Finance Nifty 12 Jan Trade Plan

By | January 11, 2024 9:05 pm

As Discussed in Last Analysis

We again saw a voaltile move yesterday with Rahu aka North Node creating voaltlity and finance nifty recovering in 2 session for the day, Price is still below 20 DMA and today being New Moon and Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes. We will get INFY and TCS Results today so again we will see voaltile move and tommrow we can see a trending move.

Infosys is trading at 5% up it will impact FInance Nifty if Nifty has to trade Neutral based on Increase in US CPI Data. Break of today low 21170 can lead to fall towards 21095/21008. Today were 2 Important astro date and 14 Jan is Aniversay date  and Solar Eclipse time cycle date so carry overnight position tommrow with hedge.

CPI 0.3% MoM, Exp. 0.2% CPI 3.4% YoY, Exp. 3.2%

CPI Core 0.3% MoM, Exp. 0.3% CPI Core 3.9% YoY, Exp. 3.8%


Finance Nifty Trade Plan for Positional Trade ,Bulls will get active above 21250 for a move towards 21313/21386 Bears will get active below 21168 for a move towards 21095/21008.

 Traders may watch out for potential intraday reversals at 10:11,1:06,1:46,3:04 How to Find and Trade Intraday Reversal Times

Finance Nifty Nov Futures Open Interest Volume stood at 71600 with addition of 5640 contracts. Additionally, the increase in Cost of Carry implies that there was a addition of SHORT positions today.

Finance Nifty Decline Ratio at 11:08

Finance Nifty Rollover Cost is @21524 closed below it.

Finance Nifty Gann Monthly Trend Change Level : 21363

Finance Nifty has closed below its 20 SMA @21369  for 4 day.


Traders who follow the musical octave trading path may find valuable insights in predicting Bank Nifty’s movements. According to this path, Finance Nifty may follow a path of 20587-21182-21812 . This means that traders can take a position and potentially ride the move as Bank Nifty moves through these levels. Of course, it’s important to keep in mind that trading is inherently risky and market movements can be unpredictable.   Price is near 21182

According to the Finance Nifty options chain, the call side has the highest open interest (OI) at the 21300 strike, followed by the 21400 strike. On the put side, the 21200 strike has the highest OI, followed by the 21100 strike.  This indicates that market participants anticipate Finance  Nifty to stay within the 21200-21400 range. 

The Finance Nifty options chain shows that the maximum pain point is at 21250 and the put-call ratio (PCR) is at 0.85. Typically, when the PCR open interest ranges between 0.90 and 1.05, the market tends to remain range-bound.

Understand the larger framework in which trading occurs—how the complexity of the marketplace and your personality both must be taken into account in order to develop the mastery of trading.

For Positional Traders, The Finance Nifty Futures’ Trend Change Level is At 21483  . Going Long Or Short Above Or Below This Level Can Help Them Stay On The Same Side As Institutions, With A Higher Risk-reward Ratio. Intraday Traders Can Keep An Eye On 21348, Which Acts As An Intraday Trend Change Level.

Finance  Nifty Intraday Trading Levels

Buy Above 21250 Tgt 21277, 21300 and 21323 ( Finance Nifty Spot Levels)

Sell Below 21200 Tgt 21176, 21150 and 21125 ( Finance Nifty Spot Levels)

Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

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