Importent Signal for Banknifty Trading

NiftyBank Demand & Supply Zones by One Hour Chart Analysis for Trading

Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis (Banknifty Expiry Targets ) – 41000
PCR ratio as per Option Chain Analysis – 0.75 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 40400
Major Resistance as Per Banknifty Open Interest Analysis – 41200

Banknifty Resistance Zones
1. 40690 - 40720
2. 40350 - 40380
3. 40075 - 40110

Banknifty Support Zones
1 .41025 - 41075
2. 41215 - 41245
3. 41435 - 41460