My Trade plan for

Nifty and Bank Nifty Futures trading on 13th, Dec., 2022

Rules:
Chart :  candlestick 5m chart.
Indicator : NO INDICATOR

NIFTY

Draw Two horizontal lines on the 5m candle stick chart, at 18655 and 18535.

Buy if the candle closes above 18655    keep stop loss lowest low of the previous 4 candles, book profit 40 to 50 points.

Sell if the candle closes below 18535    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 43935 and 43755.

Buy if the candle closes above 43935    keep stop loss lowest low of the previous 4 candles, book profit 150 to 200 points.

Sell if the candle closes below 43755    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	18610	18652--18341	18454	18545	18511	0.70
BANK NIFTY	43160	44315--43100	43618	43478	42463	1.13

My List Of Stocks for short term Trading

Momentum FACT- POWERINDIA- YESBANK- IRB- REDINGTON- SPARC

Bullish Stocks as per my scanner FACT- JSL- SWANENERGY- IRB- JKPAPER- LICI- KRBL- GODFRYPHLP- HIKAL- DALBHARAT- KALPATPOWR- POLYCAB- INDIGO- AEGISCHEM- MEDPLUS

Bearish Stocks as per my scanner ADANITRANS- HCLTECH- BAJFINANCE- SUNPHARMA- ICICIPRULI- JUBLFOOD- LAURUSLABS- METROPOLIS