Sept.12 SEPT-series Day.10 BankNifty=16254 (50)
The Expected Zone has CONDENSED to (16600~16100) from (16600~16000) .
The Option Chain of CURRENT month looked like this :
The Expected Zone has CONDENSED to (16600~16100) from (16600~16000) .
HTML:
DAY LOW~HIGH
======= =========
1 to 6 Approx...50Rs to 500Rs
7 to 11 Approx...40Rs to 400Rs
12 to 16 Approx...35Rs to 350Rs
17 to END Approx...30~15Rs to 300~150RS
This is not based on ANY formula , but on just observations of last few days.