DEC.3 dec-series day.3 BANKNIFTY=11211 (73)
The Expected Zone at further condensed to (11300~11400) from (11300~11500) .
A tight range indeed ,just spanning 2 strikes.In fact ,current position fell outside the zone.
Average Open Interest (Today) in the Expected zone as indicated...CALL side:6K [Prev:25K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side:19K [Prev:27K]
(Have a look at the strikes also. 3 CALL strikes vs 1 PUT strike).
Current position is indicated in the chart.
The Expected Zone at further condensed to (11300~11400) from (11300~11500) .
A tight range indeed ,just spanning 2 strikes.In fact ,current position fell outside the zone.
HTML:
We follow the PUT and CALL windows with the boundaries, as :
DAY LOW~HIGH
======= =========
1 to 6 45Rs to 450Rs
7 to 11 40Rs to 400Rs
12 to 16 35Rs to 350Rs
17 to END 30~15Rs to 300~150RS
This is not based on ANY formula , but on just observations of last few days.
Average Open Interest (Today) in the Expected zone as indicated....PUT side:19K [Prev:27K]
(Have a look at the strikes also. 3 CALL strikes vs 1 PUT strike).
Current position is indicated in the chart.