manojshinde27

Nifty Trading Plan for Next week

manojshinde27 Updated   
NSE:NIFTY   Nifty 50 Index
Nifty Confirm Targets

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


Nifty Resistance
Nifty Resistance 1 - 22100
Nifty Resistance 2 - 22180
Nifty Resistance 3 - 22250


Nifty Trend Signal From Open Interest Analysis

PCR ratio as per Option Chain Analysis - 0.7 ( Bearish)
Max Pain As per Option Chain Analysis - 22000
Major Resistance as Per Nifty Open Interest Analysis - 22000
Major Support as Per Nifty Open Interest Analysis - 21900 /21500

Long Opportunity in Nifty Trading
As we Know Nifty is in a uptrend, Next week First Buying opportunity will be above 21930/ 22100 and Dont Buy Below 21800


Short opportunity in Nifty Trading
If nifty Sustain below 22000 then try to Short nifty or buy nifty Put option Contract keep a small stop loss


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Comment:
22350 tARGET hIT
Trade active:
Monday Target

22500
22550
If Sustain Above 22500 then next target is 22550/22600

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