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Rule No-1 : Open the Trending IO chart for ATM Strick price for Bank Nifty and Nifty in https://instaoptions.fyers.in/ OR you can use https://tradingtick.com/ Call Vs Put Open Interest chart
Reason: Which shows the bias of the market, ex: if more calls are writing then its Bearish sentiment, if more puts are unwinding then Super Bearish and vice versa
Rule No-2: Draw support/Resistance levels in one Day chart of Bank Nifty and Nifty and draw 61.8% retracement levels.
Reason: Better to trade based on bigger time frame market levels.
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