My Trade plan for
Nifty and Bank Nifty Futures trading on 30th, April., 2024
Nifty and Bank Nifty Futures trading on 30th, April., 2024
Rules:
Chart : candlestick 5m chart.
Indicator : NO INDICATOR
NIFTY
Draw Two horizontal lines on the 5m candle stick chart, at 22670 and 22510.
Buy if the candle closes above 22670 keep stop loss lowest low of the previous 4 candles, book profit 40 to 50 points.
Sell if the candle closes below 22510 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 49480 and 49070.
Buy if the candle closes above 49480 keep stop loss lowest low of the previous 4 candles, book profit 150 to 200 points.
Sell if the candle closes below 49070 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 | 22350 | 22869--22417 | 22580 | 22414 | 22187 | 1.12 |
| BANK NIFTY | 47980 | 48707--47694 | 49080 | 48170 | 47038 | 1.65 |
My List Of Stocks for short term Trading
Momentum
BLS- AIAENG- APOLLOHOSP-- VAIBHAVGBL- BSE- PCBL- INTELLECT- KPITTECH- JBMA SBICARD |
Bullish Stocks as per my scanner AEGISCHEM- TEJASNET- AUBANK- NAVINFLUOR- TORNTPOWER- TATAPOWER- VEDL- PNBHOUSING- CUMMINSIND- HSCL- JUSTDIAL |
Bearish Stocks as per my scanner
BSOFT PERSISTENT ASTERDM ICICIPRULI TATACOMM VERANDA RELINFRA SPARC HCLTECH |
