Banknifty Possible Trade For Tomorrow

Importent Signal for Banknifty Trading 14 feb 2023

Banknifty End of Day Study
Weekly Expiry on 16 Feb 2023
India Vix Closing – 13.74

Support Zones
Frist Support Level For For Long Banknifty - 41250 - 41285
Second Support Level For Long Banknifty - 40760 - 40800
Third Support Level For Long Banknifty - 40105 - 40150

Resistance Zones
First Resistance Level For Short Banknifty - 41645 -41690
Second Resistance Level For Short Banknifty - 41920 -41970
Third Resistance Level For Short Banknifty - 42300 -42260

Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis – 41400
PCR ratio as per Option Chain Analysis – 0.60 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 40800
Major Resistance as Per Banknifty Open Interest Analysis – 41500