Nifty Trading Plan for 27 June 2023
Updated
Tuesday Potential Trading Opportunities in Nifty for Intraday Trading
Nifty Price levels where the Buying and selling Pressures are Expected to be Strong
Support Zones for Nifty are as Given Below
S1- 18650
S2 - 18540
S3 - 18485
Resistance Zones for Nifty are as Given Below
R1- 18730
R2 -18770
R3 -18830
Nifty Option Chain Analysis for Intraday Trading
PCR ratio as per Option Chain Analysis -0.83 ( Bearish)
Max Pain As per Option Chain Analysis -18700
Major Resistance as Per Nifty Open Interest Analysis -18800
Major Support as Per Nifty Open Interest Analysis -18700
Nifty Long Opportunity tomorrow in Intraday Trading -
As per our Chart analysis nifty taken support on 18650 and its major supoort for Week and Next week , If Nifty Sustain Above 18650 then its Good Buying Opprtunity and Target is 18720 , 18770 and 18830 for Intraday basis . Dont Buy nifty below 18600 .
Next Buying Opprutunity is Above Resistance 18910
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 18730 then its Good shorting Opprtunity and Next nifty short Opprutunity is Below Support 18630 if Sustain above these support then dont short .
If you want live chart analysis on Trading view chart msg me .
Nifty Price levels where the Buying and selling Pressures are Expected to be Strong
Support Zones for Nifty are as Given Below
S1- 18650
S2 - 18540
S3 - 18485
Resistance Zones for Nifty are as Given Below
R1- 18730
R2 -18770
R3 -18830
Nifty Option Chain Analysis for Intraday Trading
PCR ratio as per Option Chain Analysis -0.83 ( Bearish)
Max Pain As per Option Chain Analysis -18700
Major Resistance as Per Nifty Open Interest Analysis -18800
Major Support as Per Nifty Open Interest Analysis -18700
Nifty Long Opportunity tomorrow in Intraday Trading -
As per our Chart analysis nifty taken support on 18650 and its major supoort for Week and Next week , If Nifty Sustain Above 18650 then its Good Buying Opprtunity and Target is 18720 , 18770 and 18830 for Intraday basis . Dont Buy nifty below 18600 .
Next Buying Opprutunity is Above Resistance 18910
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 18730 then its Good shorting Opprtunity and Next nifty short Opprutunity is Below Support 18630 if Sustain above these support then dont short .
If you want live chart analysis on Trading view chart msg me .
Trade closed: target reached
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