Banknifty Possible Trades on Monday

Banknifty Possible Support and Resistance for Monday

Banknifty Support & Resistance Zones for Friday

Banknifty Support Zones for Monday
First Support Zone For Banknifty – 43495 - 43516
Second Support Zone For Banknifty – 43390 - 43410
Third Support Zone For Banknifty – 43255 - 43275

Banknifty Resistance Zones for Monday
First Resistance Zone For Banknifty – 43704 - 43678
Second Resistance Zone For Banknifty – 43820 - 43807 ( Banknifty New all time High)


IMP signals by Banknifty Data Analysis
Max Pain As per Option Chain Analysis – 43500
PCR ratio as per Option Chain Analysis – 0.91 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 43500 /43000
Major Resistance as Per Banknifty Open Interest Analysis – 4350/ 43700