Nifty Bank IndexShort
Banknifty Possible Trade for 20 March
Banknifty Support and Resistance Updated on One Hour Chart Analysis
Support Zones
Frist Support Level For For Long Banknifty - 39180 - 39220
Second Support Level For Long Banknifty - 38755 - 38810
Third Support Level For Long Banknifty - 38300 - 38330
Resistance Zones
First Resistance Level For Short Banknifty - 39700 - 39750
Second Resistance Level For Short Banknifty - 40040 - 40075
Third Resistance Level For Short Banknifty - 40330 - 40365
Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis – 40000
PCR ratio as per Option Chain Analysis – 0.80 ( Bearish)
Major Support as Per Banknifty Open Interest Analysis – 39000
Major Resistance as Per Banknifty Open Interest Analysis – 40000
Support Zones
Frist Support Level For For Long Banknifty - 39180 - 39220
Second Support Level For Long Banknifty - 38755 - 38810
Third Support Level For Long Banknifty - 38300 - 38330
Resistance Zones
First Resistance Level For Short Banknifty - 39700 - 39750
Second Resistance Level For Short Banknifty - 40040 - 40075
Third Resistance Level For Short Banknifty - 40330 - 40365
Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis – 40000
PCR ratio as per Option Chain Analysis – 0.80 ( Bearish)
Major Support as Per Banknifty Open Interest Analysis – 39000
Major Resistance as Per Banknifty Open Interest Analysis – 40000
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