Banknifty analysis for 10th April

Interpretation of Banknifty Open Interest Data:

Banknifty has a maximum Open Interest on Weekly basis Call side is  6.53 Lakh at Strike Price 30500  Put side is  5.02 Lakh at  30000

So Upper side 30500 is resistance  &  30000 is support.

BankNifty closed at 30113

Daily Candle: Bullish Body on the Daily Chart. 

Banknifty 1 Hour  Vedic chart : 


Banknifty Hourly Vedic Chart
Banknifty Hourly Vedic Chart
Now Banknifty spot is closed above 30000, if  30159 Vedic number on 5 min chart cross then we may see 30500 - 30750 by weekly expiry. 

Intraday Banknifty Spot levels for 10th April:

Buy above 30159  Target   30240  30330  30420
Sell below 29835 Target  29754 29673 29592  

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