"Good morning, friends! As of October 18th, the global market sentiment is neutral to slightly negative, as indicated by the Dow Jones. However, our market is still within a range. It may open neutrally. If it breaks the previous day's low, the 50% Fibonacci level will act as strong support. If the market finds support there, we can expect the range market to...
FinNifty Weekly Expiry Analysis
Between the last expiry and today, Finnifty has only fallen 0.21% ~ 41pts. From a headline level the fall of 1.83% ~ 365 pts and its recovery is not obvious. Moreover FinNifty has respected the support level of 19421 and is trading at a safe distance from it.
As it stands Finnifty is not showing any directional sentiment, this...
Fin nifty is forming a head and shoulders pattern and it can go up to 19277 as par the pattern. Better to be neutral and trade with the market direction.
BUY Above 19480(FINNIFTY 19400 CE) Target 19540,19627,19692
SELL Below 19373 (FINNIFTY 19300 PE) Target 19336,19297,19256
finnifty looks like gaupup opening and from there it can fall and take support at 19450 level and bounce from there.
BUY Above 19540(FINNIFTY 19500 CE) Target 19579,19623,19692
SELL Below 19445, (FINNIFTY 19500 PE) Target 19386,19337,1927,19256
Finnifty Support and Resistance levels where the buying and selling pressures are Expected to be strong
Resistance Levels
R3-19482 -72
R2 -19330 -15 -Short Below 19310
R1-19255 -45 - Short Below 19240
Support Levels
S1-19165 - 75 - Short Below 19165
S2-19095 –105
S3-19030 - 40
S4-18970 - 82
Importent Signal...
Finnifty Importent Levels For Option Buying and Option Selling
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty - 17900 - 17910
Second Support Zone For Finnifty – 17825 - 17835
Third Support Zone For Finnifty – 17670 - 17690
Resistance Zones For Finnifty Intraday...
