ЁЯз╡*Weekly Bank Nifty Analysis for 7th Oct Expiry* ЁЯз╡

To form a view, let's have a look at both:
1. Technicals
2. Data

Also, 3 strategies to deploy for:
1. Aggressive Traders
2. Moderate Risk Traders
3. Low-Risk Traders

1. Technicals

Let's start with technicals. We'll look at -
1. Daily charts.
2. Hourly / 60 min charts.
3. 15 min charts.

Formed an indecisive candle on the daily timeframe right at support. Unless we sustain below 36900 for 15 mins, the probability of a bounce is high.
2. 15 min charts.

Above Friday's High on 15 min charts, if we sustain that level for 15 mins can sell strangles.

If we gap down on Monday, only selling calls would be a good idea as the probability of the market going below 36900 would increase.
3. Hourly / 60 min charts.

On hourly charts, wait for a 1 hour close above 37900 levels to again look for Future buy opportunities.

The structure of Lower high and lower low will change to a higher high here.
Option chain data.

Shows a stiff resistance at 38000 levels. There was an addition in put writing at 37000 levels, expecting them to run for cover if 36900 breaks.

Positions haven't been built a lot so best is to wait for a day or two.
Strategies to deploy?

1. Aggressive Traders

Can sell 37500 calls if market sustains below 36900 for 15 mins.

Should get around 100-150 rs for your sold call that time.

ROI is around 2.5%.
2. Moderate Risk Traders

Expecting all puts below 36200 to expire at 0 & Calls above 38500 to expire at zero too.

If the market sustains 15 mins above Friday High can sell strangles of 36200 and 38400.

ROI is approximately 1.8%.
3. Low-Risk Traders

Sell puts below 35800 and calls above 38700.

I have chosen a strangle of 35600 and 38900 for you. Fetches you approximately 1% ROI.

You guys should be targeting 2% per month and playing far away from spot levels of BNF.

4 expires per month to make 0.50%.
Let us see how this analysis plays out, if you have other ideas on how to trade this week let me know in the comments.

Good luck! ЁЯШБтЬМя╕П

More from Aditya Todmal

TradingView isn't just charts

It's much more powerful than you think

9 things TradingView can do, you'll wish you knew yesterday: ЁЯз╡

Collaborated with @niki_poojary

1/ Free Multi Timeframe Analysis

Step 1. Download Vivaldi Browser

Step 2. Login to trading view

Step 3. Open bank nifty chart in 4 separate windows

Step 4. Click on the first tab and shift + click by mouse on the last tab.

Step 5. Select "Tile all 4 tabs"


What happens is you get 4 charts joint on one screen.

Refer to the attached picture.

The best part about this is this is absolutely free to do.

Also, do note:

I do not have the paid version of trading view.


2/ Free Multiple Watchlists

Go through this informative thread where @sarosijghosh teaches you how to create multiple free watchlists in the free


3/ Free Segregation into different headers/sectors

You can create multiple sections sector-wise for free.

1. Long tap on any index/stock and click on "Add section above."
2. Secgregate the stocks/indices based on where they belong.

Kinda like how I did in the picture below.

More from Optionslearnings

A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.

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The chorus of this song uses the shlokas taken from Sundarkand of Ramayana.

It is a series of Sanskrit shlokas recited by Jambavant to Hanuman to remind Him of his true potential.

1. рдзреАрд╡рд░ рдкреНрд░рд╕рд╛рд░ рд╢реМрд░реНрдп рднрд░рд╛: The brave persevering one, your bravery is taking you forward.


2. рдЙрддрд╕рд╛рд░рд╛ рд╕реНрдерд┐рд░рд╛ рдШрдореНрднреАрд░рд╛: The one who is leaping higher and higher, who is firm and stable and seriously determined.

3. реБрдЧреНрд░рд╛рдорд╛ рдЕрд╕рд╛рдорд╛ рд╢реМрд░реНрдпрд╛ рднрд╛рд╡рд╛: He is strong, and without an equal in the ability/mentality to fight

4. рд░реМрджреНрд░рдорд╛ рдирд╡рд╛ рднреАрддрд┐рд░реНрдорд╛: His anger will cause new fears in his foes.

5.рд╡рд┐рдЬрд┐рдЯрд░реАрдкреБрд░реБ рдзреАрд░рдзрд╛рд░рд╛, рдХрд▓реЛрдерд░рд╛ рд╢рд┐рдЦрд░рд╛ рдХрдареЛрд░рд╛: This is a complex expression seen only in Indic language poetry. The poet is stating that Shivudu is experiencing the intensity of climbing a tough peak, and likening

it to the feeling in a hard battle, when you see your enemy defeated, and blood flowing like a rivulet. This is classical Veera rasa.

