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Showing posts from May, 2020

Nifty Bank nifty and Dalal street In 1st week Of June 2020- Global Markets will be the KEY

Nifty Bank nifty and Dalal street In 1st week Of June 2020- Global Markets will be the KEY -------------------------------------------------------------------------------------------------------------------- Before moving to analysis of coming week ,lets have recap what we had discussed on last week as Nifty had Precise Expiry nearby to 9500 as last been discussed by me on 24th May Post. As we told that Bank nifty remain in extreme oversold condition, it went precisely correct and from that level it moved strongly to the level of 250 points https://viprawords.blogspot.com/2020/05/nifty-and-bank-nifty-overview-for.html This week technical remain more or less same, for support level OI build up and resistance we can refer this write up as well. https://viprawords.blogspot.com/2020/05/option-chain-analysis-current-series.html The most important events which may dominate the technical this week is some strong bear sentiments prominently to be look forward. !) US pre

Nifty banknifty Option chain analysis &software -current series-Secret Method

How to interpret Nifty Open Interest Analysis file by Nifty Banknifty Option chain analysis &software Before we start our analysis it is important to understand / learn the basics of Open Interest. Here are the basics – Call (CE) – Buy when bullish, Sell/Write when mildly bullish or feel a specific level is resistance Put (PE) – Buy when bearish, Sell/Write when mildly bearish or feel a specific level is support Example Example – If your analysis says that 9500 level won’t break on the upper side in next one week, you may write 9500 CE. Similarly if your analysis says that 9400-9200 level wouldn’t break in next one week on the lower side then you may write 9400 PE to eat the premium. In Options trading, time is like ICE. With time both melts. If volatility increases then premiums go expensive & you may witness both sides wild moves. Let’s understand the psychology behind this Options buy/selling - There are 2 types of participants in the market – 1)