cvsk123

cvsk123

BANK NIFTY ATM Straddle 38000 CMP is 1425 The long straddle is not a good idea. bcz it has to move 4% for break-even and one day to expiry As per the chart, NSE:BANKNIFTY has to close decisively above 38400 for 38800 and 39400 Levels, it has to close below 37600 for 37200 and 36600 levels.

cvsk123

Nifty: ATM Straddle Price is 470 Rs. We have just 2 days to expiry. Price is very high bcz of the event and Hight IV. once after the event IV will crash and those who is having a short straddle will have a break-even at 2.75% ie upside 17825 Upside and 16875 Donside. There is huge call writing in near strikes 17300, 17400, 17500 Calls and 17800. But downside...

cvsk123

Nifty IT at Make or Break level. If this level holds it can support Nifty as well.

cvsk123

FMCG index at support zone. can expect some bounce from here.

cvsk123

Good tread line Break Out. Perfect swing trade setup. SL 2580

cvsk123

Possible levels - Bank Nifty for 15th APR:- Resistance :- 32,350/ 32,700 / 32,890 / 33,280 /33594 Support:- 31890/ 31257/ 30550/ 30172/ 29800 As per Open Intrest Max Pain is at 31500

cvsk123

Possible levels bank nifty for 9th APR:- Clearly forming lower Highs Resistance :- 32,870 / 33,280 / 33,600 / 34000 Support:- 32,670 / 32,380/ 32150/ 31890

cvsk123

Nifty Analysis Possible Support or Resistance levels R: 14970/15040/15196 S: 14800/14740/14660/14480