Long

Bank Nifty: Wednesday - 11/01/23

Levels:
Support: 41880, 41600, 41300
Resistance: 42200, 42600, 42725

OI Data:

---------------------------------------------------------------------|
Bank Nifty => Price: 42014.75
ATM: 42000 , ITM: 41900, 41800, 41700 , OTM: 42100, 42200, 42300
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 43000
Highest OI Put in Bank Nifty per IO data: 42000
Nearest Major Resistance in Bank Nifty per OI data: 42200
Nearest Major Support in Bank Nifty per IO data: 41600
---------------------------------------------------------------------|

Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 42200 | 42100 | 42400 | 42500
-----------------------------------------
SELL | < 41850 | 41950 | 41700 | 41600
+++++++++++++++++++++++++++++++++++++++++

pradipandsuvra

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