Bank Nifty: Friday - 20/01/23

Bank Nifty Intraday Levels:


Chart: Logic: Levels:
Support: 42300, 42225, 42110, 41865, 41700
Resistance: 42500, 42700, 42900

OI Data:

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Bank Nifty => Price: 42328.85
ATM: 42300 , ITM: 42200, 42100, 42000 , OTM: 42400, 42500, 42600
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Highest OI Call in Bank Nifty per OI data: 42400
Highest OI Put in Bank Nifty per IO data: 42300
Nearest Major Resistance in Bank Nifty per OI data: 42700
Nearest Major Support in Bank Nifty per IO data: 41900
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Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 42550 | 42458 | 42700 | 42850
-----------------------------------------
SELL | < 42370 | 42450 | 42200 | 42000
+++++++++++++++++++++++++++++++++++++++++