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manojshinde27
Dec 14, 2022 12:07 PM

Banknifty Possible Trade For Tomorrow  Short

Nifty Bank IndexNSE

Description

NiftyBank Low Capital Trading Strategy December


Support Zones For Banknifty Intraday Trading
First Support Zone For Banknifty – 43973 - 43985
Second Support Zone For Banknifty – 43807 - 43820
Third Support Zone For Banknifty – 43665 - 43681

Resistance Zones For Banknifty Intraday Trading
First Resistance Zone For Banknifty – 44155 - 44135 - New All Time High


Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 44000
PCR ratio as per Option Chain Analysis – 1.23 ( Bullish/Overbought )
Major Support as Per Banknifty Open Interest Analysis – 43500
Major Resistance as Per Banknifty Open Interest Analysis – 44500
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