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
Pivot Points
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.
Bank Nifty Analysis: Might be sideways : 25 April 2023BANKNIFTY:
OI show in favor of bulls
Top resistance at 43000 based on OI
Already at the daily DCPR.
Could sideway for first half and in second once it breaks the 42750 then could look for 43000.
For sell side, i will wait till it breaks the DCPR and retest.
NSE:BANKNIFTY
NIFTY Daily Analysis : Good buying opportunity: 25 April 2023NIFTY :
17600 has good OI. could act as support.
Already above the WCPR and DCPR as well.
If take support and reverse from DCPR then will be a good buy opportunity.
In first candle open above 17750 and take support then could be good buy
I will wait till it break 17600 for sell
NSE:NIFTY
NiftyBank Futures Key Trading Levels for 24th April 2023NiftyBank Futures Key Trading Levels for 24th April 2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
Nifty50 Futures Key Trading Levels for 24th April 2023Nifty50 Futures Key Trading Levels for 24th April 2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
Finnifty Chart Analysis for 24 April Finnifty Chart Analysis for analyzing key Price levels where the Market has Previously Reacted
Finnifty Next Support Zones for Long Trade
First Support Zone For Finnifty – 18675 – 18685
Second Support Zone For Finnifty – 18555 – 18565
Third Support Zone For Finnifty – 18450 – 18464
Finnifty Next Resistance Zones for Short Trade
First Resistance Zone For Finnifty – 18852 – 18860
Second Resistance Zone For Finnifty – 18955 – 18970
Third Resistance Zone For Finnifty – 19070 – 19080
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.70 ( Bearish )
Max Pain as per Option Chain Analysis – 18750
Major Resistance as Per finnifty Open Interest Analysis – 18900
Major Support as Per finnifty Open Interest Analysis – 18600
Banknifty Possible Trade For 24 April
NiftyBank Demand & Supply Zones by One Hour Chart Analysis for Trading
Banknifty Support Zones
1 .42335 - 42370
2. 42490 - 41515
3. 42675 - 42700
Banknifty Resistance Zones
1. 41921 - 41971
2. 41670 - 41700
3. 41215 - 41245
Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis (Banknifty Expiry Targets ) – 42200
PCR ratio as per Option Chain Analysis – 0.8 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41700
Major Resistance as Per Banknifty Open Interest Analysis – 42300
End Of Day Nifty Technical Analysis for 24 April The End of Day analysis helps traders to understand the market sentiment and identify potential trading
Nifty Support Zones
1. 17740 - 17750
2.17815 - 17830
3 . 17900 - 17915
Nifty Resistance Zones
1. 17610 - 17620
2. 17530 - 17540
3. 17425 - 17435
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis – 0.79 ( Bearish )
Max Pain As per Option Chain Analysis (Nifty expiry target ) – 17650
Major Resistance as Per Nifty Open Interest Analysis – 17850
Major Support as Per Nifty Open Interest Analysis – 17550
Nifty Trading Tips with Nifty Forecast
Nifty is in Up Trend ( Bull market ) trend changes below 17530
Nifty Next Up side Targets are 17750 and 18850
Nifty Down side Targets for Next week are – 17500 and 17425
Nifty May Take Support Near 50 Days Moving Average
Nifty Options Analysis – 17550 Call and 17750 put are active strike prices for next trading days
NiftyBank Key Trading Levels for 21st April 2023
NiftyBank Key Trading Levels for 21st April 2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
NiftyFutures Key Trading Levels for 21st April 2023NiftyFutures Key Trading Levels for 21st April 2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
Banknifty Expiry Trading Levels NiftyBank Demand & Supply Zones by One Hour Chart Analysis for Trading
Banknifty Support Zones
1. 41921 - 41971
2. 41700 - 41735
3. 41435 - 41460
Banknifty Resistance Zones
1 .42335 - 42370
2. 42490 - 41515
3. 42675 - 42700
Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis (Banknifty Expiry Targets ) – 42100
PCR ratio as per Option Chain Analysis – 0.76 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41700
Major Resistance as Per Banknifty Open Interest Analysis – 42500
NiftyBank Futures Key Trading Levels for 20th Apr 20th Apr 2023 NiftyBank Futures Key Trading Levels for 10th Apr 20th Apr 2023_Expiry Tradesetp
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
NiftyFutures Key Trading Levels for 20th April 2023 Expiry TradeNiftyFutures Key Trading Levels for 20th April 2023 Expiry Trade
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
Banknifty Possible Trade For Tomorrow
Support and resistance levels are price levels on Chart where the buying and selling pressures are expected to be strong and it is top Nifty trading indicator
Banknifty Support Zones
1. 41921 - 41971
2. 41700 - 41735
3. 41435 - 41460
Banknifty Resistance Zones
1 .42335 - 42370
2. 42490 - 41515
3. 42675 - 42700
Importent Signal for Banknifty Trading from Option Chain Data Analysis
Max Pain As per Option Chain Analysis (Banknifty Expiry Targets ) – 42300
PCR ratio as per Option Chain Analysis – 0.80 ( Bearish )
Major Support as Per Banknifty Open Interest Analysis – 41900
Major Resistance as Per Banknifty Open Interest Analysis – 42500
Point to be Noted Before Takeing Trade
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.