Shivam Vijay Sutar

Trader, Investor,Finance Trainer

Previous day Overview :- 28^th March 2022

As we can see the entire trading day was too volatile for intraday trading, but if we analyze higher timeframes likes 1W and 1D we can understood that market will gain around 1000 points in next days.
As I stated above current market is best for swing trading as well as for current top 10 Nifty50 stock.
As per view for swing trading, 17150 is support level for Nifty50 if that level will broke then 16800 and 16600 are strong support levels.
While resistance levels for swing traders are 17450 and 17600 in that 17450 is major resistance level which should have broke as soon as possible.

Next day plan :- 29^th March 2022

The entire plan is divided into two steps which is quite understandable and explained as below
Step no. 1 :- The major plan tomorrow is that we have to watch the resistance level of 17450 because it can give market push towards downside.
If by chance that level will broke we have to take a buy until the another resistance level of 17550.
Step no 2 :- In our next trade plan we have to watch the support level of 17200 if market took that support perfectly quickly we have to buy until our next level 17400.

Best Indicator strategy for Next Day 29^th March 2022 :-

MACD + Stochastic RSI + EMA 50

Applicable News for Next Day 29^th March 2022 :-

As we can see there is no any applicable as well as perfect news for Indian market but the ongoing war between Ukraine and Russia has signs that the war is coming to an end as both countries presidents are agreed to talking about the ending of war.

Miscellaneous Information :-

My one request to all new traders is that don’t enter in market with all of your equity
Again make your own analysis with price action as well as fundamental analysis.

Thank you.