Banknifty intraday monthly expiry trading 30-09-2021

 Banknifty 15 minutes a candle view:

1. Nifty bank will be bullish (Thick blue line) when trading above 38100. Let a 15 minutes candle close above 38100, then trade accordingly.

2. Nifty bank will be bearish (Thick red line) when trading below 37700. Let a 15 minutes candle close below 37700, then trade at your own risk because Nifty bank is in bullish mode.

3. Do not trade in the trap zone between 37700 and 38100. Let the Nifty bank move upward within the parallel channel and if crossed 38100, then buy ITM Call i.e. 38000 CE or 38100 CE to get 200 points approx. till 38350 as first target and then 38550 as second target.

 

Banknifty intraday 29-09-2021

Short range trading in Banknifty: Avoid trading today as today will be premium eating day with volatility.

Banknifty intraday 28-09-2021

Banknifty intraday trading:

Banknifty is closed above 38000 levels with a green day candle. It means the Banknifty is ready for the target of 38500 and 39000 in this week.

1. Buy ATM/ITM Call when banknifty moves and crosses the thin blue line, if Banknifty opens flat.

2. Buy ATM/ITM Put when banknifty moves and crosses 37950, if Banknifty opens flat.

3. If Banknifty open gap-up then wait for 15-30 minutes and when the range break either side then buy Call/Put.

Comparison between long position vs. short position

Refer this for more

Trader's Perception in Futures and Options

All Futures and options trading strategies

LONG POSITION	SHORT POSITION
You make money when price goes up.	You make money when price goes down.
You buy an instrument at lower price, which you predict to go up. Then you sell at higher price, if you made expected profit.	You borrow an instrument from broker and sell it, which you predict to go down. Then buy the same instrument to clear/level the account with the broker.
Buy Futures of the Index, Buy Call (CE) options of the Index, Sell Put (PE) options of the Index	Sell Futures of the Index, Sell Call (CE) options of the Index, Buy Put (PE) options of the Index
Buy a stock, Buy Futures of the stock, Buy Call (CE) of the stock, or Sell Put (PE) of the stock	Sell a stock, Sell Futures of the stock, Sell Call (CE) of the stock, or Buy Put (PE) of the stock
You Buy the Futures, Buy Call (CE) options, and Sell PUT(PE) when price goes upwards in fast manner.	You Sell the Futures, Sell Call (CE) options, and Buy PUT(PE) when price goes downwards in fast manner.
When price do not change much, then Sell OTM Call (CE) in Options segment	When price do not change much, then Sell OTM Put (PE) in Options segment

Banknifty intraday 23-09-2021

Banknifty intraday view:

1. Bullish only above 37300 but slow movement is expected for upside. Buy only ITM options for CE/upside.

2. Bearish only below 36900 and expecting a fast movement till 36550 levels. Buy ATM/ITM options for PE/downside.

3. Trap zone between 36900-37300, recommended not to trade in this zone.