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