Nifty 50 – Bank Nifty Strategy – 14th January – 18th January 2019 – Option Chain Analysis
In this Nifty chart & Bank Nifty chart Option chain analysis video I have discussed about Open Interest in Indian Stock Markets.
I have taken up How to Assess Open Interest through Option Chain Analysis and shown how to interpret Open interest in stock market. I have also shared details of Option Trading video that I had released last week along with Setting up Market Profile charts in a cost effective manner. Link to both these Trading videos is given below.
After Open Interest Analysis segment, I then move to discussing Trading Psychology concept. Open Interest Analysis and Trading Psychology are two new segments in Nifty 50 and Bank Nifty Analysis video.
Under Trading Psychology segment, I have covered the concept of Spacing Effect wherein I show how to learn a new Trading concept effectively to apply it in real time to gain more Trading profits. This concept can also be used to learn new Nifty trading strategy and Bank Nifty strategy.
After the Trading Psychology segment, I then move to Nifty 50 and Bank Nifty Technical Analysis for the week. I have shown Nifty Market Profile and Bank Nifty Market Profile chart for the week wherein I have explained now Nifty 50 remains in a range of 10500 and 11000. Something similar we had seen in Open Interest Analysis of Nifty 50.
I have also covered Price Action of Nifty 50 and Bank Nifty to update on price structure charts that we have been covering over the last few weeks. Nifty 50 is still whipsawing around the 200 Day moving average whereas Bank Nifty is now trading above it for 24th straight session.