#Finnifty directions and levels for DEC 6th."Good morning, friends🌺! As of December 6th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a gap-up start, considering the GiftNifty value at +60.
Afterward, if the gap-up has a solid structure, then we can expect the rally to continue. On the other hand, if the gap-up doesn't sustain or if it reaches the immediate resistance with minor consolidation, then it might turn into a correction. However, we should wait for confirmation to use the Fibonacci levels from yesterday's minor low to the upcoming high. If it breaks the 38% level, then we can expect a minimum 78% swing low."
Finniftyexpirydaysetup
FinNifty intraday levels for weekly expiry.Finance sector has finally made a new ATH and it was totally unexpected as there is a 3% move in both the finance indices.
FinNifty has given a nice upside move today. It has travelled more than 1000 points after break out of the recent swing high around 19780.
It has closed near to the day high which signifies some positive sentiment in the market.
Even the global markets reacted positively and now there can be a halt candle or a slight retracment.
If there is another gap up tomorrow, either it will take a halt or there will be a profit booking.
Gap down can create panic selling has the index has moved. It has given 6 consecutive green candle and there are chances of market taking a retest near the previous high and giving another move in december series.
Major Support levels :- 20670, 20420, 20235
The market is trading around the ATH and there is only round number resistance for the market.
Bullish trades can be created in small quantities as the market is stretched and may take a halt.
Wait for the price action near the levels before entering the market.
#finnifty"Good morning! As of September 12th, There is no significant difference between the last session. Global market sentiment is positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the gap-up doesn't hold, we can anticipate a minor correction."
#finnifty"Good morning! As of September 6th, there is no significant difference compared to the last session; the global market sentiment is neutral to slightly negative (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-down. Structurally, it is a range-bound market, so we can expect some consolidation. We can anticipate a directional move after a major support or resistance level is breached."
#finnifty"Good morning! As of September 4th, the global market sentiment is neutral to slightly positive (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-up. After that, if the market consolidates or breaks the immediate resistance, then we can expect a rally continuation. Alternatively, if it rejects there, then we can expect a correction, but that should break the Fibonacci level of 38%. I mentioned only the gap-up variation; however, if the market takes correction without breaking yesterday's high, then we could expect a correction ranging from 38% to 50% based on the structure. This is an indication of pullback continuation. Alternatively, if the correction breaks the Fibonacci level of 50%, then we can expect correction continuation with minor pullbacks."
#finnifty"Good morning! As of September 1st, the global market sentiment is slightly negative (based on the Dow Jones alone). The market trend is bearish, and the market might open with a neutral to slightly lower gap. In my personal opinion, the market might enter into a range from yesterday's low to the Fib level of 38%. Therefore, we can anticipate a directional move after the range breaks. However, if it breaches yesterday's low, it will likely reach the next support level immediately."
Finnifty Weekly Key Trading Levels 21st to 25th Aug 2023Finnifty Weekly Key Trading Levels 21st to 25th Aug 2023
Looking for profitable Options trading opportunities for the week of 21st Aug-25th August 2023. In this video, I'll be sharing the option buying and selling levels for Finnifty for the week 21st Aug-25th August 2023,Learn how to make informed decisions and maximize your returns in the stock market. Don't miss out on this valuable trading insight! Join me as we analyze the market and identify potential winning trades. Get ready to take your trading game to the next level.
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"Good morning! As of August 4th, there is no significant difference compared to the last session. However, the global market sentiment is slightly positive (based on the Dow Jones alone), and the market trend is bearish. There is a possibility of opening with a neutral to slight gap-up. Afterward, if the initial market breaks the previous day's closing price, it will reach the 38% Fib level. This level acts as a strong resistance, so there might be a rejection here. We can expect a continuation of the pullback only if the market breaks the 38% Fib level.
On the other hand, if the initial market experiences sharp declines, we can anticipate a continuation of corrections with minor pullbacks, but it should break the previous day's low."
FinNifty Level 1st Aug Expiry FinNifty Analysis
🕯️ Condition:-
🚀 If market open flat we will see Up side Movement till 20500 (Resistance Psy no)
🚀 If Market Open Gap Down Then Down Side movement till 20000 (Support Psy no)
🚀 Market Open Gap Up then Eat 5 Star 😅 (Do Nothing 🙂) May be Sideway
Note - Only For Education Purpose 🙏
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FinNifty IntraDay Chart Analysis 25th July 2023If Opening Flat - Between Range = 20461 to 20562.
