manojshinde27

NiftyBank  One Hour Chart Analysis with Target

NSE:BANKNIFTY   Nifty Bank Index
Banknifty Up and Down Side Confirm Targets For Friday F&O Trading

Down Side Targets For Banknifty
First Support Zone For BankNifty –          ( 43103 - 43116)
Second Support Zone For BankNifty –     ( 42912 -42927 )
Third Support Zone For Banknifty   -      (  42770 -42785 )

Up Side Banknifty Targets
First Resistance  Zone For BankNifty –          ( 43277 -43257 )
Second Resistance  Zone For BankNifty  -      (  43478 - 43450 )
Third  Resistance  Zone For BankNifty  -           (  43512 - 43596 )     New All time High

Signal By Banknifty Data Analysis
Max Pain As per Option Chain Analysis –  43200
PCR ratio as per Option Chain Analysis –  0.8  ( Bearish )
Major Support as Per Banknifty Open Interest Analysis –  43000
Major Resistance  as Per Banknifty Open Interest Analysis –   43500 


                                                                                           

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