Finnifty expiry 21/02 Analysis
Updated
Finnifty is moving in a falling channel right now on 15 min tf and has also made a falling wedge pattern. The correction which has started from last thursday may get over by tomorrow first half and dips may be bought around 18080 level which may act as a demand zone support and also fibo level support.
Depending upon how option price behaves, one can track 18200CE for tomorrow as below
Depending upon how option price behaves, one can track 18200CE for tomorrow as below
Trade closed: target reached
Upside target reached even without the expected level of dip....18200CE hits high of 174+ Hopefully you made good gains here today
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