Last edited on Saturday 28th January 2021 Nifty cloased at 14281.3 Nifty current future closed at 14251.65 SGX Nifty current futures at 14304.5 Banknifty closed at 31811.75 Banknifty current futures closed at 31701.2 HDFC Bankc closed at 1480 Put Call Ratio (PCR) of Banknifty is 0.58 and it is bearish. Put Call Ratio (PCR) of HDFC Bank is 0.64 and it is bearish. Max pain of Banknifty is at 3200, it is bearish. Max pain of HDFC Bank is at 1440, it is bearish. INDIAVIX is at 24.3950 Union Budget is on 1st February 2021 because of that market is volatile. Based on the above data we can say HDFC Bank is bearish and market is volatile. However it can turn into bulish as the quaterly results of HDFC Bank is good. 1440 acts as good support and 1550 may be a good resistance. Our strategies are based on this support and resistance. Current expiry is on 28st January 2021. Our view is Neutral. Option Prices may change while you place the trades. Place trades after 9:45 AM. ...
Best options trading platform for beginners. Free Option Trades on Nifty, Banknifty and Stocks. Also relavant adjestments.
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