Nifty Trading Plan for 06 June 2023

Strategy for Intraday Trading in Nifty Future and Option

Support and Resistance Strategy is Low risk and High Reward Strategy for Option
Buying , Option Selling and Future Trading

Support Zones for Nifty are as Given Below
S1-18580
S2-18480
S3 -18330

Resistance Zones for Nifty are as Given Below
R1-18670
R2 -18727
R3 -18885

Nifty Option Chain Signal For Nifty Trend
PCR ratio as per Option Chain Analysis - 0.82 ( Bearish )
Max Pain As per Option Chain Analysis - 18550
Major Resistance as Per Nifty Open Interest Analysis - 18600 /18700
Major Support as Per Nifty Open Interest Analysis - 18500 /18600

Tomorrow Nifty if nifty open Gap up or Flat - Best Buying levels are 18600 , and 18670
First Targets is 18725 and Secon Target is 18800 for Nifty


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