BankNifty PUTs & CALLs

[columbus]

August.13 AUGUST-Series Day.12 BANKNIFTY=9985 (274)

The Expected Zone has moved UP to (9800~10200) from (9500~9900) .
BankNifty was trading in 4 digits only for most part of time except for last 45 min.It could
not close above 10,000.


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.

 

[columbus]

August.14 AUGUST-Series Day.13 BANKNIFTY=10026 (41)

The Expected Zone has expanded UP to (9800~10300) from (9800~10200) .
BankNifty closed above 10,000, a Psychological barrier.


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.

 

[columbus]

August.16 AUGUST-Series Day.14 BANKNIFTY=9450 (-576)

The Expected Zone has moved down ,rather ,badly to (9200~9700) from (9800~10300) .

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.

Current position is indicated in the chart.

 

[Gandhar.]

Re: August.16 AUGUST-Series Day.14 BANKNIFTY=9450 (-576)

The Expected Zone has moved down ,rather ,badly to (9700~9200) from (9800~10300) .

is this correct?
or it should be 9200-9700

 

[columbus]

Re: August.16 AUGUST-Series Day.14 BANKNIFTY=9450 (-576)

is this correct?It should be 9200-9700

Correct.Edited.

 

[trade4joisar]

Re: August.16 AUGUST-Series Day.14 BANKNIFTY=9450 (-576)

The Expected Zone has moved down ,rather ,badly to (9200~9700) from (9800~10300) .

Hi Columbus,

I am one of the follower of this + other threads you have created.

Your analysis are (as of now we can say was but i am sure it is) really going good on the range of BNF.

Only this month, it honoured upper target but not lower target, most of the time say around 200/300 points below, what can be the reason? unexpected or something is there which we can look at?

 

[columbus]

Re: August.16 AUGUST-Series Day.14 BANKNIFTY=9450 (-576)

Hi Columbus,

I am one of the follower of this + other threads you have created.

Your analysis are (as of now we can say was but i am sure it is) really going good on the range of BNF.

Only this month, it honoured upper target but not lower target, most of the time say around 200/300 points below, what can be the reason? unexpected or something is there which we can look at?

Hi trade4joisar,

Thank you.
BankNifty is highly unpredictable.
Lesser the number of stocks in INDEX ,then more volatility (atleast pointwise) over a period.For example NIFTY (50 stocks) shows less pointwise movement than SENSEX(30 stocks).
Thouhgh Banknifty has 12 stocks ,only 3 stocks (SBI,ICICI and HDFC)
account for more than 60% of weigtage as of now.
More over DOLLAR RATE is another factor which should be looked into.

 

[columbus]

August.19 AUGUST-Series Day.15 BANKNIFTY=9145 (-305)

he Expected Zone has moved down to (9000~9300) from (9200~9700) .

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.

Current position is indicated in the chart.

 

[columbus]

August.21 AUGUST-Series Day.17 BANKNIFTY=9264 (45)

The Expected Zone has moved up to (9200~9500) from previous zone (9000~9300) recorded 2 days ago. .

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.

Current position is indicated in the chart.

Sarcastically somebody put it ,WHICH ONE HITS 100RS FIRST?
1.Dollar rate
2.Petrol rate
or
3.Onion rate

 

[Gandhar.]

onions then petrol then dollar
hope none crosses it