Banknifty Possible Trade for 03Jan

Support & Resistance Zones For BankNifty Intraday Trading

Support Zones
Frist Support Level For Buying - 43020 - 43055
Second Support Level For Buying - 42790 - 42830
Third Support Level For Buying - 42585 - 42610

Resistance Zones
First Resistance Level For Selling - 43500 -43520
Second Resistance Level For Selling - 43800 -43820
Third Resistance Level For Selling - 43970 -43980

Importent Signal for Banknifty
Max Pain As per Option Chain Analysis – 42600
PCR ratio as per Option Chain Analysis – 0.87( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 43000
Major Resistance as Per Banknifty Open Interest Analysis – 43500