Nifty & Bank Nifty Prediction & Analysis for 24th March 22

Note: Analysis content for education purpose only. Before investing do more research, consult your investors.

Bank Nifty

• Days Closing: 36147
• Resistance levels: 36600, 36400, 36200
• Support levels: 35800
• Gap Up Opening Resistance : 36400, 36800
• Gap Down Opening Support : 35800, 35400
• No Trading Zone: 35900 to 36300

Selling Opportunity:

Buying Opportunity:

R1:

Pivot Analysis:

• R1: 36478
• R2: 36738
• R3: 37151
• S1: 35907
• S2: 35653
• S3: 35399

Option Chain:

• 36500: 30.8 L Open interest
• 36800: 19.9 L Open interest
• 36000: 17.8 L Open interest
• 35500 : 13.5 L Open interest

Nifty 50

• Days Closing: 17245
• Gap Up Opening Resistance : 1) 17300 2) 17400
• Gap Down Opening Support : 1) 17100 2) 17000
• No Trading Zone: 17200 to 17300

Selling Opportunity:

Buying Opportunity:

Pivot Analysis:

• R1: 17343
• R2: 17420
• R3: 17546
• S1: 17092
• S2: 17015
• S3: 16933

Option Chain:

• 17300: 59.4 L Open interest
• 17400: 61.2 L Open interest
• 17500: 85.8 L Open Interest
• 17200: 25.7 L Open Interest
• 17100: 23.5 L Open Interest
• 17000: 38.5 L Open Interest