Bankniftycalls
Made Huge Money In BankniftyI Gave call To Buy 32000 CE @ 550 From Bottom.
Reason Was- 0.618
There Was Typo Mistake i'e 32000 ce.
Those Who Used Common Sense Would Have Made Money In Banknifty Today.
We Did The Same Thing In Our Premium Group Also.
For Nifty And Banknifty Calls
Contact- 9 3 0 4 4 0 8 4 9 2
BankNifty Captured 500 Points IntradayThis Is How We Captured 500 Points In Banknifty.
Did Bottom Fishing In Banknifty.
Gave Call In Public To Long BankNifty And Buy 32000 CE from 550 High made 865 In No Time.
Power Of Harmonic.
We At Omahto- Use Harmonic And Trade The High Probability Trades.
I am attaching the link for the idea shared to long banknifty.
For Nifty And Banknifty Calls
Contact- 9 3 0 44 0 8 4 9 2
Banknifty support and resistance for tomorrow Market is below the max pain point.
PCR is 1.52 at the time of close, which indicates more put option- over- call option in -ATM strike.
Panic option sellers closed their positions at 33500 to 34000 put option strikes, caused a sharp move on the downside
But there are put option sellers at 32900 to 33400 Put strikes not selling which are in the money now.
We can expect the market to trade the same half range of today at least till 33300 for tomorrow
this is the interpretation that we could arrive with eod OI data.
The Marked levels on chart almost coincides with the OI data for the resistance and for support it has multiple price action reference.
Good price action signals on the marked level can more likely to be a successful trade.
Global market
asia is down , Europe Currently trading in red , US is in mild green
Stay safe!
Banknifty support and resistance for tomorrow DII Started selling the cash market and FII selling the index future. Max Open Interest in Banknifty for the upcoming week is at 34000 which is very close to the current level. This shows that there is very less chances for an upmove tomorrow. But Banknifty is in the middle of our buy or sell level, My opinion looking at price level is natural. Price is at overbought area. So mostly the immediate reaction would be to sell.