My Trade plan
Nifty and Bank Nifty Spot trading levels for 10th Feb., 2025
Nifty and Bank Nifty Spot trading levels for 10th Feb., 2025
Rules:
Chart : candlestick 5m chart.
Indicator : NO INDICATOR
NIFTY
Draw Two horizontal lines on the 5m candle stick chart, at 23695 and 23440.
Buy if the candle closes above 23695 keep stop loss lowest low of the previous 4 candles, book profit 40 to 50 points.
Sell if the candle closes below 23440 keep stop loss highest high of the previous 4 candles, book profit 40 to 50 points.
Please note: No trade if the price is with in the two lines. If open price is out site the line wait the price to come in side and break the line.
Bank Nifty
Draw Two horizontal lines on the 5m candle stick chart, at 50470 and 49870
Buy if the candle closes above 50470 keep stop loss lowest low of the previous 4 candles, book profit 150 to 200 points.
Sell if the candle closes below 49870 keep stop loss highest high of the previous 4 candles, book profit 150 to 200 points.
Please note: No trade if the price is with in the two lines. If open price is out site the line wait the price to come in side and break the line.
KEY LEVELS TO WATCH
| INDEX | KEY LEVEL | RANGE | PIVOT(D) | PIVOT(W) | PIVOT(M) | PCR |
|---|---|---|---|---|---|---|
| NIFTY | 23380 | 23794--23323 | 23565 | 23300 | 23507 | 0.67 |
| BANK NIFTY | 49560 | 50719--49596 | 40224 | 49120 | 49701 | 0.85 |
My List Of Stocks for short term Trading
Momentum
WEL- BHARTIARTL- SPIC- REDINGTON- PATANJALI- MANAPPURAM- KOTAKBANK |
Bullish Stocks as per my scanner GODFRYPHLP- KAMATHOTEL- WEL- ERIS- VRLLOG- INDUSINDBK- SBICARD- EICHERMOT- MUTHOOTFIN- GREAVESCOT- ZENSARTECH- APTUS- CASTROLIND- BAJFINANCE |
Bearish Stocks as per my scanner
JKTYRE- JSWENERGY- SBIN- SWSOLAR- DAMCAPITAL- GODREJPROP- PVRINOX- JWL- IIFLCAPS- VPRPL- FIRSTCRY- BIKAJI- SONATSOFTW- NCC- CARRARO |
