SBI

Date-30/12/2022
CMP-613.70
Stock trying to move highs with low volumes as per above data.
OI Data-Jan 2023
As per OI Data as on 30/12/2022 total calls-16389 and total puts-13,349
Put Call Ratio=0.81 it indicates bearishness.
Resistance:
Call Strikes= 620(2226 contracts) and 630(2015 contracts)
Support:
Put Strikes=600(2375 contracts) and 580(1889 contracts)

Opinion:
OI Data suggesting stock bearishness and stock also moving high's with low volume.Whoever wants to buy wait for sometime add in tranches.Whoever holding stocks book some profit and reenter at lower prices.
Important:In Jan Q3 Results and Budget sessions will majorly effect Banking stocks.Whoever wants to take any position be carefully analyze the data.

Note:This is my opinion,Please analyze data properly and take positions.No one is responsible for your loss except you.

Comment:

Date-02/01/2023
CMP-612.20
OI Data Update:
total calls-19,934 and total puts-14,245
Put Call Ratio=0.71 it indicates bearishness.
Call options increase-3545 contracts
Put options increase-896 contracts
Resistance:
Call Strikes= 620(2720 contracts) and 630(2299 contracts)
Support:
Put Strikes=600(2443 contracts) and 580(1993 contracts)

Opinion:
If anyone want to buy stock wait for stock to close higher than Rs.622 with high volume.Invest 10% amount by tranches.Market always give opportunity.

Comment:

Date-03/01/2023
CMP-612.40
OI Data Update:
total calls-22,676 and total puts-14,717
Put Call Ratio=0.65 it indicates bearishness.
Call options increase-2742 contracts
Put options increase-472 contracts
Resistance:
Call Strikes= 620(3053 contracts) and 630(2576 contracts)
Support:
Put Strikes=600(2546 contracts) and 580(1991 contracts)

Call Writing more compare to Put Writing

Comment:

Date-04/01/2023
CMP-605.20
OI Data Update:
total calls-24,669 and total puts-14,455
Put Call Ratio=0.59 it indicates bearishness.
Call options increase-1993 contracts
Put options increase-(-262) contracts
Resistance:
Call Strikes= 620(3343 contracts) and 630(2708 contracts)
Support:
Put Strikes=600(2459 contracts) and 580(1889 contracts)

Call Writing more compare to Put Unwinding indicates bearishness.

Comment:

Date-10/01/2023
CMP-595.15
OI Data Update:
total calls-31,889 and total puts-16,151
Put Call Ratio=0.51 it indicates bearishness.
Call options increase-7220 contracts from previous update
Put options increase-1696) contracts from previous update
Resistance:
Call Strikes= 610(3848 contracts) and 620(4605 contracts)
Support:
Put Strikes=580(1926 contracts)
Call Writing more compare to Put Unwinding indicates bearishness.

Comment:

Date-18/01/2023
CMP-591.45
OI Data Update:
total calls-34,931 and total puts-17,373
Put Call Ratio=0.50 it indicates bearishness.
Call options increase-3042 contracts from previous update
Put options increase-1222 contracts from previous update
Resistance:
Call Strikes= 600(6088 contracts) and 620(4403 contracts)
Support:
Put Strikes=580(2419 contracts)
Call Writing more compare to Put Unwinding indicates bearishness.