how to do analysis of banknifty?

Check Bank Nifty's average daily movement by tracking historical volatility, examining daily price changes, and considering derivative indicators such as option open interest, call/put ratios, and cost-of-carry movements

Technical indicators are key to analysing Bank Nifty movements. Investors can keep an eye on moving averages, option activity, and PCR to analyse Bank Nifty movements. High put-call ratios or short build-up may be signs of a bearish trend, while positive derivative indicators may signal a bullish trend.

To predict the trend of Bank Nifty, traders often combine indicators like Moving Averages, MACD, and RSI. Analysing these indicators together provides insights into potential trend directions.