Finnifty Expiry Trade Setup for 17-10-2023FinNifty important levels to watch are as follows
#Support: 19930
Sell below: 19930 only on 15 minute candle closure below the level.
Target 1: 19900
Target 2: 19850
#Resistance: 19980
Buy Above: 19980 only on 15 minute candle closure Above the level.
Target 1: 20015
Target 2: 20065
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Finniftytargets
#October17th directions and levels for Finnifty"Good morning, friends! As of October 17th, the global market sentiment is positive, as indicated by the Dow Jones. However, our market trend is in a ranging market. It may open with a gap-up, which indicates a ranging market structure. Therefore, if the market rejects the immediate resistance or if the gap-up doesn't sustain, we can expect a range market continuation. We can expect a pullback continuation only if it breaks the immediate resistance."
Finnifty weekly expiry for 17/10/23.Finnifty has been consolidating in a range for few days. It has formed a doji candle on the daily time and closed below the 20 ema.
Indian markets have been consolidating in a range for few days. Break out or break down can give good targets.
On the hourly charts, the market has given a bearish moving averages cross over. It took resistance from the 20 ema and closed below both the moving averages.
The market can be a trending one this week as there is good consolidation going on in the market.
Watch for the break out or break down in the market and trade with a Stop loss.
On 15 minute time frame, the market has closed around both the moving averages. There is a positive sentiment on the smaller time frame. If the market starts trading above 19850, it can test 19950-20000 levels.
Support :- 19740, 19680
Resistance :- 19860, 19960
In the second half the market has consolidated. Watch for a break out as tomorrow is a weekly expiry and market has given good consolidation.
Wait for the price action near the levels before entering the market.
#October13 directions and levels for finnifty"Good morning, friends! As of October 13th, global market sentiment is negative, as indicated by the Dow Jones. However, our market trend is moderately bullish. It may open with a significant gap down. After that, if it is rejected around the immediate support zone, we can expect a ranging market. On the other hand, if it breaks the immediate support zone, then the correction is likely to continue. If there are any changes, I will inform you during the mid-market update."
#October12 direction and levels for Finnifty"Good morning, friends! As of October 12th, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend is bullish. It may open with a gap-up. After that, if it breaks the previous day's high, we can expect sub-wave 5. It's a distribution wave, so the structure is important. If the breakout structure is solid, then we can anticipate a rally continuation with minor consolidation. We can expect a correction only if it reaches the immediate resistance level with minor pullbacks, at which point we can complete the 5th wave and anticipate a correction. On the other hand, if the gap-up doesn't sustain, sub-wave 4 may likely continue."
Finnifty Expiry trade setup for 10-10-2023Finnifty important levels to watch are as follows
#Support: 19650
Sell below: 19650 only on 15 minute candle closure below the level.
Target 1: 19615
Target 2: 19570
#Resistance: 19715
Buy Above: 19715 only on 15 minute candle closure Above the level.
Target 1: 19750
Target 2: 19780
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
#october11 directions and levels for Finnifty"Good morning, friends! As of October 11th, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend is bullish. It may open with a gap-up. After that, if the gap-up sustains, we can expect a rally continuation with minor consolidation. We can expect a correction only if it rejects the major resistance levels. On the other hand, if the gap-up doesn't sustain, we can expect 'sub-wave 4,' which may take a maximum of 23 to 38% Fibonacci correction."
#October10 directions and levels for Finnifty"Good morning, friends! As of October 10, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend moderately bearish. It may open with a gap-up. Afterward, if it rejects the immediate resistance levels, then we can expect a correction to continue with minor pullbacks. On the other hand, if it breaks the resistance with a solid structure, we can anticipate a continuation of the pullback."
Finnifty weekly expiry analysis for 10/10/23.Finnifty has closed more than 1.1% lower on the daily charts but it took support around the major support levls of 43800.
There are chance of a trending market as it is weekly expiry of finance index.
For last 2 weeks there were no trend expiry of the 2 finance indices. So there is much possibility of market giving a trend move.
On 15 minutes charts, it has closed below both the moving averages. 20 ema is providing market a resistance and it has been retested.
The RSI indicator is showing a bullish divergence. The Indian market are strong but due to the global news there was a gap down opening.
Support :- 19560, 19450
Resistance :- 19670, 19740
Watch for the time decay in the option premium as weekly expiry will eat way premium on the buyer side.
Wait for the price action near the levels before entering the market.
