Banknifty Levels for Trading in Future & Option Day Trading

NiftyBank Low Capital Trading Strategy December


Support Zones For Banknifty Intraday Trading
First Support Zone For Banknifty – 43807 - 43820
Second Support Zone For Banknifty – 43665 - 43680
Third Support Zone For Banknifty – 43496 - 43516

Resistance Zones For Banknifty Intraday Trading
First Resistance Zone For Banknifty – 43986 - 43970 - New All Time High


Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 43800
PCR ratio as per Option Chain Analysis – 1.51 ( Bullish / Overbought )
Major Support as Per Banknifty Open Interest Analysis – 43500
Major Resistance as Per Banknifty Open Interest Analysis – 44000