANY formula , but on just observations of last few days.

 

[timepass]

Re: July.26 AUGUST-Series Day.1 (Start) BANKNIFTY=10465 (-149)

The Expected Zone is at (10500~10600) .Just spanning 2 strikes.
This is quite strange thing for a series to start with 2 strikes.
Moreover the CURRENT position is out of the zone ,bottom side.ANY clue.
Looks like Bank Nifty is likely to maintain downward slide.
10400CE option change is THRICE the option value itself.
Both CALL & PUT options are on Higher side.

Maybe the market players have not yet taken any strong positions. Maybe a dead cat bounce is expected. Anyway, this is a looooong series. I think that we will see fireworks on both the sides.

Also, the RBI policy review is coming on 30th July - the coming Tuesday.

 

[columbus]

July.29 AUGUST-Series Day.2 BANKNIFTY=10331 (-134)

Markets fell for the fourth consecutive day.

The Expected Zone is at (10300~10500) .Just spanning 3 strikes.
This is quite strange thing in the beginning for a series with 3 strikes.

Current position is indicated in the chart.

We follow the PUT and CALL windows with the boundaries, as :


DAY		                LOW~HIGH
================                =========	
1  to 6 (FRI~FRI)          	40Rs to 400Rs
7  to 11(MON~FRI)	        35Rs to 350Rs
12 to 16(MON~FRI)               30Rs to 300Rs
17 to END(MON~END)          	15~25Rs to 150~250RS

This is not based on ANY formula , but on just observations of last few days.

BankNifty will take direction based on RBI's decision tomorrow.

 

[columbus]

July.30 AUGUST-Series Day.3 BANKNIFTY=10210 (-121)

Markets fell for the fifth consecutive day.

The Expected Zone has moved down to (10200~10400) from (10300~10500) .Just spanning 3 strikes.


Current position is indicated in the chart.

We follow the PUT and CALL windows with the boundaries, as :


DAY		                LOW~HIGH
================                =========	
1  to 6 (FRI~FRI)          	40Rs to 400Rs
7  to 11(MON~FRI)	        35Rs to 350Rs
12 to 16(MON~FRI)               30Rs to 300Rs
17 to END(MON~END)          	15~25Rs to 150~250RS

This is not based on ANY formula , but on just observations of last few days.

Downward slide may continue further.