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CNXFINANCE trade ideas

Finnifty Intraday Analysis for 6th August 2024NSE:CNXFINANCE Index closed near 22765 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 27.47 Lakh 23500 Strike – 23.60 Lakh 23000 Strike – 22.26 Lakh Put Writing 22500 Strike – 22.40 Lakh 22000 Strike – 17.02 Lakh 22700 Strike – 13.07 Lakh Index has immediate support near 22400 level and if this support is broken then index may tank near 22100 – 22000 range. Index has resistance near 23000 - 23100 range and if index crosses and sustain above 23100 level then may reach near 23250 - 23350 range. Upside moment is less likely to happen.
NSE:CNXFINANCEShort
by RKMAURYA
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
Fin nifty expiry day analysis - 7/8/24Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try to trade in between zones then our SL will be hit and capital will be wiped out. Preserve your capital on expiry is the most important thing to do. Look for hero zero trades after 2.00 P.m. and use 10% capital for this trade.
NSE:CNXFINANCE
by GOPISRI
Finnifty Intraday Analysis for 5th August 2024NSE:CNXFINANCE Index closed near 23365 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 16.86 Lakh 23600 Strike – 9.16 Lakh 24000 Strike – 8.68 Lakh Put Writing 23000 Strike – 8.77 Lakh 22800 Strike – 7.20 Lakh 22600 Strike – 6.05 Lakh Index has resistance near 23600 - 23700 range and if index crosses and sustain above 23700 level then may reach near 23800 - 23900 range. Index has immediate support near 23200 – 23100 range and if this support is broken then index may tank near 22900 – 22800 range.
NSE:CNXFINANCEShort
by RKMAURYA
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
NIFTY FIN SERVICE FOR 06 AUG#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:CNXFINANCE
by MISSION_TRADING
NIFTY FIN SERVICE FOR 05 AUG#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:CNXFINANCE
by MISSION_TRADING
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 Intraday Analysis for 01st August 2024NSE:CNXFINANCE Index closed near 23410 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 4.07 Lakh 24000 Strike – 3.47 Lakh 23400 Strike – 2.45 Lakh Put Writing 23400 Strike – 3.86 Lakh 23500 Strike – 2.15 Lakh 23000 Strike – 2.13 Lakh Index has resistance near 23600 - 23700 range and if index crosses and sustain above 23700 level then may reach near 23800 - 23900 range. Index has immediate support near 23200 – 23100 range and if this support is broken then index may tank near 22950 – 22850 range.
NSE:CNXFINANCE
by RKMAURYA
NIFTY FIN SERVICE FOR 01 AUG#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:CNXFINANCE
by MISSION_TRADING
Fin nifty - trades and targets for 1/8/24Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken.
NSE:CNXFINANCE
by GOPISRI
Finnifty Intraday Analysis for 31st July 2024NSE:CNXFINANCE Index closed near 23340 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 2.18 Lakh 23400 Strike – 1.88 Lakh 23600 Strike – 1.68 Lakh Put Writing 23400 Strike – 2.27 Lakh 23000 Strike – 1.70 Lakh 23500 Strike – 1.45 Lakh Index has resistance near 23600 - 23700 range and if index crosses and sustain above 23700 level then may reach near 23800 - 23900 range. Index has immediate support near 23200 – 23100 range and if this support is broken then index may tank near 22950 – 22850 range.
NSE:CNXFINANCE
by RKMAURYA
Fin nifty - trades and targets for 31/7/24Hello everyone. We shall start a new thing from today. Draw previous high and low and support and resistance first. Look for trades at the high and low. Check what happened previous day at the same point and try to take trades as per it. At support always look for CE trades and at resistance look for Pe trades. Keep one thing in mind always, most of the good moves happen at previous day high or low. Trade with a plan and wait for the market to come to you not the other way round.
NSE:CNXFINANCE
by GOPISRI
Finnifty Intraday Analysis for 30th July 2024NSE:CNXFINANCE Index closed near 23315 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 31.82 Lakh 23600 Strike – 23.34 Lakh 23800 Strike – 22.28 Lakh Put Writing 23000 Strike – 22.19 Lakh 23300 Strike – 14.47 Lakh 22900 Strike – 12.94 Lakh Index has resistance near 23400 - 23500 range and if index crosses and sustain above 23500 level then may reach near 23700 – 23800 level. Index has immediate support near 23200 – 23100 range and if this support is broken then index may tank near 22950 – 22850 range.
NSE:CNXFINANCE
by RKMAURYA
1
NIFTY FIN SERVICE FOR 31 Jul#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:CNXFINANCE
by MISSION_TRADING
NIFTY FIN SERVICE FOR 30 Jul#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:CNXFINANCE
by MISSION_TRADING
Fin nifty - expiry trades and targets for 30/7/24Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
NSE:CNXFINANCE
by GOPISRI
NIFTY FIN SERVICE FOR 26 Jul#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:CNXFINANCE
by MISSION_TRADING
Finnifty Intraday Analysis for 29th July 2024NSE:CNXFINANCE Index closed near 23315 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23800 Strike – 9.79 Lakh 23500 Strike – 8.92 Lakh 23600 Strike – 8.31 Lakh Put Writing 23000 Strike – 10.96 Lakh 22800 Strike – 6.15 Lakh 22900 Strike – 5.64 Lakh Index has resistance near 23400 - 23500 range and if index crosses and sustain above 23500 level then may reach near 23400 level. If index further crosses and sustain above 23500 then may reach near 23700 – 23800 range. Index has immediate support near 23100 – 23000 range and if this support is broken then index may tank near 22950 – 22850 range.
NSE:CNXFINANCE
by RKMAURYA
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 - trades and targets for 29/7/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
NSE:CNXFINANCE
by GOPISRI