BankNifty Update

Banknifty has tried to move upwards, Hdfcbank and kotak bank are bit reluctant to move upside, global markets are up as of now, need to close as they started, they are up after long week of downside

My View-Which could be wrong, sense, monday going to be big trend day on upside

Sagar U.S

BankNifty 29June 2018 Update


BankNifty Futures Trading at 26360 at 10.30 am, This level is a  make or break level for the bulls for the coming few days, if it sustains above these on the closing basis for next few trading session, markets may edge towards 26570-26660-26720-70-26880-26960 for the coming weekly expiry.

Bears should protect 26490 for the week on the closing basis if they BNF may retest the levels of  26360-26250-26120-25980-20.

Drawdown depends upon global markets, they have corrected for last few weeks, if they see a downside for the next week too, Our markets could be in a  free fall mode. If they take support, we will skyrocket for next few days.

Today I would track 26500 call options trading now at 132, it should not trade below 120 , for at least 1 hour, if it trades above, we could see 160-190-220.

Trade less -Trade form Savings money

All the best

Sagar U.S




BankNifty 28th June Expiry Update

BankNifty Trading at 26420, at 10.40 AM, Markets are trading flat with downside spike and upside spike in the first hour of the trade.

Magic Number is 26490 for the day – Above that sustains by 2-3 PM, we could see the close somewhere between 26620-26660.

Another Scenario, if it trades above 26660 by 2.40 PM, then 26770-26880, unlikely, but nothing can be predicted, anything can happen in markets.

Magic Number 26360- below that sustains by 2-3PM, we could see the close somewhere between 26250-26120.

Another Scenario, if it trades below 26250 by 2.40 PM, then 26120-26060. anything can happen in markets

If BNF  trading majority of the time between the range of 26360-26490 till 2.40-3 PM.No trade zone.

Survive for the day is the rule.

Looking 26400-call options

26500 -put options

26400 call should trade above 40 by 2.55 pm or else “0” if trading ONLY above 90-120-140-180-220-260

26500 put should trade above 15 by 2.55pm or else “0” if trading ONLY above 140-250-320-380

Trade less-Trade from savings money

All the best

Sagar U.S

BankNifty Update for the day 27June 2018

BankNifty trading at 26530 now at 10.55 am, Global markets are in sell-off mode from last week, our markets i.e Index are not able to slide down, nor able to sky up too.

Would be keeping an eye at European markets how they open and trade in the afternoon.

Our Markets BNF important number for the day is 26470 -440 on the downside

On Upside 26660-26720 on the upside

How they breakout this range and if they,  would they sustain that level or recover from that level is what we need to watch and strategize our trade

Let’s see what markets want to do, we shall follow our strategy.

Would be looking 26500 Call Option – trading now at 120

40-90-160 is the range for the day. 70 is the midpoint -anything above 70 by second-half i.e 2-2.45pm  -it would recover to 120-160.

On the downside 26500 Put option -trading now at 95

60-140 is the range for the day.  Anything above 140-170, if markets free fall, we could see 220-280 by tomorrow

Below 100 by 2-2.45 pm -we could see 60-40 for the day.

Usually second half, before the expiry day – one-sided movement, let us see what happens and which side.

Trade less from savings money

All the Best

Sagar U.S

BankNifty Update for the day 26th June18

BankNifty trading at 26550 10.50 AM, Markets have opened gap down, the Important number for the day is 26440 and 26660

Above 26440-26570-26660-26770

Below 26470-26360-26250-26120

Need to know how European markets trade today by 2 pm.

If they stabilize from the previous fall and trade positive,we could recover or else we may sell off in second off the session.

Would be tracking 26500 Call Option – Range for the day would be 140-240, trading now at 175.Above 140-220-270.Below 120-70-30

70 is the very important number for 26500 call option for the coming days.

Would be tracking 26500 Put Option-Range for the day would be 80-140, trading now at 110. Above 140-220-250.Below 100-70-30

30 is the very important number for 26500 put option for the coming days.

Let us have great tradings – Position Size is important than analysis

Trade less -Trade from Savings Money- All the Best

Sagar U.S

Bank Nifty Update for the day 25 June 2018

Bank Nifty is trading at 26740 at 10.54 AM, the Very Important number for the day is 26770. If it holds till 2 PM and breaks above and stays for more than 15 minutes ,we could see 26880 and 26960.

Suppose if BNF trading below 26770 by 2 pm to 2.40 pm, we could see bnf closing at the range of 26660-26620.

if fierce selling happens below that before 2.40 pm ,we could see 26540 by the close.

Markets can’t be predicted. It should be followed .

Would be tracking Options Strike Price of 26500 Call and 26500 Put for the day .

Put has to trade above 60-70  for the day

Call has to trade above 270 for the day .340 and 380 is the key resistance -Current price is 319 10.53 AM.

All the best .Trade from Savings and trade less

Sagar U.S

BankNifty 21st June 2018 Update

Today is Weekly Expiry in BNF. Getting  ready for another rollercoaster day

Strategy for the day -which needs to be executed

BNF Closed at 26558, Bulls number is 26470 – 26440 &  Bears number is 26250-26220

Above these levels, respective participants will have the upper hand

Would be tracking 26500 & 26600 calls & 26700 & 26600  Puts

Numbers to track above 26570-26660-26770-26880-26960

Below 26470-26440-26350-26250

Would keep an eye only ABOVE theses levels

26600 call option – ONLY above 60-120-170-240-280-320-360

26600 put option -ONLY above 130-170-230-270

All the best -Trade less & Trade from Savings money

Sagar U.S