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Nifty Trading Plan for Monday

NSE:NIFTY   Nifty 50 Index
Nifty End of Day Analysis Helps Traders to Understand the Nifty sentiment and Identify Potential Trading Opportunities for the Next Trading Day in Nifty future or Nifty option

Nifty Supports
Nifty Support 1 - 21930
Nifty Support 2 - 21830
Nifty Support 3 - 21730


Nifty Resistance
Nifty Resistance 1 - 22050
Nifty Resistance 2 - 22130
Nifty Resistance 3 - 22250

Nifty Trend Signal From Open Interest Analysis

PCR ratio as per Option Chain Analysis - 1.09 ( Bullish)
Max Pain As per Option Chain Analysis - 21850
Major Resistance as Per Nifty Open Interest Analysis - 21100
Major Support as Per Nifty Open Interest Analysis - 21700

Long Opportunity in Nifty Trading
As we Know Nifty is in a uptrend, Next week First Buying opportunity will be above 21910 /21830 and Dont Buy Below 21700

Short opportunity in Nifty Trading

If nifty Sustain below 21910 then try to Short nifty or buy nifty Put option Contract keep a small stop loss


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