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viswaram

3rd Oct ’23 - PostMortem on FinNifty + weekly expiry

Nifty Financial Services Index (NSE:CNXFINANCE)  
viswaram  
NSE:CNXFINANCE   Nifty Financial Services Index
Trend Analysis Harmonic Patterns Chart Patterns finnifty finniftylevels finniftyintraday finniftytargets finniftyintradatradesetup finniftykeytradinglevels finniftyanalysis finniftyintradaylevel finniftytradesetup
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trendanalysis harmonicpatterns chartpattern finnifty finniftylevels finniftyintraday finniftytargets finniftyintradatradesetup finniftykeytradinglevels finniftyanalysis finniftyintradaylevel finniftytradesetup
FinNifty Weekly Expiry
Between the last expiry and today, Finnifty has lost only 80pts ~ 0.4%. The options premium was staying pretty low today also, one of the reasons could be the 4-day expiry as we had a holiday yesterday.

Strangely FinNifty is not looking as bearish as BankNifty - I am still inclined to go neutral on the 1hr chart. Also, the first support of 19421 looks pretty far away. In case FinNifty outperforms BankNifty - then the stocks to watch out would be the Bajaj Twins

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