BankNifty Analysis
Free Research
Date |
Trading Idea |
Picture |
11/18/2019 |
Market Profile analysis Mentioned in the Image. |
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11/18/2019 |
As per Option Chain of Banknifty, There is very good addition in 31k call option today, making expiry of banknifty this week to be below 31k.
Although Put writing also got added on 31k strike, but overall the put writing is less compared to calls now.
Major barrier on the downside is available at 30500. and banknifty may reach around this level if it breaches 30900. |
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11/17/2019 |
Banknifty is showing element of bullishness with 1st resistance available at 31500 on the upside and on downside, 30500 is major barrier. Please follow the image attached for Cumulative delta analysis of options |
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