Banknifty vedic analysis for 25 March, Monday - Weeklypaisa

Interpretation of Banknifty Open Interest Data:

Banknifty has a maximum Open Interest on Call side is  6.74 Lakh at Strike Price 30000  Put side is  6.46 Lakh at 29500 followed by 4.21 lakh @ 29000

So Upper side 30000 is resistance  &  29500 ,29000 is support.

BankNifty closed at 29582. High made 30008 and Low 29508

Daily Candle: Bearish on the Daily Chart

Banknifty 1 Hour  Vedic chart : 
Banknifty Hourly Vedic Chart
Banknifty Hourly Vedic Chart

As discussed in a previous blog, Banknifty can give big move on Vedic date 22 March? We have seen around 500 points move came on 22 March. 

As per Vedic chart, banknifty has broken support line of Vedic home and entered in the second Vedic home. Blue and  red line is resistance and support of new home.

Intraday Banknifty Spot levels for 25 March:

Buy above 29673 Target   29754  29835  29916 29997

Sell below 29520 Target   29448  29376 29304 29232

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