Nifty Trading Plan for Friday 09 June

Nifty Support and Resistance Pivot Levels for Day Trading for Tomorrow

Today Nifty and Banknifty Reacted negative after RBI policy outcome

Resistance Zones for Nifty are as Given Below

R1-18670
R2 -18727
R3 -18800

Support Zones for Nifty are as Given Below

S1-18580
S2-18480
S3 -18445

In Nifty Where to Take Long Trade tomorrow
Long Above -18590
Long Above -18590
Long Above -18670

In Nifty Where to Take Short Trade tomorrow
Short Below -18780
Short Below - 17720
Short Below -17660


Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis - 0.77 ( BEARISH)
Max Pain As per Option Chain Analysis -18650
Major Resistance as Per Nifty Open Interest Analysis -18700
Major Support as Per Nifty Open Interest Analysis -18600