NiftyBank One Hour Chart Analysis with Banknifty Target

Banknifty Low Capital Trading Strategy


Down Side Targets For Banknifty
First Support Zone For BankNifty –          ( 43255 -43275 )
Second Support Zone For BankNifty –     ( 43100 -43120 )
Third Support Zone For Banknifty   -        (  42910 -42930 )

Up Side Banknifty Targets
First Resistance  Zone For BankNifty –          ( 43410 - 43390 )
Second Resistance  Zone For BankNifty  -      (  43512 - 43496 )
All Time High 

Importent Signal from BankNifty Option Chain
Max Pain As per Option Chain Analysis –  43200
PCR ratio as per Option Chain Analysis –  1.08  ( Bullish )
Major Support as Per Banknifty Open Interest Analysis –  43000 /43200
Major Resistance  as Per Banknifty Open Interest Analysis –   43200 /43500