Munafa BANKNIFTY (target) price & Options chain analysis (Nifty Bank) Option chain analysis (BANKNIFTY) 30 Tue 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: 60000 56000 54000 57000
Until yesterday Maximum Call writing has been for strikes: 60000 54000 56000 55000
Open Interest of Call writers for the options of Nifty Bank BANKNIFTY is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Nifty Bank might be more profitable. However, avoid buying CE of strikes higher than ones listed above, as these will serve as resistance
Maximum Put writing has been for strikes: 54000 55000 56000 60000
Until yesterday Maximum Put writing has been for strikes: 54000 55000 60000 50000
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, 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 56250.3, for a target of 55238.1 or 54394.55
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.