banknifty Expiry Confirm Levels For Trading 12 january 2023

Banknifty Support and Resistance for Option Buying


Support Zones
Frist Support Level For Buying - 41921 - 41951
Second Support Level For Buying - 41648 - 41677
Third Support Level For Buying - 41370 - 41400

Resistance Zones
First Resistance Level For Selling - 42360 -42390
Second Resistance Level For Selling - 42660 -42700
Third Resistance Level For Selling - 42860 -42900

Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42200
PCR ratio as per Option Chain Analysis – 0.78 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 42000
Major Resistance as Per Banknifty Open Interest Analysis – 42500 / 43000