Is there any relation between Nifty and Bank Nifty?

Relation between bank nifty and nifty The bank nifty has revealed a link of as much as 0.88 with the nifty. This high level of association reveals that the Niftytrend and the bank nifty will be the same all the time. Traders use this data to analyze mutually the charts.

How do you predict Bank Nifty trend?

Technical factors: Derivative Indicator

1. High Call and Put option OI (Open Interest) of the index: Positional and short term.
2. High Call and Put option OI of HDFC Bank, ICICI Bank, KOTAK Bank, SBI and Axis Bank.
3. Index Future OI and Price movement on weekly and monthly data: Long Buildup, Short Buildup, and Short Covering.

What is difference between bank nifty and nifty bank?

Stock mix of the Bank Nifty Index Being a sectoral index, the Bank Nifty only represents the banking sector; including the private banks and PSU banks. Bank Nifty represents the 12 most liquid and large capitalised stocks from the banking sector which trade on the NSE.

What is the best strategy for bank Nifty?

The stop loss should be placed at the low of the closing candle. Similar to the previous bank nifty option trading [ ]strategy, another bank nifty tip is to place the target at twice the height of the candle. For example, if the candle is 50 units, your target should be set at a hundred.

Is Bank NIFTY more volatile than Nifty?

Compared to Nifty, Bank Nifty is 1.8 times more volatile, hence usually gaps are more common in Bank Nifty than Nifty index. Let’s see how market reacted during gap up days. There are in total 257 times Bank Nifty opened gap up more than +1\% and this is how the Intraday movement were during such days.

How many times Bank NIFTY opened gap up more than +1\%?

There are in total 257 times Bank Nifty opened gap up more than +1\% and this is how the Intraday movement were during such days. X axis represents percentage of gap up and Y axis represents percentage of intraday movement.

How does Nifty react on gap up and gap down days?

So mostly after such gaps up days, market neither moves up or falls down, it stays stagnant. Same as Nifty. With such huge historical data analysis, it is clearly evident how Nifty and Bank Nifty reacts on gap up and gap down days.

What is the difference between Bank NIFTY and F&O stocks?

Bank Nifty also involves weekly expiry in contrast to F&O stocks, which only have monthly expiry. 1. Cumulative Open Interest in options on different strike prices – to find out major support and resistance levels. This helps you to understand the holistic picture as compared to looking at the data of only one week.

https://www.youtube.com/watch?v=40IC15RZ5Mg