Banknifty key support and Resistance for Intraday trading 06 feb 2023
Banknifty Trading Setup For 06 Feb 2023 Weekly Expiry on 09 Feb 2023 India Vix Closing – 14.73
Support Zones Frist Support Level For For Long Banknifty - 41057 - 41086 Second Support Level For Long Banknifty - 40760 - 40800 Third Support Level For Long Banknifty - 40105 - 40150
Resistance Zones First Resistance Level For Short Banknifty - 41645 -41690 Second Resistance Level For Short Banknifty - 41920 -41970 Third Resistance Level For Short Banknifty - 42675 -42700
Importent Signal for Banknifty Trading from Option Chain Data Analysis Max Pain As per Option Chain Analysis – 40300 PCR ratio as per Option Chain Analysis – 1.1 ( Bullish ) Major Support as Per Banknifty Open Interest Analysis – 41000 Major Resistance as Per Banknifty Open Interest Analysis – 42000
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