BANKNIFTY SUPPORT AND RESISTANCE FOR 03 MARCH 2022

If we see a gap up openeing and Banknifty opens Above 35800 then we can see Banknifty will test 36475 or 200EMA on 15min Chart.

If we see a Gap down and if Banknifty breaches 35020 level and atleast trade for 30mins then we can easily see further decline upto 34000 in coming days

BANKNIFTY RESISTANCE LEVEL
36122
36475
36806

BANKNIFTY SUPPORT LEVELS
35020
34678
34374

BUY BANKNIFTY ABOVE 35614
WITH STOP LOSS OFF 35339 WITH TARGET 36120, 36310 AND 36475

BUY BANKNIFTY CALL OPTIONS
03 MAR 35800 CE
03 MAR 36000 CE

SELL BANKNIFTY BELOW 35020
WITH STOP LOSS OF 35330 WITH TARGET 34678,34374 AND 34125

BUY BANKNIFTY PUT OTIONS
03 MAR 35500 PE
03 MAR 35200 PE