Influencing Factors

Friday, 8.17am(SGT)

1. Yesterday Banknifty saw a gap down of nearly 200 points and ended 566 points (2.88%) lower.

2. Dow Jones ended 377 points(1.6%) higher, because market cannot go in one direction.

3. The candlestick on expiry day is given here. Gap down and consolidation pattern. First candle and Last candle in Green.

4. 19400 Strike price premium. At start of the series for CE the premium was 660 and for PE 485. At end of the series it is 0.05 and 332. So 1145-332=813 points. which is 16260 rps for 1 Lot. In 5 trading days 4 red candle and 1 green candle. The range is from 20,200 to 18500 which is around 1700 points.

5. We start 21st May series from today and the premium is

19000 CE & PE premium is 615+549=1164.
6. I have my order 2500 points away i.e)21500 CE sold at 53 rps.

7. Today's view: Gap up of 200 points and consolidation..

Comments

Market Influencer

Wed, 8.23am(SGT) 1. Yesterday Bank Nifty ended 86 points down. Initially it went up and it came down after European market opened negative. It was a Kotak Bank led rally yesterday. Downtrend momentum continues. 2. DowJones ended 390 points(1.59% down), so we can expect a gap down. 3. The 19000 SP Premium for CE & PE and ATM SP premium Thursday- 615 & 549, Friday- 428 & 634 Monday 91 & 1482 Tuesday 17 & 1566. VIX is over 70 showed uncertainity. 4. Today's View: Gap down and Consolidation pattern. 5. I have closed my trade in Positive. Today i have sold 18700 CE at 36 which is 1300 points away.

Market Influencer and May Expiry data

1. Yesterday BN went nearly 1200 points up. https://economictimes.indiatimes.com/markets/stocks/news/what-triggered-the-15-rally-in-bank-stocks-today/articleshow/76038357.cms 2. Dow Jones ended 553 points (2.23%) up. So we can see a Gap up of atleast 100 points. 3. The Option premium 4. FII- 4500 cr DII- 1800 Cr both are net buyers https://economictimes.indiatimes.com/markets/stocks/news/what-triggered-the-15-rally-in-bank-stocks-today/articleshow/76038357.cms FII buying into Kotak, Icici & Axis bank, bcz they find price is attractive. 5. Today's View- Gap up and Continue to be up. 6. At end of Expiry day

Banknifty Analysis of Market Data's for 20,21,22 nd May 2020 (Wed, Thu & Friday)

Mon,9.04 am (SGT) 1. The index data's are 20th May 2020 (Wed) 21st May 2020 (Thu) 22nd May 2020 (Wed) 2. The Premium data's are 20th May (Wed) 21st May (Thu) 3. May month series data on 21st(Thu) 4. May month series data on 22nd (Fri) 5. Today's View: Not much positive or negative news for Sat, Sun & Mon(Ramdan). Market can up or down 300 points.

Bank Nifty Analytics

Search This Blog