Support Zones Frist Support Level For Buying - 42675 - 42700 Second Support Level For Buying - 42340 - 42377 Third Support Level For Buying - 41920 - 41950
Resistance Zones First Resistance Level For Selling - 42870 -42905 Second Resistance Level For Selling - 42900 -43140 Third Resistance Level For Selling - 43490 -43520
Importent Signal for Banknifty Max Pain As per Option Chain Analysis – 43000 PCR ratio as per Option Chain Analysis – 0.71 ( Bearish ) Major Support as Per Banknifty Open Interest Analysis – 42500 Major Resistance as Per Banknifty Open Interest Analysis – 43000
Conclusion - Banknifty has not Decided any Trend From last Week It is possible that it will move Towards Major Support Or Major Resistance Try To Buy Future Conract or Call Option Near Support Zone and Book Profit At Rsistance Zone Try to Short Banknifty at every Resistaance and Book Profit Near Support Zone Expecting Big Moves in Near Budget 2023 Prepraion is Going on .