Nifty Trading Plan for Second week of Sept 2023

2 ก.ย. 2023

Nifty End of Day Analysis Helps Traders to Understand the Nifty sentiment and Identify Potential Trading Opportunities for the Next Trading Day in Nifty future or Nifty option


Nifty Support
Nifty Support 1 - 19358
Nifty Support 2 - 19240
Nifty Support 3 - 19180

Nifty Resistance
Nifty Resistance 1 - 19470
Nifty Resistance 2 - 19570
Nifty Resistance 3 - 19680

Nifty Trend Signal From Open Interest Analysis

• PCR ratio as per Option Chain Analysis - 1.1 ( Bullish)
  
• Max Pain As per Option Chain Analysis - 19400
  
• Major Resistance as Per Nifty Open Interest Analysis - 19600
  
• Major Support as Per Nifty Open Interest Analysis - 19300
  

Long Opportunity in Nifty for Intraday Trading
On Friday Nifty took Support sustained above 19250 and Completed the Target of 19460
Tomorrow First Buying opportunity will be above 19360 and if the Nifty Open Gap up then the Buying opportunity will be Near 19460 or 19480

Nifty Short opportunity
As we Know Nifty just changed a short-term downtrend, so Now don't expect big downside movement till Nifty goes below 19300
If nifty Sustain below 19570 then try to buy nifty Put or Short nifty keep a small stop loss and a small target
If Nifty Goes below 19350 then Take a short trade for big targets

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10 ก.ย. 2023

บันทึกช่วยจำ

Target Hit in Nifty