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trademanthan

Breakout setup in FinNifty, Expiry 03Jan2023

Long
Nifty Financial Services Index (NSE:CNXFINANCE)  
trademanthan  
NSE:CNXFINANCE   Nifty Financial Services Index
Trend Lines Fibonacci Support and Resistance finnifty expiry expirystrategy
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trendline fibonacci supportandresistance finnifty expiry expirystrategy
There is a possibility of breakout in upside in FinNifty as it has already broke the bearish trend line and taking support of bullish trend line, currently it is trading above the neckline support.
One can go bullish once it starts trading above 19100-19110 levels, target would be 19300.

The above analysis is only for education and research purpose
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