NiftyBank One Hour Chart Analysis with Banknifty Target
Support Zones Frist Support Level For For Long Banknifty - 39690 - 39750 Second Support Level For Long Banknifty - 39200 - 39240 Third Support Level For Long Banknifty - 38715 - 38760
Resistance Zones First Resistance Level For Short Banknifty - 40452 -40500 Second Resistance Level For Short Banknifty - 40850 -40880 Third Resistance Level For Short Banknifty - 41195 -41245
Importent Signal for Banknifty Trading from Option Chain Data Analysis Max Pain As per Option Chain Analysis – 40300 PCR ratio as per Option Chain Analysis –0.83 ( Bearish ) Major Support as Per Banknifty Open Interest Analysis – 39700 Major Resistance as Per Banknifty Open Interest Analysis – 40500