Finniftyintradatradesetup
#Finnifty"Good morning. As of May 9th, the global market has shown a slightly neutral to negative start, but the market is currently moderately bullish in nature. We may see a small gap-down at the start; after that, if there is a sharp pullback, the rally will continue. On the other hand, if the gap-down sustains, we could expect a minor correction with a three-wave structure. If the market declines sharply at the start and breaks the fib level of 38%, then we can expect 78% to swing low."
#Finnifty"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range market or rally continuation. On the other hand, if the market declines sharply at the start, the correction will continue with a minor pullback."
#Finnifty"Good morning, as of May 5th, the global market is showing a slight negative trend, but with a bullish sentiment. We may see a small gap-down at the start, but if the market exceeds yesterday's high, it could signal a continuation of the rally. However, if the gap-down persists and breaks below the 38% Fib level, we can expect a correction."
#Finnifty"Today, May 4th, the global market is indicating a negative start with a moderately bullish market sentiment. It may begin with a gap-down. Structurally, there is a range-bound market, so we will wait for the range breakout. The high probability is a downside breakout, and I have given two variations, both describing sub-wave 5th. Once the 5th is finished, we could expect a minor pullback. On the other hand, if the market takes a pullback without breaking yesterday's low, that's a sign of rally continuation."
#Finnifty"Today, May 3rd, the global market is indicating a negative start with moderately bullish market sentiment. It may begin with a gap-down. After that, if the initial market takes a sharp pullback, we can expect a range market to rally consolidation. On the other hand, if the gap-down sustains, we can expect correction with minor pullbacks."
#Finnifty"Today, April 28th, the global market is indicating a positive start with moderately bullish market sentiment. It may begin with a gap-up, but if it doesn't sustain, we can expect a correctional wave of at least 23% to 38%. Alternatively, if the gap-up does sustain, we can expect a continuation of the rally with minor consolidation."
#Finnifty"Trading day, April 27th, the global market is indicating a neutral to slightly negative start, with a moderately bullish market sentiment. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. Alternatively, if the initial market consolidates, a diagonal pattern may emerge. However, if the market structurally breaks yesterday's minor low, we can expect a flat correction, which may be complicated in nature. Therefore, if you are a conservative trader, it is advisable to wait for good confirmation."
#Finnifty"Today, April 26th, the global market is indicating a neutral to slightly negative start, with a moderately bearish market nature. After that, if the initial market takes support around 38%, we can expect a range-bound market with a continuation of the rally. On the other hand, if the market consolidates or breaks below 38%, we can expect a correction."
#Finnifty"Today, April 25th, the global market indicates a slightly positive start, with a moderately bullish market sentiment. The market may open neutral or gap-up. If the gap-up sustains, we can expect a continuation of the pullback. However, if the initial market decline occurs, we can expect a correction."
fin nifty intraday target levelsNSE:CNXFINANCE finnifty has been stuck in sideways structure on smalller time frame but is still in bull run on major time frame, keep close watch on current support resistance zone and watch closely how its reacting to the respective zones beforeplanning to enter trade.
keep booking small targets till finnifty stays in sideways structure.
#Finnifty"On the trading day of April 18th, the global market is indicating a slightly negative start, and the market sentiment is moderately bullish. Structurally, there is a lower probability for a big rally, but if the market initially shows a strong pullback, we can consider that the pullback will turn into a rally continuation. However, the immediate upside key level will be a potential rejection point. On the other hand, if there is an initial decline, we can expect a correction."
FIN NIFTY can start trend reversal very soon @ next selling zoneNSE:CNXFINANCE FIN NIFTY is fast approaching the major selling zone marked in red color with 2 minor support areas marked in blue,
if we get a negative daily closing @ the selling zone then only we can start planning for short positions for holding,
if fin nifty breaks the first support, then we can wait to see bounce back from seconf support zone and enter in short position at the retest of first support zone from below ,now that support should act as resistance area, if fin again sustains above the support then avoid short till it comes below support again.
once we break second support also, then we can expect to see our first target quickly.
#Finnifty"Trading day, April 17th: The global market is indicating a negative start, but the market nature is bullish. It may start with a gap-down. After that, if the market consolidates, that's a sign of a rally continuation. On the other hand, if the market reaches the previous spike, it may lead to a correction."
#Finnifty"Trading day, April 13th: The global market is indicating a neutral to slightly negative start, with a moderately bullish market nature. It may begin with a neutral sentiment similar to yesterday's structure. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. However, if the pullback occurs slowly and consolidates, it could indicate distribution and a correction may be expected when it rejects the major resistance zone. Conversely, if the initial market declines sharply, a correctional wave is likely, and the market should 38% fib level. If the market breaks 38%, we can expect a minimum of 78% to the extension level of 1.27. On the other hand, if the decline doesn't break 38%, it could be a sign of a range market and a continuation of the rally."