Short

Bank Nifty: Thursday - 19/01/23

Levels:
Support: 42340, 42220, 42110, 41865, 41700
Resistance: 42500, 42700, 42900

OI Data:

---------------------------------------------------------------------|
Bank Nifty => Price: 42458
ATM: 42500 , ITM: 42400, 42300, 42200 , OTM: 42600, 42700, 42800
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 42500
Highest OI Put in Bank Nifty per IO data: 42000
Nearest Major Resistance in Bank Nifty per OI data: 42900
Nearest Major Support in Bank Nifty per IO data: 42100
---------------------------------------------------------------------|

Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 42550 | 42458 | 42700 | 42850
-----------------------------------------
SELL | < 42370 | 42450 | 42200 | 42000
+++++++++++++++++++++++++++++++++++++++++

pradipandsuvra

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