6.рдХреБрд▓рдХреБ рдерд╛рд░рдерд┐рд▓реАрдерд╛ рдЧрдореНрднреАрд░рд╛, рдЬрд╛рдпрд╛ рд╡рд┐рд░рд╛рдЯ рд╡реАрд░рд╛: His rough body itself is like a sharp weapon (because he is determined to win). Hail this complete

hero of the world.

7.рд╡рд┐рд▓рдпрдЧрд╛рдЧрдирдерд╛рд▓рд╛ рднрд┐рдХрд╛рд░рд╛, рдЧрд░рдЬреНрдЬрджреНрдзрд░рд╛ рдЧрд╛рд░рд╛: The hero is destructive in the air/sky as well (because he can leap at an enemy from a great height). He can defeat the enemy (simply) with his fearsome roar of war.
рдХреБрдВрдбрд▓реА рдореЗрдВ 12 рднрд╛рд╡ рд╣реЛрддреЗ рд╣реИрдВред рдХреИрд╕реЗ рдЬреНрдпреЛрддрд┐рд╖ рджреНрд╡рд╛рд░рд╛ рд░реЛрдЧ рдХреЗ рдЖрдВрдХрд▓рди рдХрд░рддреЗ рд╕рдордп рдХреБрдВрдбрд▓реА рдХреЗ рд╡рд┐рднрд┐рдиреНрди рднрд╛рд╡реЛрдВ рд╕реЗ рдЧрдгрдирд╛ рдХрд░рддреЗ рд╣реИрдВ рдЖрдЬ рдЗрд╕ рдкрд░ рдЪрд░реНрдЪрд╛ рдХрд░реЗрдВрдЧреЗред
рдХреБрдгреНрдбрд▓реА рдХреЛ рдХрд╛рд▓рдкреБрд░реБрд╖ рдХреА рд╕рдВрдЬреНрдЮрд╛ рджреЗрдХрд░ рдЗрд╕рдореЗрдВ рд╢рд░реАрд░ рдХреЗ рдЕрдВрдЧреЛрдВ рдХреЛ рд╕реНрдерд╛рдкрд┐рдд рдХрд░ рдЙрдирд╕реЗ рд░реЛрдЧ, рд░реЛрдЧреЗрд╢, рд░реЛрдЧ рдХреЛ рдмрдврд╝рд╛рдиреЗ рдШрдЯрд╛рдиреЗ рд╡рд╛рд▓реЗ рдЧреНрд░рд╣


рд░реЛрдЧ рдХреА рд╕реНрдерд┐рддрд┐ рдореЗрдВ рдЙрддреНрдкреНрд░реЗрд░рдХ рдХрд╛ рдХрд╛рд░реНрдп рдХрд░рдиреЗ рд╡рд╛рд▓реЗ рдЧреНрд░рд╣, рдЖрдпреБрд░реНрд╡реЗрджрд┐рдХ/рдРрд▓реЛрдкреИрдереА/рд╣реЛрдорд┐рдпреЛрдкреИрдереА рдореЗрдВ рд╕реЗ рдХреМрди рдХрд╛рд░рдЧрд░ рд╣реЛрдЧрд╛ рдЗрд╕рдХрд╛ рдЖрдБрдХрд▓рди, рд░рдХреНрдд рд╡рд┐рдХрд╛рд░, рд░рдХреНрдд рдФрд░ рдЖрдкрд░реЗрд╢рди рдХреА рд╕реНрдерд┐рддрд┐, рдХреМрди рд╕рд╛ рдЖрдВрддрд░рд┐рдХ рдпрд╛ рдмрд╛рд╣рд░реА рдЕрдВрдЧ рдкреНрд░рднрд╛рд╡рд┐рдд рд╣реЛрдЧрд╛ рдЗрддреНрдпрд╛рджрд┐ рдЧрдгрдирд╛ рдХрд░рдиреЗ рдореЗрдВ рдХреБрдВрдбрд▓реА рдХрд╛ рдкреНрд░рдпреЛрдЧ рдХрд┐рдпрд╛ рдЬрд╛рддрд╛ рд╣реИред


