Banknifty Possible Trade For Tomorrow

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Banknifty Updated Support and Resistance on One Hour Chart Analysis

Active Call Put For Trading On Tomorrow With Targets
39500 PUT - 360/500
39400 CALL - 360 /500

Support Zones
Frist Support Level For For Long Banknifty - 39175 - 39200
Second Support Level For Long Banknifty - 38975 - 39015
Third Support Level For Long Banknifty - 38700 - 38750

Resistance Zones
First Resistance Level For Short Banknifty - 39450 - 39500
Second Resistance Level For Short Banknifty - 39730 - 39770
Third Resistance Level For Short Banknifty - 40070 - 40120

Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis (Banknifty Expiry Targets ) – 39600
PCR ratio as per Option Chain Analysis – 0.90 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 38700
Major Resistance as Per Banknifty Open Interest Analysis – 40100