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manojshinde27
Jan 18, 2023 11:20 AM

Banknifty Confirm Targets For Expiry  Long

Nifty Bank IndexNSE

Description

Pivot Levels For Banknifty Trading


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 – 42400
PCR ratio as per Option Chain Analysis – 1.06 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 42000
Major Resistance as Per Banknifty Open Interest Analysis – 42700
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