Bank Nifty: Thursday - 05/01/23

Levels:
Support: 42950, 42650, 42225
Resistance: 43175, 43400

OI Data:

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Bank Nifty => Price: 42958.8
ATM: 43000 , ITM: 42900, 42800, 42700 , OTM: 43100, 43200, 43300
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Highest OI Call in Bank Nifty per OI data: 43500
Highest OI Put in Bank Nifty per IO data: 43000
Nearest Major Resistance in Bank Nifty per OI data: 43100
Nearest Major Support in Bank Nifty per IO data: 42700
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Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 43050 | 42950 | 43250 | 43400
-----------------------------------------
SELL | < 42850 | 42950 | 42650 | 42500
+++++++++++++++++++++++++++++++++++++++++