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Finniftyintraday

#Finnifty"Today, May 2nd, the global market is indicating a positive start with a bullish market sentiment. It may begin with a gap-up. After that, if the market sustains, we can expect a continuation of the rally with minor consolidation. On the other hand, the initial market might be rejected, but structurally it shouldn't lead to a big correction. We can expect a minimum correction of 23% to 38%. If it breaks 38%, then we will wait for good confirmation before initiating a short sell."
NSE:CNXFINANCELong
by Manickamtraders
Finnifty Trading Plan Finnifty Trading Levels for future and Option Day Trading Finnifty Next Supp ort Zones for Long Trade  First Support -  19042 Second Support   18933 Third Support   18850 Finnifty Next Resistance Zones for Short Trade  First Resistance - 19175 Second Resistance - 19330 Third Resistance - 19517 Importent Signal from finnifty Option Chain Analysis PCR ratio as per Option Chain Analysis – 1.29 ( Bullish ) Max Pain as per Option Chain Analysis –  19200 Major Resistance as Per finnifty Open Interest Analysis –  19500 Major Support as Per finnifty Open Interest Analysis    –    19000 Finnifty Trade Exicusion on Monday Take Long Position Above 19175 , Stoploss - 15 min Candle Closes Below 19160 , For Long Trade Target is Next resistance levels R1 , R2 , R3 Take Short Position Below 19160 , Stoploss - 15 min Candle Closes Above 19180 , For Short trade Target is Next Support levels S1 , S2 , S3
NSE:CNXFINANCE
by manojshinde27
#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."
NSE:CNXFINANCE
by Manickamtraders
Finnifty Chart Analysis for 24 April Finnifty Chart Analysis for analyzing key Price levels where the Market has Previously Reacted Finnifty Next Support Zones for Long Trade First Support Zone For Finnifty – 18675 – 18685 Second Support Zone For Finnifty – 18555 – 18565 Third Support Zone For Finnifty – 18450 – 18464 Finnifty Next Resistance Zones for Short Trade First Resistance Zone For Finnifty – 18852 – 18860 Second Resistance Zone For Finnifty – 18955 – 18970 Third Resistance Zone For Finnifty – 19070 – 19080 Importent Signal from finnifty Option Chain Analysis PCR ratio as per Option Chain Analysis – 0.70 ( Bearish ) Max Pain as per Option Chain Analysis – 18750 Major Resistance as Per finnifty Open Interest Analysis – 18900 Major Support as Per finnifty Open Interest Analysis – 18600
NSE:CNXFINANCE
by manojshinde27
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.
NSE:CNXFINANCEShort
by ajinkyadiwakar717
#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."
NSE:CNXFINANCE
by Manickamtraders
PostMortem on BankNifty Today & Analysis of 11 APR 2023 Banknifty had a mega pre-open boost by NSE:KOTAKBANK , it was up 5% by 09.10 which indicated the bears will get their bones crushed today. Contrary to the popular belief, Kotak bank has the 3rd most weightage to bank nifty above SBIN and NSE:AXISBANK even though kotak has lower net interest income. And today's 5% gap up due to the MSCI news spelled real trouble. Bank nifty opened gap up at 41232 and had a massive 1st 5mts candle. There was a price swing of 297pts in the opening 5mts. What it created was a break away gap negating the downward sloping pattern from 6th. The jump in volumes also proved we had a sentiment shift too. Was the MSCI news a big trigger - I do not think so, but it really helped the bulls breakout from the bearish grip. Also it would have spoiled few CE seller's Finnifty expiry. There was also a healthy rally to take out the resistance at 41311, NSE:ICICIBANK , NSE:SBIN all helped to close bank nifty with a lead of 531pts. --- 15mts is showing the break out quite decently. And this is formed above the channel top line which will give it good momentum. Yesterday we discussed the possibility that the bears may want to take control and bring NSE:BANKNIFTY to the range - well, that is not going to happen very soon. The last time we had a breakaway ie on 31 Mar 2023, the volume spiked. Today also the volume was considerably higher than usual. And also note, the stock market is heavily skewed in favor of bulls. Everybody like to make money and push prices up. Only few people like me prefer to find contrarian trends - mostly on the bearish side. --- 1hr is showing the trend channel breakout quite clearly. See the break away from the purple downward sloping line. Till yesterday we had a hope to get trades below 40700 levels and stay in the bearish medium-term trend. The only hope for bears now is to watch out for the US CPI data tomorrow. A massive sell off could bring back NSE:BANKNIFTY back to realistic levels of 40700 or lower. --- I will also be covering Finnifty charts on Tuesdays wherein we have the weekly expiry NSE:CNXFINANCE has a similar chart to bank nifty, that makes it quite interesting to take expiry trades just as we do on Thursdays. The W pattern indicated in blue highlight was formed in the same similar fashion. Today's trade happened above the recent swing high ie from 06 Mar 2023, this again is a breakout style of trade. Just as when NSE:BANKNIFTY falls below the 40700 levels, we can expect finnifty to fall below the 18246 SR zone and continue its range trade. But if that does not happen soon, then the only way we can look is to handle the bullish momentum.
