BN nifty taking support at monthly cpr
Discussion about Banknifty direction, support, resistances, breakouts, volumes, etc34 followers2 questions22 posts
Discussion about Banknifty direction, support, resistances, breakouts, volumes, etc
For Selling Index Options, there is no limit and you can sell Far OTM contracts whereas for Buying Index options maximum strike price range allowed is 20% of the CMP/LTP of the respective indices.
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Here are some interesting observations on the ratio chart of Bank Nifty to Nifty:
- The ratio has taken support just below the 0.618 Fib retracement
- The ratio has taken support at the prior support confluence zone
- There is a double... (More)