As per Level Analysis in Bank Nifty Strong Resistance 32300 if Cross & Sustain Bull will be active for Up Side Move next Resistance 32460/32712/32833.
strong Support In bank Nifty 31900 if break then bear will be active for short major down side support level is 31770/31518/31400. 31400 Strong Positional Support.
33000 CE is having highest OI @19.1 Lakh resistance at 32500 followed 33000.33000-35000 CE added 17.2 Lakh in OI so bears added position in the zone of 33000-34000.
31500 PE is having highest OI @15.3 Lakh, strong support at 31500 followed by 32000 .31000-32000 PE added 28.3 Lakh OI so bulls making support in the range of 31300-31500.
Bank Nifty Futures Trend Deciding level is 31900 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 32833.