Banknifty Analysis
OI Data
• Resistance from 53,300 to 53,500 is expected to limit any sharp upward movement unless there is a breakout with significant volume.
• On the downside, 52,500 is the level to watch, as it represents stronger support with substantial OI buildup. While 52,800 is a minor support level.
• Resistance from 53,300 to 53,500 is expected to limit any sharp upward movement unless there is a breakout with significant volume.
• On the downside, 52,500 is the level to watch, as it represents stronger support with substantial OI buildup. While 52,800 is a minor support level.
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