My Trade plan
Nifty and Bank Nifty Spot trading levels for 29th Nov., 2024
Nifty and Bank Nifty Spot trading levels for 29th Nov., 2024
Rules:
Chart : candlestick 5m chart.
Indicator : NO INDICATOR
NIFTY
Draw Two horizontal lines on the 5m candle stick chart, at 24060 and 23870.
Buy if the candle closes above 24060 keep stop loss lowest low of the previous 4 candles, book profit 40 to 50 points.
Sell if the candle closes below 23870 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 52290 and 51780
Buy if the candle closes above 52290 keep stop loss lowest low of the previous 4 candles, book profit 150 to 200 points.
Sell if the candle closes below 51780 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 | 24385 | 24153--23675 | 24044 | 23708 | 24729 | 0.72 |
| BANK NIFTY | 51280 | 52487--51325 | 52149 | 50731 | 51635 | 0.88 |
My List Of Stocks for short term Trading
Momentum
MANINFRA- NAVKARCORP- 63MOONS- KARURVYSYA- SERVOTECH- KEC- INDIANB- VPRPL- MEDPLUS- ASTERDM |
Bullish Stocks as per my scanner ITI- HUDCO- SYRMA- ASTERDM- LAURUSLABS- BIOCON- DEEPAKFERT- PAYTM |
Bearish Stocks as per my scanner
BPCL- SUNPHARMA- SWSOLAR- MARUTI- ASIANPAINT- BAJAJFINSV- NESTLEIND- BAJAJAUTO- NTPC- TATACONSUM- ADANIPORTS- BAJFINANCE- SHAKTIPUMP- SBILIFE |
