Munafa BANKNIFTY (target) price & Options chain analysis (Nifty Bank) Option chain analysis (BANKNIFTY) 26 Thu June Expiry Which Call CE or PUT PE options to buy or sell in Nifty Bank BANKNIFTY
BANKNIFTY Option Chain Data Analysis for Nifty Bank BANKNIFTY option chain
Maximum Call writing has been for strikes: 56000 57000 58000 60000
Until yesterday Maximum Call writing has been for strikes: 56000 59000 57000 60000
Open Interest of Call writers for the options of Nifty Bank BANKNIFTY is shifting downwards. This would mean that markets are slowly moving downwards, and buying CALLS and CE might not be profitable.
Maximum Put writing has been for strikes: 56000 55000 55500 54000
Until yesterday Maximum Put writing has been for strikes: 56000 55000 54000 53000
Open Interest of PUT writers for the options of Nifty Bank BANKNIFTY is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Nifty Bank might not be profitable.
BANKNIFTY Option Chain Price Analysis for Nifty Bank BANKNIFTY option chain
Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Nifty Bank BANKNIFTY at this time.
It appears as if Nifty Bank BANKNIFTY gave a large move recently.
Stock of Nifty Bank (BANKNIFTY) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Nifty Bank is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 56323.6 as stoploss in an intra day sell trade for a target of 55900.67. However, stock will show a bullish move above 56323.6.
Nifty Bank BANKNIFTY Option Chain, OTM CE, ITM PE
Below is full option chain of Nifty Bank for strikes which are OTM CALLS (CE), and ITM PUTS (PE).
These are CALLS which have only time value in them, no intrinsic value. PUTS however have both time value and intrinsic value in the premium.
Below is full option chain of Nifty Bank for strikes which are ITM CALLS (CE), and OTM PUTS (PE).
These are PUTS which have only time value in them, no intrinsic value. CALLS however have both time value and intrinsic value in the premium.