manojshinde27

Banknifty Possible Trade in Option Day Trading

Short
NSE:BANKNIFTY   Nifty Bank Index
NiftyBank OneHour Chart Analysis with Confirm Target 

Support Zones For BankNifty  Intraday Trading

First Support Zone For BankNifty –             43118 -43100
Second Support Zone For BankNifty –         42912 -42927
Third Support Zone For Banknifty   -         42770 -42785

Resistance  Zones For BankNifty Intraday Trading

First Resistance  Zone For BankNifty –            43278 - 43255
 Second Resistance  Zone For BankNifty  -    43410 - 43390
 Third  Resistance  Zone For BankNifty  -       43512 - 43496

Importent Signal from BankNifty Option Chain
PCR ratio as per Option Chain Analysis – 0.67 ( Bearish )
Max Pain As per Option Chain Analysis – 18700
Major Support as Per Nifty Open Interest Analysis – 18500 / 18600
Major Resistance as Per Nifty Open Interest Analysis – 18800

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