Support & Resistance Zones For BankNifty Intraday Trading
Support Zones
Frist Support Level For Buying - 41648 - 41677
Second Support Level For Buying - 41370 - 41400
Third Support Level For Buying - 40860 - 40890
Resistance Zones
First Resistance Level For Selling - 41920 - 41950
Second Resistance Level For Selling - 42210 - 42254
Third Resistance Level For Selling - 42600 -42630
Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42000
PCR ratio as per Option Chain Analysis – 0.61 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41500
Major Resistance as Per Banknifty Open Interest Analysis – 42000
Support Zones
Frist Support Level For Buying - 41648 - 41677
Second Support Level For Buying - 41370 - 41400
Third Support Level For Buying - 40860 - 40890
Resistance Zones
First Resistance Level For Selling - 41920 - 41950
Second Resistance Level For Selling - 42210 - 42254
Third Resistance Level For Selling - 42600 -42630
Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42000
PCR ratio as per Option Chain Analysis – 0.61 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41500
Major Resistance as Per Banknifty Open Interest Analysis – 42000