My market Views

Well-Known Member
As per Nifty futures based on Open Intrest longs are being wind up in the last two days, but in BankNifty futures additional longs are added, so if Nifty goes up above 10400-10420( resistance) it will depend on BankNifty's strength.lets see how its progress.....

Well-Known Member
Tomorrow BankNifty weekly expiry, iam expecting a movement of 300 points by expiry in Banknifty. Currently its trading at 25270 (spot). So if i buy 24400 call option around 50 and 24100 put option around 35, net cost for me (50+35) Rs 3400.

If BankNifty moves as i expected i will gain, if continues in a range then i will loose.

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