Finance Nifty - Below weekly support
FinNifty broke weekly support trendline. Next support at 17434 spot
Retest possible at 17950 before fall
Range - 17950 - 17434. Break down below 17434 will turn the index super bearish
Finnifty
Finnifty Trading day 24/2/23 "The global market indicates a positive start. The market's nature is moderately bullish, and it may start with a gap-up. After that, if the market is rejected around the major resistance, we can expect a correction. Alternatively, if the market consolidates that zone, it's a sign of pullback continuation. On the other hand, if the initial market declines, we can expect a range-bound to correction."
Finnifty"The global market indicates a positive start. Structurally, the market's nature is bearish. It may start with a gap-up. After that, if the market declines, it will fall further. On the other hand, if the gap-up sustains, we can expect the Fib level to be at a minimum of 50 to 61%."
Finnifty Confirm targets
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty – 17895 – 17915
Second Support Zone For Finnifty – 17670 – 17705
Third Support Zone For Finnifty – 17551 – 17563
Resistance Zones For Finnifty Intraday Trading
First Resistance Zone For Finnifty – 18137 – 18158
Second Resistance Zone For Finnifty – 18250 – 18267
Third Resistance Zone For Finnifty – 18355 – 18370
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.56 ( Bearish )
Max Pain as per Option Chain Analysis – 17900
Major Resistance as Per finnifty Open Interest Analysis – 18100
Major Support as Per finnifty Open Interest Analysis – 17500
Finnifty"The global market is expected to start with a negative tone, as the overall sentiment is moderately bearish. There may be a gap-down at the beginning of the trading session. If the market takes a pullback around HDZ, we could see a minimum 23% to 38% Fibonacci retracement. On the other hand, if the gap-down sustains around the HDZ, the market could experience further decline."
Finnifty expiry 21/02 AnalysisFinnifty 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
FinniftySGX Nifty indicates a neutral start, but the market nature is bearish. It may start with a neutral. After that, If the market takes to pull back, we expect a minimum 61% to 78 Fib level. On the other hand, if the market declines initially, we expect a correction.
FinNifty: Tuesday - 21/02/23Levels:
Support: 18200, 18130, 18075
Resistance: 18320, 18475, 18575-18600
Trade Setup:
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Trade | Level | SL | T1 | T2
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BUY | > 18350 | 18290 | 18400 | 18500
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SELL | < 18180 | 18230 | 18120 | 18075
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FINNIFTY - View & Intraday Levels for 21 Feb 2023 (Expiry Trade)Finnifty View and Levels for Tomorrow
BEARISH with Negative Sentiment. More Down move is expected.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Finnifty"SGX Nifty indicates a positive start, but the market nature is moderately bearish. It may start with a gap-up. If the market sustains, we expect a minimum 50% to 61% Fib level pullback. If it rejects that pullback, then we expect a correctional wave. On the other hand, if the market declines initially, we expect consolidation before a correction."
Finnifty"The global market indicates a negative start, with a moderately bearish trend. It may start with a gap down. After that, we expect a correction that may reach HDZ. If the market experiences a pullback around HDZ, we expect a minimum pullback of 23 to 38%. On the other hand, if the initial market rejects the immediate support zone, we will expect the previous day's high."
FinniftyThe global market is indicating a positive start and the market's nature appears to be bullish. We may even see a gap-up at the start of trading. However, if the market subsequently rejects major key levels, we can expect a correction. On the other hand, if the initial rejection is only minor, that could be a sign of a rally continuation without breaking the previous low.
FinniftyThe global market is indicating a negative start, but the market nature is bullish. It may open with a gap-down, but if the market takes a sharp pullback, the previous rally is likely to continue. On the other hand, if the market declines sharply without any pullback, it could reach a minimum of a 61% to 78% Fibonacci correction.
FINNIFTYHi guys, In this chart i Drew My Best Levels in FINNIFTY for Buying in Intraday, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Finnifty #finnifty - "gud morning, friends. The global market indicates a neutral start. The market sentiment is moderately bullish. It may start neutrally, but structurally, it will likely experience a minor pullback. After that, if the market sharply rejects around 18480 to 18518, then we expect a correctional wave. On the other hand, if the pullback sustains, it will reach the range top."
Finnifty - View & Intraday Levels for - 14 Feb 2023Finnifty : My view is BEARISH as its trading below Weekly CPR
Finnifty likely to open Flat, if any rejection around 18490 / 18465 then we can take SELL entry for lower side targets 18350 and below
Bullish view Only above Weekly CPR - & 18437, so until its sell on raise.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
FinNifty: Tuesday - 14/02/23Levels:
Support: 18400-18380, 18340, 18250
Resistance: 18460, 18550, 18660, 18775
Trade Setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18470 | 18420 | 18550 | 18650
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SELL | < 18300 | 18350 | 18200 | 18100
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Finnifty "Good morning, friends. The global market is indicating a neutral start with a moderately bullish nature. The market may begin with a neutral tone and correct slightly. If there is a pullback, we can expect a range top. However, if the initial market decline is sharp, it may reach the major support zone at 38%. If the market breaks the 38% level, it will fall further."
Consolidation about to breakout in FinNifty. Consolidation about to breakout in FinNifty.
Important Levels
---- 18450-18550 is a good supply zone (also to be considered as No Trading Zone). Might see a run till 18800 if breaks out and sustains above 18550.
---- 200EMA above current price on 1H timeframe
---- Long run can be captured if breakout happens at all above levels with good volume.
FinniftyGood morning, friends. The global market is indicating a negative start. Structurally, the market is moderately bullish. It may start with a gap-down. If the market takes a sharp pullback after that, we can expect a continuation of the rally. On the other hand, if the initial market decline is sharp, it may reach 38%, which is a major support zone. The market should reach this zone with minor consolidation, then only we can expect a pullback. If the market reaches this zone with a sharp correction, there is a possibility of further decline.
Finnifty#finnifty - Happy morning friends. The global market indicates a Neutral start. The market nature is moderately bullish. It may start with neutral. After that, if the market breaks the harmonic supply zone then we will expect a rally continuation, it will reach a swing high to 78%. On the other hand, if the initial market declines sharply, then we will expect a correction.
Finnifty#finnifty - Happy morning friends. Today our market has RBI monetary policy meeting. This is an important event. Therefore, most likely the market will follow the event. But my point is that The global market indicates a positive start. The market nature is moderately bullish. It may start with Gap-up. After that, if the market rejects around hsz to swing high, then we will expect a minor correction. On the other hand, if the initial market declines sharply, then we will expect a correction. That should break the fib level of 38%.
Finnifty Confirm Targets for 08 Feb Finnifty One Hour Chart Analysis For Intraday Trading
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty - 18300 - 18317
Second Support Zone For Finnifty – 18138 - 18158
Third Support Zone For Finnifty – 17893 - 17914
Resistance Zones For Finnifty Intraday Trading
First Resistance Zone For Finnifty – 18450 - 18460
Second Resistance Zone For Finnifty – 18605 - 18595
Third Resistance Zone For Finnifty – 18660 - 18670
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.81 ( Bearish )
Max Pain as per Option Chain Analysis – 18400
Major Resistance as Per finnifty Open Interest Analysis – 18600
Major Support as Per finnifty Open Interest Analysis – 17700