* Strong Resistance Zone - 20612 to 20653.
* Strong Support Zone - 20461 to 20497.
* After Consolidation of minimum 25-30 minutes in the Flat range if candle closes below 20461
then 1st Target is 20409 and 2nd Target is 20375.
* I will think of Bullish trade only after the Breakout of 20653.
* I will avoid trading in the Flat zone.
#FinniftyGood morning! As of July 20th, the global market is indicating a positive start with GIFT Nifty showing a +2 points increase, resulting in a moderate bullish market sentiment. There is no significant difference compared to the last session, and there is a possibility of a slight gap-up opening. If the market maintains its structure, we can expect a rally continuation with minor corrections. However, in the event of a sharp decline in the initial market, we can anticipate only a minor correction.
04 Jul ’23 Post Mortem FinNifty ExpiryJust 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. 21000 CE was trading at 1.35, usually a strike 700pts away on expiry day would have premiums of 40 to 50 paisa around the same time.
If you really saw the price action, the real rally came between 11.35 to 13.25 period when the index even went to 20577 levels. This surge was mostly contributed by SBIN & KOTAKBANK along with HDFC twins which were already out-performing.
There was a dip of 0.9% between 13.30 to 14.25 — was that profit taking or signs of tiredness? I dont have the answer to that.
Between the last expiry & today Finnifty has gained 3.1% ~ 613pts. Its a remarkable achievement even when we had a holiday in between.
finnifty 4th july 2023finnifty is following the banknifty. So keep eye on banknifty while trading in finnnifty.
finnifty can move 200 points in eigther direction or it can end in range bound.
it can touch 20500 or it can go upto 20000 level.
Buy above 20300 target 20360,20447, 20533
Sell below 20200 target 20132,20052,19985
finnifty Expiry Trading Plan Potential Trading Opportunities in Finnifty for Expiry Intraday Trading
Finnifty Price levels where the Buying and selling Pressures are Expected to be Strong and it is top Finnifty Trading Indicator
Support Zones for Finnifty are as Given Below
S1- 19390
S2- 19300
S3 -19210
Resistance Zones for Finnifty are as Given Below
R1- 19460
R2 -18510
R3 -19570
Finnifty Option Chain Analysis for Intraday Trading
PCR ratio as per Option Chain Analysis - 0.85( Bearish)
Max Pain As per Option Chain Analysis -19500
Major Resistance as Per Finnifty Open Interest Analysis -19500 /19600
Major Support as Per Finnifty Open Interest Analysis -19300 / 19400
Finnifty Long Opportunity tomorrow in Intraday Trading -
If Finnifty Sustain Above 19410 then its Good Buying Opprtunity and Target is 19450/19500
Next Buying Opprutunity is Above Resistance 19300 , Dont buy below 19300
Finnifty Short opportunity tomorrow in Intraday Trading -
we can take short trade near Resistance If Finnifty not break Resistance of 19450 then its Good shorting Opprtunity and Next shorting Opprutunity is Below 19500 , Dont Short above 19530
#FinniftyGood morning! As of June 19th, the global market indicates a slightly 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 min of 38 to 61% fib correction. On the other hand, if the initial market declines sharply, that's a sign of the range market.
#FinniftyGood morning! As of June 15th, the global market indicates a slightly negative start with moderately bearish market sentiment. It might open with a gap-down. After that, if it rejects the immediate support zone, we can expect a range-bound market. On the other hand, if the gap-down sustains, we can expect a continuation of the correction with minor consolidation.
#FinniftyGood morning! As of June 14th, the global market indicates a positive start with a moderately bullish market sentiment. It might open with a gap-up. After that, if it rejects the immediate resistance zone, we can expect a correction. On the other hand, if the gap-up sustains, we can expect a pullback continuation with minor consolidation.
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
#FinniftyGood morning! As of June 7th, the global market indicates a neutral to slightly positive start, with moderately bullish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, that's a sign of sub-wave 3rd continuation. If it rejects around the major key resistance zone, we can expect a 4th minor correction and a 5th pullback wave. Alternatively, if it initially declines and breaks the trend reversal zone, we can anticipate a correction continuation.
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!