NSE:BANKNIFTY
by viswaram
FIN NIFTY CAN expiry special targets and levelsNSE:CNXFINANCE finnifty is approaching the crucial daily timeframe trendline from which it has been giving huge corrective falls in pass everytime it touched the trendline, the resistance zone/target which is colliding with the trendline is between 18155/18184 max 18212 level can be touched if lucky if the trendline is broken and finnifty breaks level of 18212, then next upside target can be around 18395. new fresh support zones which have been formed yesterday are between 18007/17981 & 17956/17929.
NSE:CNXFINANCE
by ajinkyadiwakar717
Finance Nifty Confirm Targets 05 April Finnifty Low Capital Trading Strategy for future and Option Finnifty Next Support Zones for Long Trade  First Support Zone For Finnifty -       18057 - 18075 Second Support Zone For Finnifty –   17955 - 17970 Third Support Zone For Finnifty –    17865 - 17876 Finnifty Next Resistance Zones for Short Trade  First Resistance Zone For Finnifty –      18162 - 18175 Second Resistance Zone For Finnifty – 18245 - 18255 Third Resistance Zone For Finnifty –      18356 - 18370 Importent Signal from finnifty Option Chain Analysis  PCR ratio as per Option Chain Analysis – 1.02 ( Bullish ) Max Pain as per Option Chain Analysis –     18150 Major Resistance as Per finnifty Open Interest Analysis –  18200 Major Support as Per finnifty Open Interest Analysis    –    17850
NSE:CNXFINANCE
by manojshinde27
Finance Nifty Confirm Targets 24 March Finance Nifty Trading Setup For Tomorrow Finnifty Next Support Zones for Long Trade First Support Zone For Finnifty – 17700 – 17715 Second Support Zone For Finnifty – 17590 – 17600 Third Support Zone For Finnifty – 17430 – 17445 Finnifty Next Resistance Zones for Short Trade First Resistance Zone For Finnifty – 17835 – 17850 Second Resistance Zone For Finnifty – 17930 – 17915 Third Resistance Zone For Finnifty – 18050 – 18070 Importent Signal from finnifty Option Chain Analysis PCR ratio as per Option Chain Analysis – 0.77 ( Bearish ) Max Pain as per Option Chain Analysis – 17800 Major Resistance as Per finnifty Open Interest Analysis – 18050 Major Support as Per finnifty Open Interest Analysis – 17450 How to Trade in Finnifty Tomorrow Buy 17700 CE If Market Sustain Above Support Zone – 16700 – 16715 , Stoploss if any 15 min Candle Close Below 17700 Short FINNIFTY / Buy 17700 PUT if any One Hour Candle Closes Below 17700 Target 17500 Stoploss if any Candle Close above 17700
NSE:CNXFINANCE
by manojshinde27
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.
NSE:CNXFINANCEShort
by ajinkyadiwakar717