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manojshinde27

Banknifty Possible Trade in Option Day Trading

Long
Nifty Bank Index (NSE:BANKNIFTY)  
manojshinde27  
NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Supply and Demand Pivot Points bankniftytrend bankniftytradesetup bankniftyanalysis bankniftytarget
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supportandresistance supplyanddemand pivotpoints bankniftytrend bankniftytradesetup bankniftyanalysis bankniftytarget
Support & Resistance Zones For BankNifty Intraday Trading
Support Zones
Frist Support Level For Buying - 41648  - 41677
Second Support Level For Buying - 41370 - 41400
Third Support Level For Buying - 40860  - 40890

Resistance Zones
First Resistance Level For Selling - 41920 - 41950
Second Resistance Level For Selling - 42210 - 42254
Third Resistance Level For Selling - 42600 -42630

Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42000
PCR ratio as per Option Chain Analysis – 0.61 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41500
Major Resistance as Per Banknifty Open Interest Analysis – 42000
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