Banknifty Trading Plan for Friday

29 Jun 2023

Nifty Bank Trading Opportunities in Intraday Trading

Nifty Bank Price levels where the Buying and selling Pressures are Expected to be Strong

Support Zones for Nifty Bank are as Given Below
S1- 44245
S2 - 43145
S3 - 43940

Resistance Zones for Nifty Bank are as Given Below
R1- 44460
R2 - 44670
R3 - 44870

Nifty Bank Option Chain Analysis for Intraday Trading
PCR ratio as per Option Chain Analysis -1.14 (Bullish)
Max Pain As per Option Chain Analysis - 44300
Major Resistance as Per Nifty Bank Open Interest Analysis - 44400
Major Support as Per Nifty Bank Open Interest Analysis - 44200

Nifty Bank Long Opportunity tomorrow in Intraday Trading
If Nifty Bank Sustain Above 44250 then its Good Buying Opprtunity and Target is 44450 , Next Buying Opprtunity is Near Support 44150 , Dont Buy Below this Support

Nifty Bank Short opportunity tomorrow in Intraday Trading -
Take short trade near Resistance If Nifty Bank not break Resistance of 44440 then its Good shorting Opprtunity