Banknifty Confirm Targets For Expiry 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
Bankniftyconfirmlevels
Banknifty confirm Targets with Pivot Levels 27012023 Banknifty Analysis and Price Action Trading with Key Levels
Weekly Expiry on 02 Feb 2023
India Vix Closing – 14.65
Support Zones
Frist Support Level For Buying - 41645 - 41690
Second Support Level For Buying - 41370 - 41400
Third Support Level For Buying - 40860 - 40890
Resistance Zones
First Resistance Level For Selling - 41921 -41971
Second Resistance Level For Selling - 42340 -43380
Third Resistance Level For Selling - 42675 -42700
Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 41800
PCR ratio as per Option Chain Analysis – 0.55 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41000
Major Resistance as Per Banknifty Open Interest Analysis – 41700
Conclusion -
Banknifty Given Down Side Movement to monthly expiry mostly on Monthly expiry Market move donside
As per Our Conclusion Banknifty moves towards its Major Support if This Support will break , then Next major Support for Banknifty will be
40860 - 40890
Try To Buy Future Conract or Call Option Near Support Zone and Pur Near Resistance Zone as well as Book Profit At Support & 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 .
Gold Future Contract Reaches Near All Time High