Bank Nifty: Wednesday - 01/03/23

Levels:
Support: 40275, 40175, 39900, 39750, 39600
Resistance: 40375, 40500, 40750, 40900

OI Data:

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Bank Nifty => Price: 40269.05
ATM: 40300 , ITM: 40200, 40100, 40000 , OTM: 40400, 40500, 40600
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Highest OI Call in Bank Nifty per OI data: 40500
Highest OI Put in Bank Nifty per IO data: 40000
Nearest Major Resistance in Bank Nifty per OI data: 40600
Nearest Major Support in Bank Nifty per IO data: 40100
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Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 40400 | 40300 | 40600 | 50750
-----------------------------------------
SELL | < 40175 | 40275 | 40050 | 39900
+++++++++++++++++++++++++++++++++++++++++