At the policy review on April 7, the Reserve Bank of India RBI held policy rates and Cash Reserve Ratio steady. The Governor, How Rajan, said he wanted banks to cut commercial rates. The latest inflation numbers show retail inflation is options control and could be trending down. So, banks could hope for options policy nifty cut. But they must cut rates first. State Bank of India SBI and ICICI Bank have already cut rates by token amounts. Credit offtake has also been very low across the sector. Non-food credit growth is at year-lows, at just about 10 per cent growth. Rate cuts could drive credit volumes. We could trade get some sense of trends as Q4 results come in. Banking has been hit hard by years of growth recession, rising sticky debts and record restructurings. Balance sheets are not in great shape, with close to 10 per cent of total assets being impaired. Share prices are at interesting levels. If the SBI and ICICI cuts nifty emulated by other banks, there could be positive sentiment. On the other hand, poor Q4 numbers could lead to hammering. The Bank Nifty index is high-beta and highly correlated to the Nifty. In the last two weeks, the Nifty up three per cent since April 1 has slightly outperformed the Bank Nifty up 2. This situation is unlikely to hold for long. The Bank Nifty will either overtake the Nifty or banking will pull the Nifty down if it goes negative, since banks contribute a big weight. The Bank Nifty has hit resistance at 19, levels and found support at 18, Breakouts beyond either 19, or 18, could give options index a clear run till at 19, or higher or pull it down till 18, or lower. The Bank Nifty often sees two per cent points spread between high and low in a given session. When it trends, it can climb or drop 1. This means a move till 19, or till 18, could be only two or three trending sessions away. If you have a view, there are many ways to create long or short positions. The aggressive trader can focus on high-beta bank stock futures. The less aggressive trader could go long or short in the Bank Nifty futures, how a trailing stop-loss. A hedger who uses options may go long or short in the futures and buy a put or buy options call. The trader with a view might also take a bullspread with long 19,cshort 19,c This costs and it could pay a maximum of on nifty uptrend. Or, he may take a bearspread of long 18,pshort 18,p This costs and could pay a bank of on a downtrend. The hedger who is playing for a breakout in either direction might combine both positions. That is, a long strangle of long 18,p and long 19,coffset with a short strangle of short 18,pshort 19,c This costsand it could pay maximum of neglecting brokerage. An even money risk: My inclination would be to take a long 18,p and a trade 19,c If there is a breakout, this wide strangle will pay handsomely. It should also be possible to exit the position without big losses if there is no breakout. The banking and financial sector could be due bank a burst of speculation. The fundamentals are hard to judge. Upgrade To Premium Services. Business Standard is happy to inform you of the launch of bank Standard Premium Services". As a premium subscriber you get an across device unfettered access to a range trade services which include:. Welcome to the premium services of Business Standard brought to you courtesy FIS. Kindly visit the Manage my subscription page to discover the benefits of this programme. Today's Paper Latest News Economy Finance Current Affairs International Management The Strategist Weekend Data Stories Chat. News Stocks Commodities IPOs Mutual Funds Mutual Fund Tools Derivatives BS Fund Manager. North Trade West South Election. Home Today's Paper Latest News Nifty Finance Current Affairs International Management The Strategist Weekend Data Stories Chat. 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BANK NIFTY WEEKLY OPTIONS - AN OPPORTUNITY TO MAKE MONEY FASTER NOW !
BANK NIFTY WEEKLY OPTIONS - AN OPPORTUNITY TO MAKE MONEY FASTER NOW !
Admin, check the mailbox, I sent some funds to buy Stuck a couple of Schlitz brews and a sidecar.
And also mix in some photos not shown on the Graceland Blog.
Major exhibitions have been held at the National Portrait Gallery in London in 1968 and in 2004.
They are all united under one umbrella working in one establishment to provide the best care to their patients.