BankNifty PUTs & CALLs

[columbus]

JAN.20 jan-series day.17 BANKNIFTY=11108 (96)

The EXPECTED ZONE has expanded to (10800~11300) from (10600~11300) .



Bold indicate Open Interest over 50k.(Open interest-TODAY)
Italic indicate Open Interest over -50k.(Open Interest-TODAY)

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


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        45Rs to 450Rs
12 to 16                40Rs to 400Rs
17 to END          	35~15Rs to 350~150RS

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

Current position is indicated in the chart.

Both Nifty & Bank Nifty showed ,conflict.
Nifty showed positive PUT open interest whereas Bank Nifty showed negative PUT
open interest.

 

[columbus]

Next few days, i am expecting a high volatility in BankNifty.
On 28th Jan, we have RBI policty.

And we are nearing to expiry, shorting calls/puts will help ?

Both Nifty & Bank Nifty showed ,conflict.
Nifty showed positive PUT open interest whereas Bank Nifty showed negative PUT
open interest.

Difficult to read the signals???

 

[trade4joisar]

Both Nifty & Bank Nifty showed ,conflict.
Nifty showed positive PUT open interest whereas Bank Nifty showed negative PUT
open interest.

Difficult to read the signals???

Actually i am studying Ichimoku, Observation of one of the indicator says i am going to be volatile until you get me out of this.

Let see.

 

[columbus]

JAN.21 jan-series day.18 BANKNIFTY=11172 (164)

The EXPECTED ZONE has moved UP to (10900~11500) from (10800~11300) .



Bold indicate Open Interest over 50k.(Open interest-TODAY)
Italic indicate Open Interest over -50k.(Open Interest-TODAY)

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


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        45Rs to 450Rs
12 to 16                40Rs to 400Rs
17 to END          	35~15Rs to 350~150RS

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

Current position is indicated in the chart.

Bank Nifty is showing HIGHLY conflicting signals.Some Call strikes both POSITIVE
and NEGATIVE open interest (Today) and Put strikes showing only POSITIVE
O.I(Today).

 

[columbus]

JAN.22 jan-series day.19 BANKNIFTY=11207 (35)

The EXPECTED ZONE has not moved from (10900~11500) for SECOND day .



Bold indicate Open Interest over 50k.(Open interest-TODAY)
Italic indicate Open Interest over -50k.(Open Interest-TODAY)

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


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        45Rs to 450Rs
12 to 16                40Rs to 400Rs
17 to END          	35~15Rs to 350~150RS

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

Current position is indicated in the chart.

Bank Nifty is showing HIGHLY conflicting signals.Some Call strikes both POSITIVE
and NEGATIVE open interest (Today) ,once again.

 

[columbus]

JAN.23 jan-series day.20 BANKNIFTY=11199 (-8)

The EXPECTED ZONE has not moved from (10900~11500) for THIRD day .



Bold indicate Open Interest over 50k.(Open interest-TODAY)
Italic indicate Open Interest over -50k.(Open Interest-TODAY)

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


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        45Rs to 450Rs
12 to 16                40Rs to 400Rs
17 to END          	35~15Rs to 350~150RS

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

Current position is indicated in the chart.

Again both CALLs and PUTs showing both POSITIVE and NEGATIVE open interest.
(Today)

 

[trade4joisar]

I am expecting BankNifty to hit 10896 before it start up.

Let see.

 

[timepass]

I am expecting BankNifty to hit 10896 before it start up.

Let see.

Why ? Banknifty seems to be just warming up, floating above its 200DMA tentatively. Of course, RBI policy day can cause wild swings in any direction.

 

[columbus]

Looks like a QUIET month (Jan'14) so far.

Lull before STORM ???

 

[trade4joisar]

Why ? Banknifty seems to be just warming up, floating above its 200DMA tentatively. Of course, RBI policy day can cause wild swings in any direction.

This is my observation, whenever tenken is inside cloud in daily, SST does not work and it hit SAR on each side.

Like today Banknifty hit TSL, but still not going down.

This is my personal view.