BankNifty Daily Levels Update For Option Day Trading

End of Day Technical Analysis & Data Analysis for  Banknifty Intraday Future & Option Trading



Support Zones For BankNifty  Intraday Trading

First Support Zone For BankNifty –          ( 42404 - 42435)
Second Support Zone For BankNifty –     (  42204 - 42235)
Third Support Zone For Banknifty   -        (  41921 - 41951 )


Resistance  Zones For BankNifty Intraday Trading

First Resistance  Zone For BankNifty –        ( 42635 - 42605 )
Second Resistance  Zone For BankNifty –    (  42835 - 42805 )
Third Resistance Zone For BankNifty     -    ( Wait For New High )


BANKNIFTY DATA ANALYSIS TO FIND TREND IN BANKNIFTY

Max Pain As per Option Chain Analysis –  42500
PCR ratio as per Option Chain Analysis –  1.2 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis –  42400
Major Resistance  as Per Banknifty Open Interest Analysis –   42600/42800