BankNifty Curiosity 2019 April 25th Expiry

Bank Nifty has closed at 29687 on Monday 22nd April 2019

I would be tracking 30000 call options monthly

Magic Number is 130 ,260,340,480

Below 80 danger signal up to 40 and 25

Below 25 by 2.40 pm to 3.02 pm on Thursday

Game over for 30000 call options bulls

Close below 80 on Tuesday and Wednesday will make bulls nervous and eventually they are out

But markets are expect the unexpected

If they are below 25 for 2 hours to 3 hours ,it’s confirmation that they are out of the contest

But any favourable news on afternoon of Expiry day – strategies change keep in mind |

Coming to Put Options

29500 Monthly

Magic Number is 170 ,240-270,330-370-410

Below 100 danger signal,below 40 game over for 29500 put options

Close below 170 on Tuesday and Wednesday gives a clue, bears are not yet ready

But they are very much in the game !

Be Careful on Expiry week

This options trading is only for professionals ,who are in markets for more than few years

First ,make profits in equities for few years consistently, then enter options markets

Let’s see what markets does

I change my opinion in a blink of an eye

Disclaimer-Its not a recommendation

Trade less

Trade from Saving money

Sagar U.S

Stocktale

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