FinNifty levelsFinNifty 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 bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
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Finniftyexpiry
FinNifty levelsFinNifty 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 bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Finnifty Expiry Tradesetup 13th June 2023 Options Trading Levels
Finnifty Expiry Tradesetup 13th June 2023 Options Trading Levels
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
FinNifty levelsFinNifty 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 bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
FinNifty levelsFinNifty 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 bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
FinNifty levelsFinNifty 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 bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
Wishing you success in your trading activities!
finnifty 24th may triangle pattern finnifty is continuing in triangle pattern and it is yet to break long support trend line. If it breaks the trendline support at 19377 then possibly it can go 19089 level. If it takes support at 19377 level and bounce back then possibly finnifty can be in the range bound or it can go 19589 level.
don't be bullish or bearish. Trade with the market direction
BUY Above 19431(FINNIFTY 19350 CE) Target 19465,19497,19534,19587
SELL Below 19268 (FINNIFTY 19350 PE) Target 19212,19147,19089
FINNIFTY triangle pattern on 23rd mayFInnifty is forming triangle pattern and it should break either way. But looking at the OI data this might end up in range bound or mostly towards 19089 level.
BUY Above 19431(FINNIFTY 19350 CE) Target 19465,19497,19534,19587
SELL Below 19268 (FINNIFTY 19350 PE) Target 19212,19147,19089
PostMortem on BankNifty Today & Analysis of 16 MAY 2023 FinniftyThere was a fall of 306pts ~ 0.7% between 14.40 to 15.20, even then banknifty does not appear as negative as Nifty50 after today's session.
The options traded on banknifty CE side was really commendable, but nothing like Nifty50 CE strikes. In the same comparison period N50 only fell 0.61% but the preceding price action is what makes it more bearish than BN.
Last 2 to 3 days we have been discussing the unique situation where BN is hovering around ATH and N50 is below by 3 to 4%, ideally one should expect N50 to catch up and BN to stay flat - but the price action we had last 2 days shows N50 bearish and BN flattish.
The options trader has more volatility available in N50 than BN and with the lower margin requirements N50 trading is generally more profitable & safer these days.
Just look at how the far OTMs are getting traded, 8 digits volume. Near ATM is having 9 digit volume.
After seeing the N50 bearishness, I was also expecting banknifty to fall more than 1% - but it did not. This divergence cannot really last long, and if banknifty starts falling - we can fairly assume the implied volatility to shoot up. This will help many option traders switch back to BN esp on expiry day.
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15mts has formed a rounded top like formation, if the 1st support level of 43253 is getting taken out tomorrow - then we can prepare for some bearish moves ahead. Until the support is breached, banknifty bulls will not give up
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1hr TF is not looking bearish at all, its in fact in a perfect bullish trajectory. Now for the longer term trend to stay intact - all the components has to aid the bullish momentum. Its practically impossible for BN to keep outperforming N50 - remember BN is a subset of N50, N50 is the bigger index.
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Finnifty Expiry
Finnifty was looking quite negative right from the start, it may be because HDFC and HDFC had a poor start. Bajaj twins were counter balancing the fall in HDFC twins to keep the finnifty index from crashing.
From an expiry perspective, even after a 0.74% ~ 144pts fall today, the support level of 19415 was not breached. This has to be taken positively to an extent, but the price action shows further bearishness. Remember we just hit a new all time high yesterday - 19631.85.
FinNifty Key Trading Levels for 18th Apr 2023-Expiry trade SetupFinNifty Key Trading Levels for 18th Apr 2023-Expiry trade Setup
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
FIN NIFTY TARGET LEVELS FOR MONDAY 20TH MARCHNSE:CNXFINANCE FINNIFTY also has given closing just below the resistance area like nifty and bnf, likely to open negative, if opens flat/minor gapup and starts going down we can expect retest of fresh support below 17583 level and from support we may come back up for retest of 17800 range resistance area,
if fin nifty upens near support zone and breaks it in 1 candle of 15 min then we can expect to achiueve down side targets easily, we may see finnifty break its reakdown level by expiry if we get cklosing below support zone.
FIN NIFTY CAN TOUCH 17250 LEVEL TOMORROW expiry specialNSE:CNXFINANCE FINNIFTY can countinue the sideways move tomorrow as well, can try entering short position if opens near/in resistance area and starts falling and can hold till current support or try to achieve extra points till target zone if finnity shows signs of breaking todays's support zone.
Finnifty Expiry Day Confirm Targets
Finnifty Expiry Possible Long Trade or Finnifty Call Side Trade
17500 CALL First Target – 180
17500 CALL Second Target – 232
Finnifty Next Support Zones for Long Trade
First Support Zone For Finnifty – 17425 – 17445
Second Support Zone For Finnifty – 17235 – 17255
Third Support Zone For Finnifty – 17000 – 17030
Finnifty Next Resistance Zones for Short Trade
First Resistance Zone For Finnifty – 17700 – 17720
Second Resistance Zone For Finnifty – 17835 – 17850
Third Resistance Zone For Finnifty – 17900 – 17915
Finance Nifty Daily Levels Update for 14 feb 2023
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty - 18289 - 18305
Second Support Zone For Finnifty – 18137 - 18158
Third Support Zone For Finnifty – 17893 - 17915
Resistance Zones For Finnifty Intraday Trading
First Resistance Zone For Finnifty – 18640 - 18660
Second Resistance Zone For Finnifty – 18800 - 18823
Third Resistance Zone For Finnifty – 18955 - 18970
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.78 ( BULISH )
Max Pain as per Option Chain Analysis – 18500
Major Resistance as Per finnifty Open Interest Analysis – 18700
Major Support as Per finnifty Open Interest Analysis – 18400
Finance Nifty Daily expiry Confirm Targets 24012023 Finnifty Expiry Day Trading Levels
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty – 18750 - 18760
Second Support Zone For Finnifty – 18595 -18605
Third Support Zone For Finnifty – 18450 -18460
Resistance Zones For Finnifty Intraday Trading
First Resistance Zone For Finnifty – 18920 - 18935
Second Resistance Zone For Finnifty – 19040 - 19050
Third Resistance Zone For Finnifty – 19195 - 19205
Importent Signal from finnifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.89 ( Bearish )
Max Pain as per Option Chain Analysis – 18900
Major Support as Per finnifty Open Interest Analysis – 19000
Major Resistance as Per finnifty Open Interest Analysis – 18500