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Finniftylevels

Finnifty Confirm Targets for TomorrowSupport Zones for finnifty are as Given Below S1-19495 S2-19420 S3 -19299 Resistance Zones for finnifty are as Given Below R1-19420 R2 -19630 R3 -19575 Finnifty Open Interest Analysis to Find Major Support and Resistance as well as Big Playesr Position PCR ratio as per Option Chain Analysis - 0.87 ( Bearish ) Max Pain As per Option Chain Analysis - 19300 Major Resistance as Per Nifty Open Interest Analysis - 19500 Major Support as Per Nifty Open Interest Analysis - 19500 Call Buying Levels for Finnifty are - 19495 and 19575 Put Buying Levels for Finnifty Expiry are - 19570 and 19620
NSE:CNXFINANCE
by manojshinde27
#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.
NSE:CNXFINANCE
by Manickamtraders
PostMortem on BankNifty Today & Analysis of 06 JUN 2023 FinniftyIt is happening everyday, even today. Banknifty went up 198pts in 25mts between 14.45 to 15.10, again a closing hour move! The last 1 hour moves in index is not something new now, I am still guessing many traders would have anticipated a directional move today! If we look the chart, the scope for that move was not there. What happened during the earlier part of the day is continuation of price drop from yesterday 14.00 (The blue drawn highlighted line). We made a low of the day, leg1 at 11.20 today and then bounced to an interim high by 13.45. Ideally I was expecting the leg2 to happen to take banknifty further lower than 43960 levels. What really happened was vertical shoot, that even helped banknifty close in green today. Again we had a climb back after a support break of 44068. Were you expecting the last 1 hr move today - do let me know in comments or as email. --- 15mts TF has no special bias as of now, the downside is getting prevented while the upside doesnt seem possible with this faint momentum. --- 1hr TF bias is still bullish, today's 14.15 green candle stays well lit instantly negating all the price action from 11.15 yesterday. --- Nifty50 requires special mention today, that is because NiftyIT was bleeding 2%, in spite of that the last 30mts of momentum helped it close in green. That is some achievement, instead of other stocks falling along with NiftyIT most of them counter balanced the drop and helped Nifty50 keep its shape. That is not something we see usually. --- Finnifty Expiry Finnifty has shed 0.6% ~ 117pts between the last expiry and today. This index is consolidating at its high, a brief fall might even give it momentum for further scaling up, but definitely no major moves are expected until the RBI MPC meeting outcome on 8th June Again an unbelievable price boost from 14.45 on finnifty. All through the day, I was looking for bearish set up once finnifty broke the 19421 SR levels. Waiting for the setup nearly eroded all the PE expiry premiums. Even from a random betting perspective, I did not have any interest in bullish side setups. I might have taken a trade if the CE premiums were attractive, but that too did not help! Also the killer move that came late in the day did not move that many needles as well.  --- With the news breaking out that NSE will be shifting the banknifty expiries to Fridays will come as a blessing to many option traders. People like me have been praying to have Nifty50 and BankNifty expiries on different days. Now that prayer is answered, traders can reuse margin & maximize their earning potential. This news also comes as a shock to BSE who had scheduled their SENSEX and BANKEX expiries on Fridays. Atleast to start with, sensex+bankex will not match the banknifty volumes, open interest or liquidity. As you all know more professional traders prefer banknifty over nifty50, splitting it on separate days will multiply the traded volume as well!
NSE:BANKNIFTY
by viswaram
finnifty Expiry Trading Levels 06 June 2023 Finnifty Confirm Targets For Expiry Without any Indicator only with Price Action Trading Strategy Support Zones for finnifty are as Given Below S1-18445 S2-18345 S3 -18200 Resistance Zones for finnifty are as Given Below R1-19420 R2 -19299 R3 -19140 Finnifty Open Interest Analysis to Find Major Support and Resistance as well as Big Playesr Position PCR ratio as per Option Chain Analysis - 0.79 ( Bearish ) Max Pain As per Option Chain Analysis - 19450 Major Resistance as Per Nifty Open Interest Analysis - 19500/19600 Major Support as Per Nifty Open Interest Analysis - 19400 /19300 Call Buying Levels for Finnifty are - 19435 and 19515 Put Buying Levels for Finnifty Expiry are - 19420 and 19620 For Any Stock or Index Chart Analysis on Any Time frame Contact me
NSE:CNXFINANCELong
by manojshinde27
2
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!
NSE:CNXFINANCE
by sacxe
Finnifty Trading Plan For Monday Finnifty End Of Day Technical Analysis for Intraday Trading Support Zones for Finnifty are as Given Below S1-19495 S2-19155 S3-18980 Resistance Zones for Finnifty are as Given Below R1-19630 R2 -19730 R3 19830 SGX nifty CLoses Above 18700 and Dow Jones also 2% up on Friday , Monday Finnifty Gap up Posiible Above 19430 / 19500 , For Monday Best Buying levels are 19430 , and 19510 First Targets is 19630 for Finnifty Finnifty Option Call and Put Targets 19300 CE Targets are - 213 , 261 19400 CE Target for Monday - 103,172
NSE:CNXFINANCELong
by manojshinde27
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!
NSE:CNXFINANCE
by sacxe
#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.
NSE:CNXFINANCE
by Manickamtraders
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. For any Feedback and Suggestion, please free feel to message us. Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:CNXFINANCE
by easi2invest
Fin Nifty Levels for 25-05-2023In 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. For any Feedback and Suggestion, please free feel to message us. Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:CNXFINANCE
by easi2invest
#FinniftyGood morning! As of May 25th, there are no significant differences compared to the previous day. The global market has shown a negative start with a bearish market nature. There may be a gap-down at the beginning. After that, if it consolidates or breaks the major key zone, we can anticipate a continuation of the correction. On the other hand, the ABC structure has been completed. So, if the market sharply pulls back at the start, we can expect a range market for pullback consolidation.
NSE:CNXFINANCE
by Manickamtraders