pradipandsuvra

Bank Nifty: Thursday - 09/03/23

Long
NSE:BANKNIFTY   Nifty Bank Index
Levels:
Support: 41400, 41300, 41200, 40900, 40700-40650
Resistance: 41650, 41800, 41900, 42000

OI Data:

---------------------------------------------------------------------|
Bank Nifty => Price: 41577.1
ATM: 41600 , ITM: 41500, 41400, 41300 , OTM: 41700, 41800, 41900
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 42000
Highest OI Put in Bank Nifty per IO data: 41000
Nearest Major Resistance in Bank Nifty per OI data: 41900
Nearest Major Support in Bank Nifty per IO data: 41100
---------------------------------------------------------------------|


Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41650 | 41550 | 41850 | 42000
-----------------------------------------
SELL | < 41500 | 41600 | 41350 | 41200
+++++++++++++++++++++++++++++++++++++++++

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.