Last edited on Saturday 21th January 2021 Banknifty cloased at 32246.80 Banknifty current future closed at 32314.05 SGX Nifty current futures closed at 14398 Put Call Ratio (PCR) is 0.70 and it is Bearish. Max pain is at 32400, if it drops on monday that is a clear indication of Bearishness. INDIAVIX is at 24.01 Union Budget is on 1st February 2021 because of that market is volatile. Based on the above data we can say Banknifty is bearish and market is volatile. But on Friday 15th January 2021 Banknify was strong compared to Nifty. May gap down on Monday 18th January 2021. 30500 acts as good support and 33200 may be a good resistance. Our strategies are based on this support and resistance. Current expiry is on 21st January 2021 Our view is bearish Option Prices may change while you place the trades. Place trades after 9:45 AM. Adjustments will be provided if needed. Capital may required more if adjustments are made. Recomend to deploy only 50% of th...
Best options trading platform for beginners. Free Option Trades on Nifty, Banknifty and Stocks. Also relavant adjestments.