Banknifty Support and Resistance for Option Buying
Support Zones Frist Support Level For Buying - 41921 - 41951 Second Support Level For Buying - 41648 - 41677 Third Support Level For Buying - 41370 - 41400
Resistance Zones First Resistance Level For Selling - 42360 -42390 Second Resistance Level For Selling - 42660 -42700 Third Resistance Level For Selling - 42860 -42900
Importent Signal for Banknifty Max Pain As per Option Chain Analysis – 42200 PCR ratio as per Option Chain Analysis – 0.78 ( Bearish ) Major Support as Per Banknifty Open Interest Analysis – 42000 Major Resistance as Per Banknifty Open Interest Analysis – 42500 / 43000