manojshinde27

Banknifty Confirm Targets For Expiry

Long
NSE:BANKNIFTY   Nifty Bank Index
Active Call Put For Trading On Tomorrow With Targets
39700 PUT - 380
39300 CALL - 360 /575

Support Zones
Frist Support Level For For Long Banknifty - 39270 - 39310
Second Support Level For Long Banknifty - 38975 - 39015
Third Support Level For Long Banknifty - 38700 - 38750

Resistance Zones
First Resistance Level For Short Banknifty - 39730 - 39770
Second Resistance Level For Short Banknifty - 40070 - 40120
Third Resistance Level For Short Banknifty - 40330 - 40365

Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis ( Banknifty Expiry Targets ) – 39600
PCR ratio as per Option Chain Analysis – 0.93 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 39000
Major Resistance as Per Banknifty Open Interest Analysis – 40000

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.