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.
Finniftyanalysis
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 #finnifty - 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%.
FinniftyThe global market indicates a neutral start. The market nature is range bound. It may start with neutral. 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%.
FinniftySGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation, it will reach 61 to 78%. On the other hand, if the market rejects sharply around 61 to 78 then we expect correction continuation. It should break fib level 38%.
FinniftySGX nifty indicates a negative start. Market nature is bearish. It may start with a gap-down. After that, if the market takes a pullback without breaking the previous day's low, then we expect minor consolidation to pull back. On the other hand, if the initial market takes a sharp correction, that's a sign of correction continuation.
FinniftyThe SGX nifty indicates a positive start. But today we have an important event and that is the Union Budget. It will start around 11 am. So most likely the market will act based on this phenomenon. There I prepared chart based on Elliott wave on hourly chart. It might work. But take your position a bit more carefully.
finnifty Confirm Targets 01 Feb 2023 Finnifty Confirm Targets with Budget day Trading Setup for tomorrow
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty - 17904 - 17930
Second Support Zone For Finnifty – 17670 -17700
Third Support Zone For Finnifty – 17550 -17565
Resistance Zones For Finnifty Intraday Trading
First Resistance Zone For Finnifty – 18137 - 18158
Second Resistance Zone For Finnifty – 18300 - 18320
Third Resistance Zone For Finnifty – 18450 - 18460
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.81 ( Bearish )
Max Pain as per Option Chain Analysis – 18100
Major Resistance as Per finnifty Open Interest Analysis – 18500
Major Support as Per finnifty Open Interest Analysis – 17600
FinniftySGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation. On the other hand, if the initial market declines sharply then we expect correction continuation, but the market should break yesterday's low.
FinniftyThe global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
Blasting analysis for FIN-Nifty again for 27/01/23😎✌️FIN-Nifty will gap-up or show a strong upside rally if it wants to go down side then it should take a deeper pullback so be aware of that and then it may come down and show us some correction.
Nothing more for today. Just simple analysis if it happens i will trade otherwise I can avoid if market performs against my analysis.
Use small sl according to your risk management or capital
Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice
FinniftyThe global market indicates a slightly positive start. The market nature is moderately bearish. It may start with a gap-up. After that, if the market rejects sharply around 38 to 50% fib level, then we expect a correctional wave. On the other hand, if the pullback sustains around the key zones, it will go further with some consolidation.
FinniftyThe SGX nifty indicates a neutral to slightly negative start. The market nature is neutral. If the market starts with neutrality, we expect a minor pullback. If this pullback reaches the fib range around 61 to 78%, it may take a correction. On the other hand, if the market breaks yesterday's low, then we expect the correction continuation.
finniftyDISCLIMER
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
FinniftyThe global market indicates a neutral start. market nature is slightly bearish. It may start with neutral. After that, if the market takes a pullback, then we expect the range bound to pullback continuation. On the other hand, if the initial market declines sharply, then it will fall further.
FinniftyThe global market indicates a negative start. Structurally, the market trend is bullish. It may start with a gap-down, after that, if the initial market takes a pullback of around 38% then we expect a rally continuation. On the other hand, if the market breaks 38% sharply, the market will fall further.
FinniftyThe global market indicates mixed sentiment. market nature is slightly bullish. The market starts with neutral. After that, if the market breaks immediate resistance, then we will expect a rally continuation. On the other hand, if the initial market decline sharply, then it will take consolidation to correction.
Finnifty analysis is here for your demand ✌️✌️According to trend the finnifty may show buying till or near to 18800 and after touching that level if finnifty forms lower low condition for 2-3 candle or forms dowble top pattern then go for short using 3 minutes chart and the sl will be swing high or >18800 which is the high of the 1st supply zone drawn in the chart. Your target will be 18500-18450 not more than that if market break the demand zone in the chart then use trailing sl to get more 🤗🤗. My suggestion will be use trailing sl after getting 50% of the target using 7 sma.
Another case which possibility is too low but still market is supreme we have prepare always. Finnifty may open gap down at 18500 then wait for higher high or let the market create double bottom pattern then only go for long.
FinniftyGood morning everyone. We have Pongal festival, I will not be able to post on those days. Hence this pre-post. The global market has a positive sentiment. The market nature is bullish. It may open with neutral to slightly positive. After that, if the market breaks the previous day's high, then we will expect a minor pullback. On the other hand, if the initial market decline sharply, then we will expect a correctional wave. It should break fib level 38%.
FinniftyThe global market indicates a positive start. Market nature is slightly bearish. It may start with neutral to gap-up. After that, if the market sustains the start, we will expect a solid rally. Thereafter, if the market rejects around the major resistance (18861 to 78%), then we will expect a correction. On the other hand, if the initial market rejects sharply, then we will expect the rang-bound market to correction.