Weekly Analysis and Options strategies for 12th November Expiry

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After a highly volatile expiry, you can see volatility is decreasing. In my previous weekly analysis and options strategies posts, I said that high volatility brings new opportunities, but it also brings high risk.

So it’s essential to keep your risk management to the high side when volatility is increased so that you can catch those reasonable and high probability opportunities you will get once volatility starts decreasing.

Do you know? It’s always easy to make money in the trending market. Most of the strategies work very well in a trending market. you will get most of the whipsaws only in the sideways market. That means changes are high to make money in a trending market.

But you can see that instead of making money, people are loosing even in a trending market too. Why are they losing money even there are high chances of making money? A possible reason is not following Risk Management correctly.

In the trending market, you need to focus more on risk management. Everyone is most fascinated by returns. They never focus on how they can minimize their risk. They always try how to make big. We all know that one bad trade wipes out all the profits we have made till now, along with the capital we have deployed too, and It can drag us at the exact point where we have started.

Don’t think that only you are doing this. We made these exact mistakes. Believe me, I too did. Making mistakes is always good but It is important to learn from these mistakes. If you are making mistakes and learning from these mistakes, that means you are on the right track.

So my dear friend, keep one thing in mind. Always focus more and more on risk management. This is the only thing which will help to survive here. And if you manage to survive here, profit will come automatically.

Successful trading is not about making big. It’s all about how to protect yourself from big losses. So again, I’m saying focus more and more on risk management.

Wanted to know how I’m trading and managing my risk? Click on below button.

Nifty weekly analysis and Options strategies

Nifty chart today

After a gap Up opening on Thursday, We can see Nifty is traying to sustain above 12050 which is the crucial level for further upside levels. A sustainable breakout can give us new targets i.e. 12250 & 12450.

On the Downside, 11600 is acting as a strong support level for the coming weekly expiry. Overall Nifty is in a complete UP Trend and there is no sign of weakness.

So do not take any opposite bet in a hope that the market will reverse from here because it’s too high. So focus more and more on Risk management and Follow your trading system with patience and disciplines.

Based on the charts, We can expect 12500 – 11750 as the weekly range of Nifty for coming week.

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Nifty weekly option chain analysis

Nifty weekly option chain analysis

Based on option chain data available at the time of writing this post, the highest Open interest stands at 12200 CE & 12000 PE, followed by 12500 CE & 12100 PE. PCR of all strikes is 1.28, which indicates a slightly overbought market. PCR at 12000 stands at 2.88, which is acting as an immediate support level.

The Put-call ratio at 12300 stands at 0.12, which is acting as a resistance level 1 and 12500 is acting as the resistance level 2 with 0.02 PCR. Equally, important indicator Option Pain is at 12100, indicating weekly expiry at 12100. A shift in option pain will provide further levels of expiry. So keep tracking max pain.

Significant open interest buildup on CALL sides. Indicating good pressure from higher levels. So based on the OI, the possible range for this week should be 11800 – 12500.

Keep tracking change in open interest to analyze market participant’s behavior, so that you can adjust your position accordingly. If you don’t know how to do weekly analysis to find the best Weekly nifty and bank nifty options strategies. Just enroll for our Option Strategies – A Mentorship Program.

Nifty Weekly options Strategies: Iron Condor

Nifty weekly options strategy

Possible adjustments for Nifty options strategies:

Initially, you can keep a stop loss of 11950 & 12450 for this strategy. Means square off if you find nifty is giving a breakout or breakdown. Or you can do this adjustment too. ( Do not hold this strategy is loss is more than 2000₹).

If you find that Nifty is giving a breakdown and sustaining below 11950, then square off call spread and bring it down to 400 points lower levels.

The same thing you can do with put spread means if you got a breakout from 12450. You can shift your put spread to 400 points up.

If you want to learn how to do weekly analysis to find the Weekly nifty options strategies with adjustments in more practical ways with live mentorship, You can enrol in our Option Strategies – A Mentorship Program.

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Bank Nifty weekly analysis and Options strategies

We saw a good rally in last few sessions that helps BankNifty to close above it’s resistance level of 25300. You can see that trend is UP and there is no sign of weakness.

Now on the Higher side, 26400 is the key psychological level that will decide further levels of BankNifty. If BankNifty manages to sustain above this level we may see new Upside targets i.e. 27600 , 28500 and 29200.

On the downside, 23800 to 23200 is acting as a strong support zone. A breakdown will decide further downside levels.

Weekly Bank Nifty options chain analysis

BankNifty weekly option chain

Based on Bank nifty option chain data, the highest Open interest stands at 26500 CE & 26000 PE, followed by 27000 CE & 25500 PE. PCR of all strikes is 1.44, which indicates an overbought zone. PCR at 26000 stands at 10, which is acting as an immediate support level.

The Put-call ratio at 27000 stands at 0.08, which is acting as a resistance level. Equally, important indicator Option Pain is at 26300, indicating weekly expiry at 26300. A shift in option pain will provide further levels.

If you don’t know how to do the weekly analysis to find your bank nifty options strategies, Just enroll for our Option Strategies – A Mentorship Program.

BankNifty weekly option Strategy: Iron Condor

BankNifty weekly option Strategy

Possible adjustments for Bank nifty weekly options strategies:

Possible adjustments for this weekly Bank Nifty option Strategies are:

  1. Follow a stop-loss if the max loss is above 2000₹, close this strategy.
  2. If you find that Bank Nifty gives a breakdown and sustaining below 25400, then shift your Call spread to 1000 points down. The same thing you can do with put spread means if you got a breakout from 27600. You can shift your put spread to 1000 points up.

If you want to learn these bank nifty option strategies with adjustments in more practical ways with live mentorship, You can enroll in our Option Strategies – A Mentorship Program(Festive offer is live).

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Post your comments in the comment box if you have a query related to the weekly analysis and Best Nifty and Bank Nifty options Strategies. You can ask any question related to option trading in the comment box.

If you need More real-time assistance on how to find the Nifty and Bank nifty options strategies, Can take our premium subscription or open a trading account with us and you will get real-time assistance every month on the weekly analysis with Nifty and bank nifty options trading strategies. You can contact us on WhatsApp

*( Please avoid any question like which Call or Put we should buy in the coming week).


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DISCLAIMER: – we are not a SEBI research analyst. Views or the weekly analysis with nifty and bank nifty options trading strategies posted here only for educational purposes. There is no liability whatsoever for any loss arising from the use of this product or its contents. This product is not a recommendation to buy or sell, but rather a guideline to interpreting specified analysis methods.  This information should only be used by investors and traders who are aware of the risk inherent in securities trading.

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