manojshinde27

Banknifty Confirm Targets For Monday

Long
NSE:BANKNIFTY   Nifty Bank Index
Banknifty Support and Resistance for Option Buying


Support Zones
Frist Support Level For Buying - 42360 - 42370
Second Support Level For Buying - 41921 - 41951
Third Support Level For Buying - 41648 - 41677

Resistance Zones
First Resistance Level For Selling - 42660 -42700
Second Resistance Level For Selling - 42860 -42900
Third Resistance Level For Selling - 43142 -43170

Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42500
PCR ratio as per Option Chain Analysis – 1.04 ( Bulish )
Major Support as Per Banknifty Open Interest Analysis – 42000
Major Resistance as Per Banknifty Open Interest Analysis – 43000

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.