BankNifty Daily Levels Update For Option Day Trading

NiftyBank One Hour Chart Analysis For Intraday Trading


Support Zones For BankNifty  Intraday Trading
First Support Zone For BankNifty –          ( 42864 -42900)
Second Support Zone For BankNifty –     ( 42770 - 42800)
Third Support Zone For Banknifty   -      (  42600-42635 )

Resistance Zones For BankNifty Intraday Trading
First Resistance  Zone For BankNifty –    ( 43191 -43154 )  New All time High

Importent Signal From Option Chain Data Analysis
Max Pain As per Option Chain Analysis –  43000
PCR ratio as per Option Chain Analysis –  0.8 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis –  42500 /43000
Major Resistance  as Per Banknifty Open Interest Analysis –   43000