NiftyBank One Hour Chart Analysis with Option Chain Analysis
Support Zones Frist Support Level For For Long Banknifty - 41180 - 41200 Second Support Level For Long Banknifty - 40885 - 40915 Third Support Level For Long Banknifty - 40770 - 40800
Resistance Zones First Resistance Level For Short Banknifty - 41480 - 41450 Second Resistance Level For Short Banknifty - 41700 - 41655 Third Resistance Level For Short Banknifty - 41920 - 41980
Importent Signal for Banknifty Trading from Option Chain Data Analysis Max Pain As per Option Chain Analysis – 41200 PCR ratio as per Option Chain Analysis – 1.35 ( Bullish) Major Support as Per Banknifty Open Interest Analysis – 40800 Major Resistance as Per Banknifty Open Interest Analysis – 39800