"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
Just like yesterday, the jump in options premium at CE side was explosive. BAJFINANCE +7.19%, BAJAJFINSV +5.8% was the main reason for the gap-up opening. This screenshot was taken at 10.12 almost near the end of the opening 1hr, Finnifty was around the 20300 level. Its quite understood when the near ATMs has so high premiums — but the far away OTMs is unusual....
Finnifty important intraday levels to watch. #Current price: 20390 #Support: 20320. Sell below 20320. Targets are marked in green line on the chart. #Resistance: 20420-20440 Buy above 20440. Targets are marked in red line on the chart. As this is weekly expiry, do not hold any position for long time. scalp out the spikes and enjoy profits. safe...
Data is indicating mix view so if you see it is making proper support at levels then go for ce and same with resistance but wait for proper setup dont jump blindly market trading near all time high
"Good morning! As of July 4th, the global market is showing a neutral start with a bullish market sentiment. It might follow the previous rally. If it experiences a pullback similar to that, we can expect the rally to continue with a minor correction. On the other hand, if the initial market experiences a sharp decline, we can anticipate a 23% to 38% Fib correction."
Before we discuss the daily analysis, let me pull up the huge explosive jump in Finnifty CE prices. Usually I dont bore you with FinNifty chart or number unless its expiry day, but today requires some real attention! This screenshot was taken at 13.09 today, with just 1 more day to expiry the jump in premiums were hugely unusual. Agreed Finnifty was up 1.25% by...
LATENT VIEW BUY 352 SL 331 TG-374/405+ . . . . . This is only for education purpose
FinNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to...
This are the most important levels of all tree index you should keep eye on it profit booking will come
Becuase of some reason im not drwaing all this levels put this on your charts and see how it works
"Good morning! As of June 30th, there is no significant difference compared to the last session. the global market is showing a positive start with bullish market sentiment. It might open with a gap-up. After that, if it rejects the immediate resistance zone, we can expect a minor correction for rally continuation. Alternatively, if the correction breaks the Fib...
"Good morning! As of June 28th, the global market is showing a positive start with bullish market sentiment. It might open with a gap-up. After that, if it rejects the immediate resistance zone, we can expect a minor correction for rally continuation. Alternatively, if the correction breaks the Fib level of 38%, it might turn the range market into a correction."
The trend started in Finnifty which was responsible for the last hour surges in BN and N50. If you look at the Finnifty chart today - it was positive right from the start. From 11.10 to 15.10 we had a decent rise of 1.27% ~ 248pts. Today was the expiry day & till 14.00 we did not see any major impact to the options premium. But right after that the CE premiums...
3 reasons for a positive outlook. 1- NMDC is trying to bounce back from the Fibbo 50% level. 2- Price has given the breakout of the falling trend line and trading above the breakout level. 3- MACD has turned positive after positive diversion. It looks suitable short term trading with favorable RR ratio. Disclaimer - I am not a SEBI-registered technical analyst...
today is finnifty expirty and shortcovering possibile on the CE side. if it sustains above 19550 level then we can see up to 19700.
Because of month expiry data is not showing proper direction We will be neutral for rest of this week
"Good morning! As of June 27th, The global market is showing a neutral to a slightly positive start with a moderately bearish market sentiment. There is a possibility of a slight gap-up opening. If the market experiences a pullback afterward, we can expect a minor pullback to reach the immediate resistance zone. If the market turns around there, we can anticipate...
FinNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to...