Monday, October 19, 2026

My Trading plan : 21-Oct-26

 Nifty will remain closed on 20th Oct on account of Dusshera

The levels for 21-Oct-26 are as follows:

Steps:

1. Look at the ATM IV of next weeks expiry and divide the average by 15.87 (sqr rt of 252 days) because IV projects yearly volatility

2. Add the % result to current spot price to get projected high

3. Subtract the % result from current spot price to get projected low

4. mark 50% of the % result for important up/down move from projected high/low   


Example:

Nifty spot closed at 22888 on 19-Oct-26

The ATM IVs of the next week expiry of 27-Oct-26 is as follows

11.07 + 11.19 + 14.17 + 14.15 = 50.58 / 4 = 12.64/15.87 = 0.79% ( this is step 1)



Step 2 : Projected High = Nifty spot + 0.79% = 22888 + 0.79% = 23068
Step 3 : Projected Low = Nifty spot - 0.79% = 22888 - 0.79% = 22707
Step 4 : Important levels = 0.79/2 = 0.395% = 22888 X 0.395% = 90 points
Important level from low = 22707 + 90 = 22797
Important level from high = 23068 - 90 = 22978

For 21-Oct-26 Nifty key levels to watch would be :
23068
22978
22888 (close price)
22797
22707
 

My Trading plan : 19-Oct-26

 Nifty levels based on IV Average







Nifty levels for 19-Oct-26 formula : Average of all 4 IV / 15.87 to get daily % move

19.48/15.87 = 1.22%


23146 +1.22% = 23428 projected High - 500 = 22928 Important support

23146 - 1.22% = 22863 projected Low + 500 = 23363 Important resistance


23428 projected High - 250 = 23178 Important level for further up/downmove

22863 projected Low + 250 = 23113 Important level for further up/down move



EOD Nifty. It perfectly revversed from important level predicted and went down to project low, have a look





Will be looking at PNB today for cash market intraday 

PNB levels: 119.30 (high) -113.30 (low) based on IV levels

 




EOD for PNB I did not trade PNB because it opened beyond the projected high.






Wednesday, October 14, 2026

Tuesday, October 13, 2026

My Trading plan: 14-Oct-2026

 Nifty Levels (Spot)



Sail stock levels (spot)


















Nifty EOD levels 14-Oct-26






SAIL Stock EOD levels 14-Oct-26




My trading plan: 13-Oct-2026

 Nifty levels (Spot) :



Sail Stock Levels (Cash)















EOD on 13th Oct : 
Nifty levels were : Open : 22364, High: 23721, Low: 23288, Close: 23721

Sail Stock : Open 170.34, High 174, Low 169.78, Close 172.77
 


Wednesday, May 6, 2026

 06-May-26 daytrading plan

Shriram finance : range 961-974

REC : range 356-364

union bank : 162.90-166.90