Banknifty Possible Trade For 3 April

Banknifty Confirm Targets By Price Action Startegy


Support Zones
Frist Support Level For For Long Banknifty - 40350 - 40390
Second Support Level For Long Banknifty - 39700 - 39745
Third Support Level For Long Banknifty - 39272 - 39310

Resistance Zones
First Resistance Level For Short Banknifty - 40660 - 407000
Second Resistance Level For Short Banknifty - 40920 - 40950
Third Resistance Level For Short Banknifty - 41170- 41200

Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis ( Banknifty Expiry Targets ) – 39900
PCR ratio as per Option Chain Analysis – 1.001( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 41400
Major Resistance as Per Banknifty Open Interest Analysis – 40500