Pivot Points
Banknifty - Prediction & Intraday Levels for - 15 May 2023Bank Nifty Prediction for Monday:
Bank Nifty moved sharp on Friday during post noon session, however 42250 level is where Fake breakout happened which will be tested in one or two sessions.
On Monday Bnf likely to Open flat / Gap down, if opens below 43750 supply zone, 43475 demand zones will be tested. If that is compromised Next Target is 43200.
It is at close 44K round level, before the next move some correction is expected in Bnf, before expiry 43300 will get tested and then Rally may continue to test 44K
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - Prediction & Intraday Levels for - 15 May 2023Nifty Prediction for Monday:
Nifty is at Strong supply zone 18320 - 18340 level. As per global cues it indicates Nifty likely to Open Flat/Gap down, if opens below Friday close 18300 supply zone is where we can look for SELL entry for lower Targets.
BULLISH only above 18350 above for 18500 Target
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Banknifty - Prediction & Intraday Levels for - 12 May 2023Bank Nifty Prediction Tomorrow:
BEARISH view with Negative Sentiment
Bank Nifty is consolidating with high selling pressure, as per Global cues most likely expected to Open Gap down / Flat.
There is Strong resistance zone at 43539 / /43470 levels is where we can anticipate our SELL entry for Lower side Targets.
BULLISH only if sustains above 43780, BUY only above this level until is SELL on raise.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - Prediction & Intraday Levels for - 12 May 2023Nifty Prediction Tomorrow:
BEARISH view with Negative Sentiment
Nifty is falling under high selling pressure, as per Global cues most likely to Open Gap down / Flat.
There is Strong resistance zone at 18319 level is where we can anticipate our SELL entry or PDL is where we can take SELL Entry for Lower side Targets.
BULLISH only if sustains above 18350, BUY only above this level until is SELL on raise.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Gulshan Polyols at breakout point✔️You can see breakout point in the chart and it looks good both technically and fundamentally.
→ check the numbers
→ market cap
→ business
→ chart etc etc
study then invest✅
About the company
Gulshan Polyols Ltd is one of the largest manufacturers of Precipitated Calcium Carbonate and Sorbitol in India. It is a market leader with a substantial market share in the respective segments.
Finance Nifty Daily Levels Update For Option Day Trading 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
Nifty Daily Levels Update For Option Day Trading Nifty Price Action Trading Strategy with Option Chain Signals for Trading 05 May 2023
NIFTY SUPPORT LEVELS FOR TRADING
S1 - 18170-80
S2 - 18064 -71
S3 - 17940-50
NIFTY RESISTANCE LEVELS FOR TRADING
R1 - 18257-65
R2 - 18285 -300
R3 - 18445-55
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis 0.85 ( Bearish )
Max Pain As per Option Chain Analysis - 18200
Major Resistance as Per Nifty Open Interest Analysis- 18400
Major Support as Per Nifty Open Interest Analysis - 18150
Trading Plan for Nifty Call Side / Long Side -
Take Long Position / Buy CALL Above 18300
Stoploss - 15 min Candle Closes Below 18280
Trading Plan for Nifty PUT Side /Short Side
Take Short Position or Buy Put Below 18280
Stoploss - 15 min Candle Closes Below 18305
Finnifty Trading Plan for Tomorrow
Finnifty Support and Resistance levels where the buying and selling pressures are Expected to be strong
Resistance Levels
R3-19482 -72
R2 -19330 -15 -Short Below 19310
R1-19255 -45 - Short Below 19240
Support Levels
S1-19165 - 75 - Short Below 19165
S2-19095 –105
S3-19030 - 40
S4-18970 - 82
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis 0.95 ( Bullish )
Max Pain As per Option Chain Analysis -19100
Major Resistance as Per Nifty Open Interest Analysis - 19300
Major Support as Per Nifty Open Interest Analysis - 19000
Nifty Trading Plan for Expiry Nifty End Of Day Analysis for Trading on 04 May
Trading Support and Resistance levels for Nifty
Resistance Level
R3 -18286-98
R2 -18120-31
R1-18064-74
Support Levels
S1-18006-15
S2-17940-50
S3-17820-30
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis - 0.81 ( Bearish )
Max Pain As per Option Chain Analysis -18050
Major Resistance as Per Nifty Open Interest Analysis - 18200