#october4 direction and levels for finnifty"Good morning, friends! As of October 04, the global market sentiment is negative (based on the Dow Jones), while our market trend is moderately bearish. It may open with a gap down. The market structure suggests a sharp correction. So don't expect a pullback without any additional confirmation."
FINNIFTY- Target Levels - WED- 04.10.23Fin Nifty Spot Price : 19733.7 - INDIA VIX SPOT Price : 11.81 % -
Nifty Daily Range : 19587 To - 19880-
Watch Option Strike : 19700 CE
Draw & Watch The Target Points :
Watch Option Strike : 19700 PE
Draw & Watch The Target Points :
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE..
4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE..
5. After Retracement.... Stop Loss is Above Or Below Break Even Point..
6. Stop Loss Is Must..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma & Thetta,.
3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss..
4. We See 4 Types Of Fibinacci Retracement Levels..
(1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level),
5. Techninal View On Break Even Point..
6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully..
7. Market Moves in UpTrend or DownTrend..
8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View..
Its Most Important For Daily Tradings..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support & Share My Ideas.
This Is My Trading Phychology Of market1tomorrow
3rd Oct ’23 - PostMortem on FinNifty + weekly expiryFinNifty Weekly Expiry
Between the last expiry and today, Finnifty has lost only 80pts ~ 0.4%. The options premium was staying pretty low today also, one of the reasons could be the 4-day expiry as we had a holiday yesterday.
Strangely FinNifty is not looking as bearish as BankNifty - I am still inclined to go neutral on the 1hr chart. Also, the first support of 19421 looks pretty far away. In case FinNifty outperforms BankNifty - then the stocks to watch out would be the Bajaj Twins
Finnifty weekly expiry analysis for 03/10/23.Finnifty on the monthly chart has formed a gravestone doji and formed a double top pattern on the weekly charts.
Index has reversed from the ATH high is yet to created a new all time high.
The market has formed a doji candle on the weekly charts after a 3.8% fall in the previous week.
Market is consolidating in a similar range and has been trading in between both the moving averages on the daily charts.
Tomorrow is weekly expiry, watch for a break out or break down as there are chance of a trend move in the market.
On the hourly charts, it has closed between both the moving averages.
Support :- 19650, 19550
Resistance :- 19890, 20010
Finnifty has been consolidating for few days and there was no movement in the last expiry. There is a possibility of a trending move as market is closed for consecutive 3 days.
Wait for the price action near the levels before entering the market.
#October3 direction and levels for Finnifty"Good morning, friends! As of October 03, the global market sentiment is slightly negative (based on the Dow Jones), while our market trend is moderately bullish. It may open neutrally or with a slight gap down. The market structure suggests a ranging market, so it may move accordingly. On the other hand, if it breaks the range, either to the upside or downside, then we can expect a minor price movement."
Fin Nifty expiry 4th Oct a glanceHello Traders,
This is my view about the Fin nifty expiry -
Overall I'm positive about fin nifty but I expect the market will test the support zone 1 and then it will bounce back till Resistance zone 2, If at all it will expire in between Resistance zone 1 and Resistance zone 2.
It could be a zig zag market on Tuesday. Watch ICICI bank, Hdfc Bank and Bajaj finance for reference.
There could be a straight away rally to Resistance zone 1 then a retest and again it may test the Resistance zone 2.
If it crosses Resistance zone 2 then it may hold for sometime and test the people and tempt everyone of shorting.
However if there is gap down or gap up the movement may differ. However I strongly believe it will expire near Resistance zone 1 or zone 2
Thanks
FINNIFTY - Target Levels -TUE- 03.10.23Fin Nifty Spot Price : 19811.1. - INDIA VIX SPOT Price : 10.68 % -
Nifty Daily Range : 19700 To - 19922 -
Watch Option Strike : 19800 CE
Draw & Watch The Target Points : 68--- 75--- 94--- 114--- 132--- 151---- 170---- 189---207 +++
Watch Option Strike : 19800 PE
Draw & Watch The Target Points : 90--- 100 ---126----151---176---201----226---- 251---276 +++
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE..
4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE..
5. After Retracement.... Stop Loss is Above Or Below Break Even Point..
6. Stop Loss Is Must..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma & Thetta,.
3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss..
4. We See 4 Types Of Fibinacci Retracement Levels..
(1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level),
5. Techninal View On Break Even Point..
6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully..
7. Market Moves in UpTrend or DownTrend..
8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View..
Its Most Important For Daily Tradings..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support in My Idea.
