Wednesday Trading Plan for Nifty
#NIFTY50
💥Nifty50 closed at 18244, gave good rally post 2 pm and as per current SGX Nifty there will be Gap up tomorrow of +40 points which can lead Nifty to 18280 levels.
💥We can plan for CE after 9:45 am if Nifty sustain above 18280 or we buy at retracement upto 18140. Target will be 18308/18360/18440
💥18280 and 18308 is a resistance if any red candle (bearish hammer, doji) forms in 15 mins timeframe then we can short Nifty with SL as Day high and wait for 60-80 points, also we can short Nifty at 9:30 am if day low breaks then we can see 18200-18150 levels.
💥Major fall will start after breakdown of 18130 level. Later we can see recovery by afternoon.
💥Support/Resistance as per technical: 18300/18280
💥Support/Resistance as per OI: 18300/18400
👉Nifty PCR (Put Call Ratio): 0.85 which is a oversold still but some fresh buy happened today. So Short covering may trigger tomorrow or in Expiry.
👉Huge OI in 18200 (Support).
💥Nifty50 closed at 18244, gave good rally post 2 pm and as per current SGX Nifty there will be Gap up tomorrow of +40 points which can lead Nifty to 18280 levels.
💥We can plan for CE after 9:45 am if Nifty sustain above 18280 or we buy at retracement upto 18140. Target will be 18308/18360/18440
💥18280 and 18308 is a resistance if any red candle (bearish hammer, doji) forms in 15 mins timeframe then we can short Nifty with SL as Day high and wait for 60-80 points, also we can short Nifty at 9:30 am if day low breaks then we can see 18200-18150 levels.
💥Major fall will start after breakdown of 18130 level. Later we can see recovery by afternoon.
💥Support/Resistance as per technical: 18300/18280
💥Support/Resistance as per OI: 18300/18400
👉Nifty PCR (Put Call Ratio): 0.85 which is a oversold still but some fresh buy happened today. So Short covering may trigger tomorrow or in Expiry.
👉Huge OI in 18200 (Support).
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.