NiftyBank One Hour Chart Analysis with Banknifty Target
Support Zones Frist Support Level For For Long Banknifty - 40067 - 40103 Second Support Level For Long Banknifty - 39690 - 39750 Third Support Level For Long Banknifty - 39207 - 39247
Resistance Zones First Resistance Level For Short Banknifty - 40850 - 40880 Second Resistance Level For Short Banknifty - 40850 - 40880 Third Resistance Level For Short Banknifty - 41195 - 41245
Importent Signal for Banknifty Trading from Option Chain Data Analysis Max Pain As per Option Chain Analysis – 40500 PCR ratio as per Option Chain Analysis – 0.66 ( Bearish) Major Support as Per Banknifty Open Interest Analysis – 39700 Major Resistance as Per Banknifty Open Interest Analysis – 40800