BankNifty 28 Oct Option Put 52100 may go to ₹50 if not break ₹10 | Technical & Psychological Analysis
đ Blog Title: BankNifty 28 October Option Put 52100: Can It Reach ₹50 if It Holds Above ₹10? --- đ§ Introduction The Indian stock market is not just a platform for investors; it is a living, breathing organism that reflects human emotions, fear, greed, and hope. Among the most volatile and action-packed segments of the market is the BankNifty Options segment. Traders around India — from small retail participants to institutional giants — actively track its movement. Today’s focus is on one particular derivative: BankNifty 28 October Option Put 52100, which, according to the observation, may go up to ₹50 if it does not break ₹10. This statement may sound simple, but behind it lies deep technical logic, price behavior, and psychology of market participants. Let’s explore this in detail. --- đ Understanding BankNifty Options BankNifty represents the performance of 12 leading banking stocks in India, including HDFC Bank, ICICI Bank, SBI, Axis Bank, and others. Because banks h...