Munafa BANKNIFTY (target) price & Options chain analysis (Nifty Bank) Option chain analysis (BANKNIFTY) 25 Tue November 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: 59000 58500 60000 62000
Until yesterday Maximum Call writing has been for strikes: 58500 60000 59000 62000
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: 58500 58000 57000 59000
Until yesterday Maximum Put writing has been for strikes: 58500 58000 57000 59000
Open Interest of PUT writers for the options of Nifty Bank BANKNIFTY is shifting downwards. This would mean that markets are slowly moving downwards, and buying PUTS and PE might be more profitable. However, above mentioned levels will serve as support so avoid buying PE below those above mentioned levels.
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, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
Although my analysis for Nifty Bank is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58912.5, for a target of 58491.4 or 58140.52
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.