Major Support as Per Nifty Open Interest Analysis -18000
Finnifty Trading Plan Price levels on Chart where the buying and selling pressures are Expected to be strong
Trading Plan for 03 Many 2023
Finnifty Levels
R3- 19470-85
R2 - 19320-30
R1- 19165-75
S1- 19033- 43
S2- 18970 –82
S3- 18852- 62
Finnifty Levels for Long
Long Above 19330
Long Above 19180
Long Above - 18982
Long Above - 18862
Finnifty Levels for Short
Short Below 19320
Short Below 19160
Short Below 18970
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 1.02 ( Bullish )
Max Pain as per Option Chain Analysis – 19250
Major Resistance as Per finnifty Open Interest Analysis – 19300
Major Support as Per finnifty Open Interest Analysis – 19000
Nifty Trading Plan Nifty End Of Day Analysis for Trading on 03 May
How to Take Trade in Nifty
R3 -18296-86
Short Below 18170 - R2 -18185-75 - Long Above 18185
Short Below 18070 - R1-18085-75 - Long Above 18085
S1-18010-15 -
Short Below 17940 - S2-17940-50 - Long Above - 17950
S3-17820-30 - Long Above - 17830
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis - 0.92 ( BULLISH )
Max Pain As per Option Chain Analysis - 18150
Major Resistance as Per Nifty Open Interest Analysis - 18300
Major Support as Per Nifty Open Interest Analysis - 17850
Finnifty Trading Plan Finnifty Trading Levels for future and Option Day Trading
Finnifty Next Supp ort Zones for Long Trade
First Support - 19042
Second Support 18933
Third Support 18850
Finnifty Next Resistance Zones for Short Trade
First Resistance - 19175
Second Resistance - 19330
Third Resistance - 19517
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 1.29 ( Bullish )
Max Pain as per Option Chain Analysis – 19200
Major Resistance as Per finnifty Open Interest Analysis – 19500
Major Support as Per finnifty Open Interest Analysis – 19000
Finnifty Trade Exicusion on Monday
Take Long Position Above 19175 , Stoploss - 15 min Candle Closes Below 19160 , For Long Trade Target is Next resistance levels R1 , R2 , R3
Take Short Position Below 19160 , Stoploss - 15 min Candle Closes Above 19180 , For Short trade Target is Next Support levels S1 , S2 , S3
Nifty Option Day Trading Guide for 02 May 2023
Nifty future and Option Trading Plan for Next trading Day
Nifty key Support levels where the nifty has previously Reacted
S1 - 18010
S2 - 17941
S3 - 17824
S4 - 17745
S5 - 17669
Nifty key Resistance levels where the nifty has previously Reacted
R1 - 18083
R2 - 18185
R3 - 18298
R4 - 18445
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis – 0.97 ( BULLISH )
Max Pain As per Option Chain Analysis (Nifty expiry target ) – 18200
Major Resistance as Per Nifty Open Interest Analysis – 18200
Major Support as Per Nifty Open Interest Analysis – 18000
How to Trade in Nifty option or Future with low risk and High Reward
Nify Showing Bullish trend from
In Next Trading Session if Nifty Open Gap up above 18082 wait to restest 18082 level and after restest buy CALL 18050
In Next Trading Session If Nifty Open Gap Down near 18000 wait for retest 18082 Levels if not cross then buy PUT 18050
In Next Trading Session If Nifty Open Gap Down Below 18000 then for Long wait till 17950 if Sustain then buy call 17950
For Above All Condition Stoploss is 15 min Candle Close Below Support or Max 15/20 points
For Long Trade Target is Next resistance levels R1 , R2 , R3
For Short trade Target is Next Support levels S1 , S2 , S3
In Nifty Trading Strategy Importent Points
Remember that Day Trading can be challenging and requires discipline, patience, and a lot of hard work. It’s important to develop a solid trading plan and stick to it, even when emotions are high.
Keep a trading journal : Record all of your trades in a trading journal. This helps you to analyze your performance, identify patterns, and make improvements to your trading strategy.
Manage your risk : Day trading is risky, so it’s important to manage your risk. This includes using proper position sizing, setting stop-loss orders, and avoiding overtrading
Use stop-loss orders : Set stop-loss orders to limit your potential losses. This helps you to exit a trade if the market moves against you
Before you start trading, have a well-defined plan that includes your trading strategy, risk management plan, and profit targets. Stick to your plan and don’t let emotions dictate your trades.