FinNifty intraday trading levels for weekly expiry 23/03/24.
Finnifty has given a gap up opening and closed around the opening price forming a dragon fly doji.
If there is a gap up opening, chance of filling up the gap is highdn even testing higher levels are high.
Major resistance levels :- 21500, 21630
Tomorrow is the weekly expiry for the index and it has consolidated today. A trending move can be there in the index.
Gap down opening in the market may take some opportunities in intraday and there can be a consolidation as today.
Watch for the levels and candlestick pattern around the levels. 21350 levels has been tested many times and if there is a break out after a flat to slight gap down opening, a trending bullish move can be captured.
Support levels :- 21200, 21020
Wait for the price action near the levels before entering the market.
If there is a gap up opening, chance of filling up the gap is highdn even testing higher levels are high.
Major resistance levels :- 21500, 21630
Tomorrow is the weekly expiry for the index and it has consolidated today. A trending move can be there in the index.
Gap down opening in the market may take some opportunities in intraday and there can be a consolidation as today.
Watch for the levels and candlestick pattern around the levels. 21350 levels has been tested many times and if there is a break out after a flat to slight gap down opening, a trending bullish move can be captured.
Support levels :- 21200, 21020
Wait for the price action near the levels before entering the market.
