Support Zones Frist Support Level For For Long Banknifty - 38700 - 38750 Second Support Level For Long Banknifty - 39272 - 39310 Third Support Level For Long Banknifty - 38975 - 39020
Resistance Zones First Resistance Level For Short Banknifty - 40070 - 40120 Second Resistance Level For Short Banknifty - 40330 - 40365 Third Resistance Level For Short Banknifty - 40660 - 40700
Importent Signal for Banknifty Trading from Option Chain Data Analysis Max Pain As per Option Chain Analysis ( Banknifty Expiry Targets ) – 39900 PCR ratio as per Option Chain Analysis – 1.001( Bullish ) Major Support as Per Banknifty Open Interest Analysis – 39500 Major Resistance as Per Banknifty Open Interest Analysis – 40100