Banknifty Possible Trade on 14 March NiftyBank One Hour Chart Analysis with Option Chain Analysis
Support Zones
Frist Support Level For For Long Banknifty - 39225 - 39255
Second Support Level For Long Banknifty - 38755 - 38810
Third Support Level For Long Banknifty - 38300 - 38330
Resistance Zones
First Resistance Level For Short Banknifty - 39690 - 39750
Second Resistance Level For Short Banknifty - 40040 - 40075
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 – 39500
PCR ratio as per Option Chain Analysis – 0.45 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 39200
Major Resistance as Per Banknifty Open Interest Analysis – 40000
