Bank Nifty: Monday - 16/01/23

Levels:
Support: 42330, 41880, 41735, 41550
Resistance: 42450, 42650, 42900

OI Data:

---------------------------------------------------------------------|
Bank Nifty => Price: 42371.25
ATM: 42400 , ITM: 42300, 42200, 42100 , OTM: 42500, 42600, 42700
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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: 42600
Nearest Major Support in Bank Nifty per IO data: 42300
---------------------------------------------------------------------|


Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 42500 | 42400 | 42650 | 42800
-----------------------------------------
SELL | < 42150 | 42200 | 42000 | 41900
+++++++++++++++++++++++++++++++++++++++++


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