Banknifty Price Action Trading Strategy
Support Zones
Frist Support Level For Buying - 41921 - 41951
Second Support Level For Buying - 41645 - 41690
Third Support Level For Buying - 41365 - 41395
Resistance Zones
First Resistance Level For Selling - 42360 -42390
Second Resistance Level For Selling - 42870 -42900
Third Resistance Level For Selling - 42900 -43140
Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42300
PCR ratio as per Option Chain Analysis – 0.99 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 42300
Major Resistance as Per Banknifty Open Interest Analysis – 42500
Support Zones
Frist Support Level For Buying - 41921 - 41951
Second Support Level For Buying - 41645 - 41690
Third Support Level For Buying - 41365 - 41395
Resistance Zones
First Resistance Level For Selling - 42360 -42390
Second Resistance Level For Selling - 42870 -42900
Third Resistance Level For Selling - 42900 -43140
Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42300
PCR ratio as per Option Chain Analysis – 0.99 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 42300
Major Resistance as Per Banknifty Open Interest Analysis – 42500