Bank Nifty Options Trading- Freak Trade!- 19Oct2021

Hello Folks, we saw a freak trade in Bank Nifty Options Trading today morning. This was the Bank Nifty 40,000 Call Option of 21 Oct 2021 expiry, which is the Thursday this week. See the day high. It was 1200! But Bank Nifty did not even go near 41,000 today. The day high in bank […]

Bank Nifty Trading – 01July2020

This is the 15 min chart of Bank Nifty. Price is making new highs but momentum is not supporting, so we should take profits on long positions and reduce long positions to one-third or one-fourth. We have been long on Bank Nifty Futures from 21,300 and now the futures are at 21,900. So we have […]

Nifty Futures Trading Update – 29Nov2016

Nifty Futures tested 8200 today but could not hold and have fallen rapidly to 8150 by end of day. As mentioned in previous posts, there is a key resistance at Nifty 8200 level. Nifty futures trading range is currently 7900 to 8300, and I believe 8300 should get tested once before any large correction again. […]