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Finniftylevels

FinNIfty weekly expiry analysis for 20/08/2024.FinNifty is constantly testing the 20 ema and today also, it opened above the moving average but couldn't sustain the levels and closed below it. It has been trading in a range and is around the upper levels of the range. If there is a gap up opening around 23000 levels, there are chance of market reacting to the round number levels. And bullish entry can only be tested once the market makes a reversal after a profit booking on the levels. In case of a gap down opening below today's low, a bearish trade can be entered with target around the support zone of 22800. The market on the smaller time frame is forming a flag and pole pattern. It seems a bullish pattern and its break out can be traded. Major support levels :- 22825, 22655 Resistance levels :=- 23070, 23150 In any case break out of 23150 level can lead to a gap filling trade upto 23300 levels. Tomorrow is the weekly expiry and a break out after 2 O'clock can sustain. Wait for the price action near the levels before entering the markets.
NSE:CNXFINANCE
by Mambotrade
FinNifty levels - Aug 20, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 weekly expiry analysis for 13/08/24.FinNifty is trading around the round number figure of 23k and has taken resistance from 61.8% fib levels. There is a down trend confirmation in the market and sell on rise is the market cycle. For last two trading sessions market has been trading between 20 and 50 ema. If market starts trading below 22800 levels, 22600 shorting target can be achieved and further is can test the recent low fo 22480. There is not much movement or follow through after the bullish candle and the last hour fall show there are chance of market going for selling. In case of a gap up opening, the market can go for a gap filling trade upto 22350. Major support levels :- 22960, 22820 Resistance levels :- 23160, 23233 Watch for the VIX and price action near the levels before entering the markets.
NSE:CNXFINANCE
by Mambotrade
FinNifty levels - Aug 13, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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
Fin Nifty is Bearish - Can hit 22680 in coming days! 1:3.5 RRWhy Short Fin Nifty: Current Market Price: 23879 Fin Nifty has completed its 1-2-3-4-5 subwaves and rejected the 261.8% level (24,027) yesterday. Risky players can short at current price but it has strong support at 23,750. Once this level breaks, the price structure will change, giving us double confirmation as Ichimoku will break both the TS and KS by that time. So this entry will be safer but SL will be little big. Stop Loss: 24,056 T arget: 22,680 Risk-to-Reward Ratio: 1:3.5 Note: We always prefer futures or option selling with an edge to avoid overnight risks. Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
NSE:CNXFINANCEShort
by WaveMoku
FinNifty analysis for weekly expiry 06/08/2024.Finnifty on the daily chart has given a nice fall of 600 points after a gap down opening. The index has taken support from 38.2% levels and retested the previous support zone (now acting as resistance zone during the closing hour). If there is a gap down opening below today's low, wait for market to recover and tilt again for the entry. In case of a gap up opening, chance of a sideways/ halt markets are more and option premiums may decay. Option premiums are high as the vix has climbed upto 20 levels gaining 42%. The market are looking bearish and if it wait to recover it has to create a base or take a halt before recover. Sell on rise is the market for now. Major support levels :- 23630, 23540, 23430 Resistance :- 23835, 23000 Wait for the price action near the levels before entering the markets.
NSE:CNXFINANCE
by Mambotrade
FinNifty levels - Aug 06, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 levels - Jul 30, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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
Fin Nifty Budget Day Expiry - Wave Counting Fin Nifty spent the last few days moving sideways after a significant fall from 161.8% (24,000). The corrective wave has completed waves A and B, and today, the price almost touched 61.8% (minimum C wave Fibonacci level). However, the C wave often extends further in a flat correction, making it highly likely to hit 100% or more. Resistance Levels: 23,719, 23,815, 24,000 Support Levels: 23,433, 23,183, 23,005, 22,777 Fin Nifty might reach these mentioned support zones if it continues to trade below 23,719. Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
NSE:CNXFINANCEShort
by WaveMoku
1
Finnifty weekly expiry and Budget day intraday levels (23/07/24)Tomorrow it the budget day and the markets today closed in a neutral scenario, forming doji on the daily charts. Option premiums are inflated and the VIX closed gaining 4%. On 15 minutes time frame, the market has given a lower low formation and retraced back to 61.8% fib levels. If the market starts trading below 23500, good crack down can be seen upto 23410 and can travel to hit lower support zone around 23320. In case of a break out of today's high (23720), bulish trade can be entered with a strict stop loss and target of 23840. Major support zone :- 23590, 23410, 23320 Resistance levels :- 23720, 23840 Wait for the price action and a good momentum for buying the options, as there will be a good time decay in the premiums.
NSE:CNXFINANCE
by Mambotrade
FinNifty levels - Jul 23, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 levels - Jul 16, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 MATHEMATICAL LEVELSThese Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose only
NSE:CNXFINANCE
by YASHSINCE1995
1
FinNifty levels - Jul 09, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 levels - Jul 02, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 levels - Jun 25, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 weekly expiry analysis for 18/06/2024.FinNifty has been trading in a rising wedge pattern in the last week and has closed around the resistance levels. Tomorrow is the weekly expiry of the index and chances of a trending move is there as the market has consolidated in a narrow range. In the last trading session, finnifty has consolidated in a 40 points range after the hour of trading. Markets were close for 3 days and probability of a gap up/down are high. If there is a flat opening in the range, break out or break down can be traded as there the market scenario. If there is a gap up opening, let the market retest the resistance levels (now acting as a support zone) and entry once the the market cross the day high can be made. Support levels :- 22280, 22190 Resistance :- 22500, 22656 The VIX has cooled down and the option premiums are cheap. Watch for a trending market and adhere to the trailing stop loss strategy to capture the trend. Wait for the price action near the levels before entering the market.
NSE:CNXFINANCE
by Mambotrade
FinNifty levels - Jun 18, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 levels - Jun 11, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 levels - Jun 04, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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 levels - May 28, 2024FinNifty 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. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. 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