This Is My Trading Phychology Of market1tomorrow
#September29 direction and levels for #finnifty"Good morning, friends! As of September 29th, the global market sentiment is neutral (based on the Dow Jones), while our market trend is bearish. It may open neutrally or with a slight gap up. If it subsequently breaks yesterday's low, we can expect a correction to continue with minor pullbacks. On the other hand, if the gap-up sustains, we can expect a ranging market. However, if the gap-up structure is solid, it may experience a rally, or if it sharply rejects the 38% resistance level, we can anticipate a correction."
FIN NIFTY- Target Levels- FRI- 29.03.23Bank Nifty Spot Price : 19673.6. - INDIA VIX SPOT Price : 12.82. -
Nifty Daily Range : 19542 To - 19806 -
Watch Option Strike : 19800 CE
Draw & Watch The Target Points : 81--- 90--- 113--- 136--- 158--- 181---- 204--- 226 +++
Watch Option Strike : 19800 PE
Draw & Watch The Target Points : 112--- 125 --- 156---- 187--- 218--- 249---- 280--- 312 +++
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check. (Watch 5 Days See My Target Levels Is Accurate Or Not)
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE..
4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE..
5. After Retracement.... Stop Loss is Above Or Below Break Even Point..
6. Stop Loss Is Must..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Buy At Low.... Sell At High.... Is The Concept For Day Tradings..
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma & Thetta,.
3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss..
4. We See 4 Types Of Fibinacci Retracement Levels..
(1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level),
5. Techninal View On Break Even Point..
6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully..
7. Market Moves in UpTrend or DownTrend..
8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View..
Its Most Important For Daily Tradings..
Kindly Follow My Channel & Like Your Support in My Idea.
BY : newsbharathi27040 / market1tomorrow
#September28 Direction & levels for finnifty"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor corrections.
On the other hand, we can anticipate a correction if the market rejects the immediate resistance, even if it initially experiences a pullback (running flat variation). However, that rejection should break the reversal Fibonacci level of 38%. If it breaks that level, we can expect a minimum correction of 61% to 78% Fibonacci correction. Additionally, this variation also applies in the case of a gap-down opening"
FINNIFTY - Target Levels -WED- 27.09.23Fin Nifty Spot Price : 19797.9. -
VIX Spot Price : 11.19. -
Fin Nifty Daily Range : 19682 To 19914 -
Watch Option Strike : 19800 CE & 19800 PE.
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE..
4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE..
5. After Retracement.... Stop Loss is Above Or Below Break Even Point..
6. Stop Loss Is Must..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma & Thetta,.
3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss..
4. We See 4 Types Of Fibinacci Retracement Levels..
(1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level),
5. Techninal View On Break Even Point..
6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully..
7. Market Moves in UpTrend or DownTrend..
8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View..
Its Most Important For Daily Tradings..
Kindly Follow My Channel & Like Your Support in My Idea.
BY : newsbharathi27040.
September27 Direction & levels for finnifty"Good morning, friends! As of September 20th, there has been no change in the global market sentiment. Dow Jones still exhibits a negative sentiment, while our market trend remains moderately bullish with a 'C' pullback wave structurally. However, if the market opens with a gap-down, Monday's range will serve as a range-bound boundary.
In my personal opinion, even if it breaks yesterday's range, the market may reject immediate levels, suggesting there won't be significant moves. We can anticipate a directional move only if it breaks through immediate support or resistance with minor consolidation."
26 Sep ’23 Post Mortem on FinNifty - 19424 will get taken out?FinNifty Weekly Expiry Analysis
Between the last expiry (18th Sep) and today - FinNifty has fallen 585pts ~ 2.87%. 19th Sep was a holiday due to which the expiry was preponed to 18th. On 20th we had an island day with sharp cuts. 21st also we had an island day but that got faded out as the price move kind of stabilized around those levels.
Few of those points were looking quite interesting on the Fibonacci levels. The moves on 20th near the 61.8% levels. Highs of 25th on the 38.2% levels and the swing low near the 23.6% levels. Personally I would prefer the 0 level i.e. 19424 get taken out before the next expiry.
Finnifty Trade Setup for 26-09-2023FinNifty important levels to watch are as follows
#Support: 19780
Sell below: 19780 only on 15 minute candle closure below the level.
Target 1: 19730
Target 2: 19680
#Resistance: 19850
Buy Above: 19850 only on 15 minute candle closure Above the level.
Target 1: 19900
Target 2: 20000
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.