рдореЗрдбрд┐рдХрд▓ рдЬреНрдпреЛрддрд┐рд╖ рдореЗрдВ рдЖрдЬ рдХреЗ рд╕рдордп рдореЗрдВ Dr. K. S. Charak рдХрд╛ рдирд╛рдо рдирд┐рд░реНрд╡рд┐рд╡рд╛рдж рд░реВрдк рд╕реЗ рдкреНрд░рдердо рд╕реНрдерд╛рди рд░рдЦрддрд╛ рд╣реИред рдЙрдирдХреА рд▓рд┐рдЦреА рдХрдИ рдкреБрд╕реНрддрдХреЗрдВ рдЖрдЬ рдЗрд╕ рдХреНрд╖реЗрддреНрд░ рдореЗрдВ рдирдП рдЬреНрдпреЛрддрд┐рд╖реЛрдВ рдХрд╛ рдорд╛рд░реНрдЧрджрд░реНрд╢рди рдХрд░ рд░рд╣реА рд╣реИрдВред
рдкреНрд░рдердо рднрд╛рд╡ -
рдЗрд╕ рднрд╛рд╡ рд╕реЗ рд╣рдо рд╡реНрдпрдХреНрддрд┐ рдХреА рд░реЛрдЧрдкреНрд░рддрд┐рд░реЛрдзрдХ рдХреНрд╖рдорддрд╛, рд╕рд┐рд░, рдорд╖реНрддрд┐рд╕реНрдХ рдХрд╛ рд╡рд┐рдЪрд╛рд░ рдХрд░рддреЗ рд╣реИрдВред


рджреНрд╡рд┐рддреАрдп рднрд╛рд╡-
рджрд╛рд╣рд┐рдирд╛ рдиреЗрддреНрд░, рдореБрдЦ, рд╡рд╛рдгреА, рдирд╛рдХ, рдЧрд░реНрджрди рд╡ рдЧрд▓реЗ рдХреЗ рдКрдкрд░реА рднрд╛рдЧ рдХрд╛ рд╡рд┐рдЪрд╛рд░ рд╣реЛрддрд╛ рд╣реИред
рддреГрддреАрдп рднрд╛рд╡-
рдЕрд╕реНрдерд┐, рдЧрд▓рд╛,рдХрд╛рди, рд╣рд╛рде, рдХрдВрдзреЗ рд╡ рдЫрд╛рддреА рдХреЗ рдЖрдВрддрд░рд┐рдХ рдЕрдВрдЧреЛрдВ рдХрд╛ рд╢реБрд░реБрдЖрддреА рднрд╛рдЧ рдЗрддреНрдпрд╛рджрд┐ред

рдЪрддреБрд░реНрде рднрд╛рд╡- рдЫрд╛рддреА рд╡ рдЗрд╕рдХреЗ рдЖрдВрддрд░рд┐рдХ рдЕрдВрдЧ, рдЬрд╛рддрдХ рдХреА рдорд╛рдирд╕рд┐рдХ рд╕реНрдерд┐рддрд┐/рдкреНрд░рдХреГрддрд┐, рд╕реНрддрди рдЖрджрд┐ рдХреА рдЧрдгрдирд╛ рдХреА рдЬрд╛рддреА рд╣реИ


рдкрдВрдЪрдо рднрд╛рд╡-
рдЬрд╛рддрдХ рдХреА рдмреБрджреНрдзрд┐ рд╡ рдЙрд╕рдХреА рддреАрд╡реНрд░рддрд╛,рдкреАрда, рдкрд╕рд▓рд┐рдпрд╛рдВ,рдкреЗрдЯ, рд╣реГрджрдп рдХреА рд╕реНрдерд┐рддрд┐ рдЖрдВрдХрд▓рди рдореЗрдВ рдкреНрд░рдпреЛрдЧ рд╣реЛрддрд╛ рд╣реИред

рд╖рд╖реНрда рднрд╛рд╡-
рд░реЛрдЧ рднрд╛рд╡ рдХрд╣рд╛ рдЬрд╛рддрд╛ рд╣реИред рдХреБрдВрдбрд▓реА рдореЗ рдЗрд╕рдХреЗ рддрддреНрдХрд╛рд▓рд┐рдХ рднрд╛рд╡ рд╕реНрд╡рд╛рдореА, рдХрд╛рд▓рдкреБрд░реБрд╖ рдХреБрдВрдбрд▓реА рдХреЗ рд╕реНрд╡рд╛рдореА, рджреГрд╖реНрдЯрд┐ рд╕рдВрдмрдВрдз, рд░реЛрдЧреЗрд╢ рдХреА рд╕реНрдерд┐рддрд┐, рд░реЛрдЧреЗрд╢ рдХреЗ рдирдХреНрд╖рддреНрд░ рдФрд▒ рд░реЛрдЧреЗрд╢ рд╡ рднрд╛рд╡ рдХреА рдбрд┐рдЧреНрд░реА рдЗрддреНрдпрд╛рджрд┐ред