manojshinde27

Nifty Trading Plan for Friday

Long
NSE:NIFTY   Nifty 50 Index
The Nifty End of Day to Identify Potential Trading Opportunities for Next Trading Day

Nifty Demand and supply zones are Price levels on Chart where the Buying and selling Pressures are Expected to be Strong and it is top Nifty Trading Indicator for Nifty Intraday Trading

Support Zones for Nifty are as Given Below
S1-18630
S2-18577
S3 -18530


Resistance Zones for Nifty are as Given Below
R1- 18727
R2 -18780
R3 -18800

Nifty Trend Signal From Open Interest Analysis

PCR ratio as per Option Chain Analysis -0.85 ( Bearish)
Max Pain As per Option Chain Analysis -18700
Major Resistance as Per Nifty Open Interest Analysis -18700 / 18800
Major Support as Per Nifty Open Interest Analysis - 18700

Nifty Long Opportunity tomorrow in Intraday Trading -
If Nifty Sustain Above 18688 then its Good Buying Opprtunity and Next Buying Opprutunity is Near Support 18630 and Dont Buy Below 18600

Nifty Short opportunity tomorrow in Intraday Trading -
As nifty is in Short term Down Trend , so we can take short trade near Resistance If Nifty not break Resistance of 18727 then its Good shorting Opprtunity and Next shorting Opprutunity is Below 18630 if Sustain above these resistance then dont short .

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