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CNXFINANCE trade ideas

FINNIFTY LEVELS 18TH OCTOBER 2023Dear Friends, Fin-Nifty Important Levels : Last Traded Price- 19957 Immediate Resistance- 19976-19966 Immediate Support- 19929-19919 Target after Breaking Resistance: Target 1 : 20029-20014 Target 2 : 20086-20098 Target after Breaking Support: Target 1 : 19878-19863 Target 2 : 19813-19801 NOTE: 1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts. 2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA. 3: Trade using 15 minutes, 5 minutes or 3 minutes candles. Higher the time frame of candle, higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio. Hope the levels stand strong tomorrow. Happy Trading !! Only for Educational Purposes.
NSE:CNXFINANCE
by hvjj
Finnifty direction and levels for #October18th"Good morning, friends! As of October 18th, the global market sentiment is neutral to slightly negative, as indicated by the Dow Jones. However, our market is still within a range. It may open neutrally. If it breaks the previous day's low, the 50% Fibonacci level will act as strong support. If the market finds support there, we can expect the range market to continue its rally. However, if it breaks or consolidates, the correction will likely continue. On the other hand, if the market breaks the previous day's high, we can set our target at the next resistance level."
NSE:CNXFINANCE
by Manickamtraders
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.
NSE:CNXFINANCE
by InvestyourAsset
#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."
NSE:CNXFINANCE
by Manickamtraders
important fin nifty levels......................................**Trading Chart Disclaimer** Please read carefully before interpreting and acting upon the charts: 1. **Past Performance**: The charts presented here reflect past performance of the markets and/or individual assets. Past performance is not a reliable indicator of future performance. 2. **No Financial Advice**: The charts and any interpretations thereof are provided for informational purposes only and do not constitute financial, investment, or trading advice. Always consult with a licensed financial advisor before making any investment decisions. 3. **Accuracy of Data**: While every effort has been made to ensure the accuracy of the information presented in these charts, we cannot guarantee the accuracy, timeliness, or completeness of the information contained within. 4. **Market Volatility**: Financial markets can be volatile and can move significantly in a short period of time due to various factors. Relying solely on charts for trading decisions may not result in the desired outcome. 5. **Liability**: Under no circumstances will we be held liable for any loss or damage caused by reliance on the information contained within these charts. 6. **Use at Own Risk**: Any decisions made based on these charts or the information contained within are made at your own risk. Trade responsibly and always do your own research.
NSE:CNXFINANCE
by Krishna_kr121
FINNIFTY LEVELS 17TH OCTOBER 2023Dear Friends, Fin-Nifty Important Levels : Last Traded Price- 19822 Immediate Resistance- 19872-19861 Immediate Support- 19806-19795 Target after Breaking Resistance: Target 1 : 19872-19861 Target 2 : 19936-19925 Target after Breaking Support: Target 1 : 19746-19733 Target 2 : 19673-19655 NOTE: 1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts. 2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA. 3: Trade using 15 minutes, 5 minutes or 3 minutes candles. Higher the time frame of candle, higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio. Hope the levels stand strong tomorrow. Happy Trading !! Only for Educational Purposes.
NSE:CNXFINANCE
by hvjj
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.
NSE:CNXFINANCE
by TheMamboMomentum
FinNifty levels - Oct 17, 2023FinNifty 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 16TH OCTOBER 2023Dear Friends, Fin-Nifty Important Levels : Last Traded Price- 19797 Immediate Resistance- 19880-19864 Immediate Support- 19812-19795 Target after Breaking Resistance: Target 1 : 19936-19925 Target 2 : 19971-19984 Target after Breaking Support: Target 1 : 19747-19730 Target 2 : 19681-19668 NOTE: 1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts. 2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA. 3: Trade using 15 minutes, 5 minutes or 3 minutes candles. Higher the time frame of candle, higher is the accuracy. Do maintain a minimum 1:2 risk-reward ratio. Hope the levels stand strong tomorrow. Happy Trading !! Only for Educational Purposes.
NSE:CNXFINANCE
by hvjj
#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."
NSE:CNXFINANCE
by Manickamtraders
FINNIFTY LEVELS 13TH OCTOBER 2023Dear Friends, Finance Nifty Important Levels : Last Traded Price- 19933 Immediate Resistance- 19951-19965 Immediate Support- 19893-19880 Target after Breaking Resistance: Target 1 : 20015-20030 Target 2 : 20075- 20088 Target after Breaking Support: Target 1 : 19830-19814 Target 2 : 19764-19746 NOTE: 1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts. 2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA. 3: Do maintain a minimum 1:2 risk-reward ratio. Hope the levels stand strong tomorrow. Happy Trading !! Only for Educational Purposes.
NSE:CNXFINANCE
by hvjj
#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."
NSE:CNXFINANCE
by Manickamtraders
FINNIFTY LEVELS 12TH OCTOBER 2023Dear Friends, Finance Nifty Important Levels Last Traded Price- 19333 Immediate Resistance- 19880 Immediate Support- 19771 Target after Breaking Resistance: Target 1 :19978 Target 2 : 20031 Target after Breaking Support: Target 1 :19825 Target 2 : 19775 NOTE: 1: The candle which has broken resistance or support, let it close before taking trade. This way you can avoid traps and fake breakouts. 2: The price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA. 3: Do maintain a minimum 1:2 risk-reward ratio. Hope the levels stand strong tomorrow. Happy Trading !! Only for Educational Purposes.
NSE:CNXFINANCE
by hvjj
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.
NSE:CNXFINANCE
by InvestyourAsset
#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."
NSE:CNXFINANCE
by Manickamtraders