Banknifty Expiry Possible Trades

Banknifty Updated Support and Resistance on One Hour Chart Analysis

Support Zones
Frist Support Level For For Long Banknifty - 39680 - 39715
Second Support Level For Long Banknifty - 39440 - 39490
Third Support Level For Long Banknifty - 38975 - 39015

Resistance Zones
First Resistance Level For Short Banknifty - 40040 - 40075
Second Resistance Level For Short Banknifty -40330 - 40365
Third Resistance Level For Short Banknifty - 40550 - 40540

Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis – 40000
PCR ratio as per Option Chain Analysis – 0.84 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 39400
Major Resistance as Per Banknifty Open Interest Analysis – 40400