#Finnifty"Good morning! As of July 10th, the global market is showing a negative start with moderately bearish market sentiment. It might open with a gap-down. If it breaks the immediate support zone after the opening, we can expect the correction to continue. On the other hand, if the initial market experiences a sharp pullback, we can expect a minimum of 38% to 61% Fib pullback. After that, if it sustains, we can expect the pullback to continue. however, if it takes decline then we can expect correction continuation"
Finniftylevels
#finnifty"Good morning! As of July 7th, there is no significant difference compared to the last session. the global market is showing negative stats with moderately bullish market sentiment. It might open with a gap-down. After that, if it takes support around the 38% fib support zone, we can expect a range-bound market to rally continuation. On the other hand, if it breaks the 38% fib support, then the correction will continue."
#finnifty"Good morning! As of July 6th, the global market is showing slightly negative stats with a moderately bearish market sentiment. It might open with a minor gap-down. After that, if it takes support around the immediate support zone, we can expect a range-bound market. On the other hand, if it breaks the immediate support, then the correction will continue."
#Finnifty"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a 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.
Fin NIfty Hero Zero Trade Setup || Expiry Day Special TradeMarket are very bullish now a days, today i was expecting a small bounce back that happen in nifty and banknifty. But Fin NIfty Roaring even more than other indian indices today. It has given successfully breakout of 20400 levels on chart in today's session. And now it is trading at 20500 levels. I think best entry for fIn nifty still remaining, best entry will be somewhere 20400-20435. Let's we will get best entry or not as Finance sector is very very bullish BAJAJ Twins has move more than 5% today, that is the main reason for this upmove in it. But definitely we will wait for our levels to come for best entry.
For Hero Zero Trade you guy's have to just wait for sometime i will update around 1:15-!:30 Pm.
But if still if anyone here kind of risky trader and wants to take long position can take in next expiry trade:-
Trades Are:- buy Finnifty 20500 Ce at 164 now, Add more if you get somewhere 120-130 levels in it. keep stop loss at 75 and Target 190/235/275+
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
If anyone likes my work then definitely like my this idea and follow me for more updates and let me know your thoughts about this idea in comment box.
Thankyou,
Regards
Rahul Pal
Finnifty expiry special ! Finnifty important intraday levels to watch.
#Current price: 20390
#Support: 20320.
Sell below 20320.
Targets are marked in green line on the chart.
#Resistance: 20420-20440
Buy above 20440.
Targets are marked in red line on the chart.
As this is weekly expiry, do not hold any position for long time. scalp out the spikes and enjoy profits.
safe traders can trade using long straddle strategy, buy both ATM call and put in the second half.
Follow us for more such educational ideas. Give it a like if you appreciate the idea.
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 levels As market in bullish trend since few days, yesterday US market sideways, follow chart for expiry trade
#finnifty"Good morning! As of July 4th, the global market is showing a neutral start with a bullish market sentiment. It might follow the previous rally. If it experiences a pullback similar to that, we can expect the rally to continue with a minor correction. On the other hand, if the initial market experiences a sharp decline, we can anticipate a 23% to 38% Fib correction."
FinNifty about to give big bucksFInNifty looking bullish!
Expecting a big upside move before expiry this tuesday i.e. 20th of June.
Good volumes on monday will take it beyond 19600 hopefully.
Very hopeful here! Expecting support from all retailers' sentiment.
Fingers crossed
03 Jul '23 Post Mortem on FinNiftyBefore we discuss the daily analysis, let me pull up the huge explosive jump in Finnifty CE prices. Usually I dont bore you with FinNifty chart or number unless its expiry day, but today requires some real attention!
This screenshot was taken at 13.09 today, with just 1 more day to expiry the jump in premiums were hugely unusual. Agreed Finnifty was up 1.25% by that time. But the far OTMs premiums jumping 300 to 500% & that too CALLS - unexplainable.
Since Finnnifty is not used to trade with so much volatility, most of the positional option traders would have taken a huge hit today. If it were banknifty - we all understand the beast that it is.
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"Good morning! As of June 30th, there is no significant difference compared to the last session. the global market is showing a 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 minor correction for rally continuation. Alternatively, if the correction breaks the Fib level of 38%, it might turn the range market into a correction."
Finnifty"Good morning! As of June 28th, the global market is showing a 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 minor correction for rally continuation. Alternatively, if the correction breaks the Fib level of 38%, it might turn the range market into a correction."
PostMortem on FinNifty Today & Analysis of 27 JUN 2023The trend started in Finnifty which was responsible for the last hour surges in BN and N50. If you look at the Finnifty chart today - it was positive right from the start.
From 11.10 to 15.10 we had a decent rise of 1.27% ~ 248pts. Today was the expiry day & till 14.00 we did not see any major impact to the options premium. But right after that the CE premiums were surging & had unbelievable intraday gains percentage wise.
19550 to 19750 CE were all out of money till yesterday's close, but went ITM (in the money) by today. Percentage wise 19700 CE had a gain of 2170%, 19750 gained 1745%, 19650 gained 1536, 19600 gained 897%, 19550 gained 538%.
Today would have been a dream day for option buyers. I missed out on the opportunity today mainly because I assumed preponing the expiry day would result in selling and not buying. Hence my PUTS went worthless today!
finnifty 27th june 19700 ?today is finnifty expirty and shortcovering possibile on the CE side. if it sustains above 19550 level then we can see up to 19700.
#Finnifty"Good morning! As of June 27th, The global market is showing a neutral to a slightly positive start with a moderately bearish market sentiment. There is a possibility of a slight gap-up opening. If the market experiences a pullback afterward, we can expect a minor pullback to reach the immediate resistance zone. If the market turns around there, we can anticipate a correction. Alternatively, if it breaks, we can expect a pullback continuation. On the other hand, if the initial market decline is sharp, the correction will likely continue with minor pullbacks."
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"Good morning! As of June 26th, the same sentiment continues; there is no significant difference compared to the last session. The global market is showing a neutral to slightly positive start with a moderately bearish market sentiment. There is a possibility of a slight gap-up opening. If the market experiences a pullback afterward, we can expect a minor pullback to reach the immediate resistance zone. If the market turns around there, we can anticipate a correction. Alternatively, if it breaks, we can expect a pullback continuation. On the other hand, if the initial market decline is sharp, the correction will likely continue with minor pullbacks."
Finnifty"Good morning! As of June 23rd, there is no significant difference compared to the last session. The global market is showing a neutral to slightly negative start with moderately bullish market sentiment. There is a possibility of a slight gap-down opening. If the market experiences a pullback afterward, we can expect a minor pullback reaching anywhere between 38% to 61%. If the market turns around at 61% or 78%, we can anticipate a correction. Alternatively, if the initial market decline is sharp, the correction will likely continue. For pullback confirmation, consider using EMA20 and the 38% Fibonacci level, as both will indicate a conservative reversal."
#Finnifty"Good morning! As of June 22nd, there is no significant difference compared to the last session. The global market is showing a neutral to slightly negative start with moderately bullish market sentiment. It is possible that the market might open slightly gap-down. After that, if it experiences a pullback, we can expect a continuation of the rally with minor corrections. On the other hand, if the initial market declines sharply, the range market will continue."
#finnifty"Good morning! As of June 21st, the global market is showing a neutral to slightly negative start with moderately bullish market sentiment. It is possible that the market might open neutrally. After that, if it experiences a pullback, we can expect a rally continuation with minor corrections. On the other hand, if the initial market declines sharply, the range market will continue."
