NiftyBank Demand & Supply Zones by One Hour Chart Analysis for Trading
Banknifty Support Zones
1 .42335 - 42370
2. 42490 - 41515
3. 42675 - 42700
Banknifty Resistance Zones
1. 41921 - 41971
2. 41670 - 41700
3. 41215 - 41245
Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis (Banknifty Expiry Targets ) – 42200
PCR ratio as per Option Chain Analysis – 0.8 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41700
Major Resistance as Per Banknifty Open Interest Analysis – 42300