manojshinde27

NiftyBank Option Buying Strategy

NSE:BANKNIFTY   Nifty Bank Index
  Support & Resistance Zones For BankNifty  Intraday Trading

Banknifty ConfirmTarget for Monday

Support Zones
Frist Support Level For Buying - 43240 - 43260
Second Support Level For Buying - 43100 - 43120
Third Support Level For Buying - 42910 - 42930

Resistance Zones
First Resistance Level For Selling - 43500 - 43520
Second Resistance Level For Selling -43680 - 43700
Third Resistance Level For Selling - 43805 -43820


Option Chain Importent Signal for Banknifty Trading
Max Pain As per Option Chain Analysis – 43400
PCR ratio as per Option Chain Analysis – 0.93 ( Bearish and Near to Bullish )
Major Support as Per Banknifty Open Interest Analysis – 43000
Major Resistance as Per Banknifty Open Interest Analysis – 43500



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.