Banknifty Option Buying

Nifty & Bank Nifty discussions
1

I want to trade in banknifty options especially below 50 rs LTP scripts. How to trade with high accuracy ? Using only fundamental knowledge, technical analysis gives fake signals.

2

Trading in banknifty options below 50 rs ltp is like gambling, no fundamental knowledge as such exits for this.

3

Than how to trade in banknifty with high accuracy ? Please help me…

4
  1. Learn basics of option trading
  2. Learn diff. strategies to apply according to market mood
  3. Basic Idea of technical, Like support and resistance
  4. Look at Put/Call ratio and OI change
  5. Market Direction.
  6. Hedging

This looks a lot, but trust me it will not take more than 1 week to learn everything.

Use Zerodha’s https://zerodha.com/varsity/ to learn.

5

How can option price be at discount or at par
?

Today time 1.18 pm .

Banknifty underlying @ 35900 . And .
15 july expiry banknifty 35600CE @298 .

How is this possible ?