Munafa BANKNIFTY (target) price & Options chain analysis (Nifty Bank) Option chain analysis (BANKNIFTY) 30 Mon March 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: 61000 59000 56000 60000
Until yesterday Maximum Call writing has been for strikes: 59000 61000 56000 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: 59000 48000 51000 52000
Until yesterday Maximum Put writing has been for strikes: 59000 51000 48000 46500
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Nifty Bank is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nifty Bank stays below 53600, but if it comes above 53600, then a intra day buy could be more profitable.
If you take a sell trade below 53600, then use 53600 as stoploss and 49979.4 as target. However if you take a buy trade in Nifty Bank, then use 53600 as stoploss and 56617.17 as target.
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.