manojshinde27

Finnifty Confirm Targets with Trading Plan for Expiry

Short
NSE:CNXFINANCE   Nifty Financial Services Index
Finnifty End of Day Analysis to Identify Potential Trading Opportunities for the Next Trading Day


Finnifty Supports
Support 1 - 20430
Support 2 - 20310
Support 3 - 20215


Finnifty Resistance
Resistance 1 - 20670
Resistance 2 - 20770
Resistance 3 - 20915


Finnifty Trend Signal From Open Interest Analysis

PCR ratio as per Option Chain Analysis - 1.016 ( Bullish)
Max Pain As per Option Chain Analysis - 20500
Major Resistance as Per Finnifty Open Interest Analysis - 21000
Major Support as Per Finnifty Open Interest Analysis - 20000

Long Opportunity in Finnifty Trading
As we Know Finnifty is in a uptrend, But at Major Resistance
Buying opportunity will be above Resistance 20670 or near Supports - 20310/20100

Short opportunity in Finnifty Trading

Finnifty is at Major Resistance If nifty Sustain below 20600 then try to Short nifty or buy nifty Put option Contract keep a small stop loss


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