General Trading Chat

[tradermodified]

BN

Secondly
on staying above 42000, think of 45000 levels sooner or later.
ltp 43621

 

[Nish]

A WRB in banknifty after a long time, and low vix. Is it a fresh upmove ?

View attachment 48569

If stays abv ydays high , they may be bullish - I guess !

 

[timepass]

Let's see how One97 behaves after this news item :

Paytm can't use IPO proceeds for buyback; firm's liquidity to be used: Report

https://www.livemint.com/market/sto...quidity-to-be-used-report-11670737037344.html

 

[timepass]

Good news for SBI account holders.

Rate hikes. SBI sharply hikes term deposit rates
https://www.thehindubusinessline.co...-hikes-term-deposit-rates/article66256164.ece

Now maybe the other banks will follow

 

[timepass]

Now banknifty options are behaving like vix > 20

 

[Nish]

Now banknifty options are behaving like vix > 20

Personally staying away from BN options currently. .. Ca'nt afford costly CEs as BN is going up only !
No sense in buying PEs.

Playing with N options - Buy on Dips and Sell on rise ! Atleast some intra gains are visible !
Even intraday in cash section is ok - like todays LICHsgFin move !

 

[timepass]

Too much discount in BN puts, even for the expiry day. Maybe one should think of the monthly

 

[timepass]

Looks like H&S in Banknifty 5 min with about 120 pts depth

 

[timepass]

banknifty has repeatedly found support near 43000 for 3 weeks now

 

[timepass]

Covid again ?

Crematoriums overburdened, million deaths forecast: China's Covid woes ring alarm bells globally
https://www.indiatoday.in/coronavir...-cases-crematoriums-deaths-2311127-2022-12-19