Banknifty Confirm Targets For Tuesday

Banknifty Support and Resistance for Option Buying on 10jan 2023
Support Zones
Frist Support Level For Buying - 42360 - 42390
Second Support Level For Buying - 41921 - 41951
Third Support Level For Buying - 41648 - 41677

Resistance Zones
First Resistance Level For Selling - 42700 -42660
Second Resistance Level For Selling - 42860 -42900
Third Resistance Level For Selling - 43140 -43170

Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42400
PCR ratio as per Option Chain Analysis – 0.7 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 43100
Major Resistance as Per Banknifty Open Interest Analysis – 41900