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
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