My Trade plan
Nifty and Bank Nifty Spot trading levels for 30th, Oct., 2024
Nifty and Bank Nifty Spot trading levels for 30th, Oct., 2024
Rules:
Chart : candlestick 5m chart.
Indicator : NO INDICATOR
NIFTY
Draw Two horizontal lines on the 5m candle stick chart, at 24490 and 24260.
Buy if the candle closes above 24260 keep stop loss lowest low of the previous 4 candles, book profit 40 to 50 points.
Sell if the candle closes below 24260 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 52360 and 51840
Buy if the candle closes above 52360 keep stop loss lowest low of the previous 4 candles, book profit 150 to 200 points.
Sell if the candle closes below 51840 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 | 24680 | 24710--24221 | 24364 | 24411 | 25613 | 0.93 |
| BANK NIFTY | 51280 | 52905--51734 | 51985 | 51249 | 52604 | 1.37 |
My List Of Stocks for short term Trading
Momentum
DEEPAKFERT- HOMEFIRST- DIXON- HINDZINC- MCX- ICICIBANK- PPLPHARMA- BANKBARODA- HDFCBANK |
Bullish Stocks as per my scanner MCX- USHAMART- AMBER- MFSL |
Bearish Stocks as per my scanner
ASTRAL- ELECON- HEROMOTOCO- DABUR- MARUTI- TATAMOTORS- VLEGOV- SENCO- SYMPHONY- IDEAFORGE- IFBIND- SPANDANA |
