Banknifty last close: 42154 (-0.3%)
As per open interest 42000PE was seen highest OI on PE sides
42300 to 42500 CE options was seen high OI
Which was indicated up to 42500 is the strong resistance zone
However, Banknifty is facing a intraday resistance 42200, 42250 and 42350
Stay caution at higher levels!!
On other side, Banknifty can be considered as supports as 42070 and 41970
Below 41970 will try to check 41850
Updated: 08.21 am / 20th April 2023
