#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.
Finniftyintradatradesetup
#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 Key Trading Levels & Prediction 14th June 2023
Finnifty Key Trading Levels & Prediction 14th June 2023
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 13th, the global market indicates a positive start, with a bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect pullback continuation with minor consolidation. However, the notable point here is that Nifty has a single bending wave (C), while finnifty has three bending waves (ABC). Therefore, the market might follow the trend of whichever one is dominating. Simply put, if Nifty undergoes a correction after completing the "C" leg, finnifty will turn the range market into a correction without finishing three waves. Conversely, if finnifty dominates the market, Nifty might experience consolidation before a pullback continuation, ranging from 61% to 78%. On the other hand, if the initial market declines sharply, we can expect a range-bound market or correction.
Finnifty weekly expiry analysis (13/06/23).Finnifty on the daily time frame has been consolidating and forming confusion candles. It has taken support from the 20 ema and trading around 19400 levels.
Today being weekly expiry nice movement can be seen as the market has consolidated.
On the hourly chart, the market has been trading below the 20 EMA and can give 200 EMA as target. Markets are generally moving in the first hour or after 1 P.M.
On 15 minutes charts, the market has been forming a descending triangle. Its break out can give good movement.
Support :- 19390 ,19325
Resistance :- 19445, 19500
Watch for the daily 20 ema for a support as the market has consolidated and closed near the levels. If the support zone and the moving average is broken good bearish trade can be captured.
Wait for the price action near the price levels before entering the market.
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 12th, the global market indicates a positive start, with a bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect pullback continuation with minor consolidation. Structurally, this pullback wave is the 2nd wave, so once it reaches Fibonacci levels of 61% or 78%, we can expect a correction. On the other hand, if the initial market declines sharply, we can expect a range-bound market or correction. It should break yesterday's low.
Finnifty weekly Tradesetup for 12th June- 16th June2023Finnifty weekly Tradesetup for 12th June- 16th June2023
Weekly Market Analysis 12th June- 16th June 2023 Nifty50,Banknifty & Finnifty Option 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 9th, the global market indicates a neutral to slightly positive start, with a bearish market sentiment. It might open with a neutral tone. After that, if it breaks yesterday's low, we can expect a continuation of correction with minor pullbacks. On the other hand, if it initially takes a sharp pullback without breaking yesterday's low, we can expect a range-bound market.
#FinniftyGood morning! As of June 8th, 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. Once the 5th wave is complete, we can expect a correctional (abc) structure. If you want additional confirmation, then use EMA 20 and fib 38% level. If it breaks EMA 20 and the fib level of 38%, that's a sign of a trend reversal.
#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.
#FinniftyGood morning! As of June 6th, the global market indicates a neutral to slightly negative start with moderately bearish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, we can expect the sub-wave 5th (impulse) with minor consolidation. Alternatively, if it initially declines, we can anticipate a range market correction.
#FinniftyGood morning! As of June 5th, structurally, there have been no significant changes. The global market indicates a positive start with bearish market sentiment. It might open with a gap-up. If it sustains, we can expect consolidation for pullback continuation. Alternatively, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range.
#Finnifty"Good morning! As of June 2nd, the global market indicates a positive start with bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect consolidation for pullback continuation. On the other hand, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range."
#Finnifty"Good morning! As of June 1st, the global market indicates a negative start with moderately bearish market sentiment. There may be a gap-down start initially. After that, if it takes a pullback around the Fib level of 61%, we can expect the range market to continue pulling back. On the other hand, if it breaks a major key zone(19373), that is a sign of correction continuation."
#FinniftyGood morning! As of May 31st, the global market indicates a negative start with a moderately bullish market sentiment. There may be a gap-down start initially. Structurally, it might form as a flat correction. So, if the correction finds support around the major key zone, we can expect a bounce back. On the other hand, if it breaks a major key zone, that is a sign of correction continuation with minor pullbacks.
#Finnifty"Good morning! As of May 30th, the global market indicates a negative start with a moderately bullish market sentiment. There may be a neutral start initially. Structurally, the consolidation indicates a bullish formation, thus suggesting a high probability of rally continuation. On the other hand, if it declines initially, we can expect a minor correction."
#FinniftyGood morning! As of May 29th, the global market indicates a positive start with a bullish market nature. The SGX Nifty indicates a long gap-up, so we don't know exactly where it will open. Structurally, it's a strong bullish market. If it breaks the major key zone, we can expect a rally continuation. On the other hand, if it declines at the start, we can expect a minor correction. It could possibly indicate a rally continuation. Due to the trend, market consolidation will mostly follow the trend. Therefore, if it experiences a minor correction (within the Fibonacci level of 38%), we can expect a rally continuation in the upcoming sessions.
Fin Nifty Levels for 29-05-2023In Fin Nifty Upper side 19600 is Important Level
and Lower Side 19100 is important level.
Previous day FinNifty has closed @ 19243.
Today FinNifty trades in range and small movements.
Check Previous Day Level Performance and comment.
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