Finance Nifty Daily Levels Update For Option Day Trading

Nifty Financial Services Index (NSE:CNXFINANCE)

NSE:CNXFINANCE Nifty Financial Services Index

supportandresistance pivotpoints supplyanddemand finniftylevels finniftytargets finniftyintraday

finifty Price Action Trading Strategy with Option Chain Signals for Trading 05 May 2023

FINNIFTY SUPPORT LEVELS FOR TRADING
S1 - 19315- 30
S2 - 19245 –55
S3 - 119165-75

FINNIFTY RESISTANCE LEVELS FOR TRADING
R1 - 19470 -82
R2 - 19517 -500
R3 - 18617- 600

finnifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis 1.37 ( Bullish )
Max Pain As per Option Chain Analysis - 19200
Major Resistance as Per Nifty Open Interest Analysis- 18500
Major Support as Per Nifty Open Interest Analysis - 18200

Trading Plan for finnifty Call Side / Long Side -
Take Long Position / Buy CALL Above 18520
Stoploss - 15 min Candle Closes Below 18500

Trading Plan for finnifty PUT Side /Short Side
Take Short Position or Buy Put Below 18470
Stoploss - 15 min Candle Closes Below 18500

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