Bank Nifty: Tuesday - 27/12/22 for NSE:BANKNIFTY by pradipandsuvra

trendanalysis indianstockmarket banknifty bankniftytradesetup

Levels:
Support: 42550, 42250, 41900, 41400
Resistance: 43000, 43200, 43375, 43650

OI Data:

---------------------------------------------------------------------|
Bank Nifty => Price: 42630.15
ATM: 42600 , ITM: 42500, 42400, 42300 , OTM: 42700, 42800, 42900
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 43000
Highest OI Put in Bank Nifty per IO data: 42000
Nearest Major Resistance in Bank Nifty per OI data: 43100
Nearest Major Support in Bank Nifty per IO data: 42400
---------------------------------------------------------------------|

Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 43000 | 42800 | 43200 | 43400
-----------------------------------------
SELL | < 42200 | 42400 | 42000 | 42800
+++++++++++++++++++++++++++++++++++++++++

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.