Confirm Target for Banknifty for Monday

6 Oca 2023

Banknifty Pivot Levels

Support Zones
Frist Support Level For Buying - 41920 - 41950
Second Support Level For Buying - 41650 - 41670
Third Support Level For Buying - 41370 - 41400

Resistance Zones
First Resistance Level For Selling - 42230 -42260
Second Resistance Level For Selling - 42600 - 42630
Third Resistance Level For Selling - 42860 -42900

Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42600
PCR ratio as per Option Chain Analysis – 0.52 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 42000
Major Resistance as Per Banknifty Open Interest Analysis – 42500