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CNXFINANCE trade ideas

Finnifty Intraday Analysis for 19th August 2024NSE:CNXFINANCE Index closed near 22975 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23000 Strike – 13.18 Lakh 23500 Strike – 7.98 Lakh 23200 Strike – 7.71 Lakh Put Writing 22600 Strike – 7.77 Lakh 22300 Strike – 7.71 Lakh 22700 Strike – 7.63 Lakh Index has resistance near 23150 - 23250 range and if index crosses and sustain above 23250 level then may reach near 23500 - 23600 range. Index has immediate support near 22650 – 22500 range and if this support is broken then index may tank near 22150 – 22100 range.
NSE:CNXFINANCE
by RKMAURYA
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
FIN NIFTY - TRENDLINE RESISTANCEFIN NIFTY is facing trendline resistance at 4hr chart. It is at Lower Trendline support and made a Hammer Candle under 50ema. Breakout with a strong green candle may give a good upside move. It has been moving between an ascending channel at daily time frame since January 2024. Earlier it gave breakout on 25june but started coming down from 23rd July - Budget Day, also impact of global market fall. LEARNING : Less is More! Identification of right support and resistance levels are important and you learn that with Price Action. 50ema is a really good indicator to understand the trend. Price always goes up when it crosses the 50ema. Formation of Hammer candle at lower trendline or support area is a bullish sign. Keep your charts clean, learn price action to understand the charts. Always remember that a negative news can change the direction of market. *For learning and educational purposes, not an advice.
NSE:CNXFINANCE
by SatpalS
Finnifty Intraday Analysis for 16th August 2024NSE:CNXFINANCE Index closed near 22590 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23800 Strike – 7.03 Lakh 23000 Strike – 5.68 Lakh 22600 Strike – 4.33 Lakh Put Writing 22600 Strike – 3.78 Lakh 22500 Strike – 3.14 Lakh 22700 Strike – 2.27 Lakh Index has resistance near 22700 - 22750 range and if index crosses and sustain above 22800 level then may reach near 23100 - 23200 range. Index has immediate support near 22500 – 22400 range and if this support is broken then index may tank near 22150 – 22100 range.
NSE:CNXFINANCE
by RKMAURYA
Fin nifty trades and targets - 16/8/24Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. 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 16 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 - 14/8/24Hello Everyone. The market was bearish today. Previous support has turned to resistance now and vise versa. 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
Finnifty Intraday Analysis for 13th August 2024NSE:CNXFINANCE Index closed near 23030 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 31.25 Lakh 23100 Strike – 18.66 Lakh 23200 Strike – 18.39 Lakh Put Writing 22500 Strike – 15.14 Lakh 22800 Strike – 14.02 Lakh 23000 Strike – 13.80 Lakh Index has resistance near 23000 - 23100 range and if index crosses and sustain above 23150 level then may reach near 23250 - 23350 range. Index has immediate support near 22700 – 22600 range and if this support is broken then index may tank near 22500 – 22400 range.
NSE:CNXFINANCE
by RKMAURYA
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 Intraday Analysis for 12th August 2024NSE:CNXFINANCE Index closed near 22985 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23000 Strike – 11.24 Lakh 23700 Strike – 8.45 Lakh 23500 Strike – 8.05 Lakh Put Writing 22500 Strike – 8.47 Lakh 22600 Strike – 7.09 Lakh 23000 Strike – 5.27 Lakh Index has resistance near 23000 - 23100 range and if index crosses and sustain above 23150 level then may reach near 23250 - 23350 range. Index has immediate support near 22700 – 22600 range and if this support is broken then index may tank near 22500 – 22400 range.
NSE:CNXFINANCE
by RKMAURYA
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
Finnifty Intraday Analysis for 9th August 2024NSE:CNXFINANCE Index closed near 22840 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23000 Strike – 6.69 Lakh 23200 Strike – 4.30 Lakh 22800 Strike – 3.90 Lakh Put Writing 22800 Strike – 3.74 Lakh 22500 Strike – 2.78 Lakh 22700 Strike – 2.75 Lakh 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. Index has immediate support near 22600 – 22500 range and if this support is broken then index may tank near 22100 – 22000 range.
NSE:CNXFINANCE
by RKMAURYA
Fin nifty trades and targets - 9/8/24Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. 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
Finnifty Intraday Analysis for 8th August 2024NSE:CNXFINANCE Index closed near 22805 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23200 Strike – 4.71 Lakh 22800 Strike – 4.15 Lakh 23000 Strike – 2.56 Lakh Put Writing 22700 Strike – 3.20 Lakh 22800 Strike – 3.06 Lakh 22600 Strike – 1.96 Lakh 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. Index has immediate support near 22400 level and if this support is broken then index may tank near 22100 – 22000 range.
NSE:CNXFINANCE
by RKMAURYA
Finnifty Intraday Analysis for 7th August 2024NSE:CNXFINANCE Index closed near 22520 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23000 Strike – 2.36 Lakh 22800 Strike – 1.13 Lakh 22500 Strike – 1.11 Lakh Put Writing 22600 Strike – 1.22 Lakh 23000 Strike – 1.16 Lakh 22500 Strike – 1.00 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.
NSE:CNXFINANCE
by RKMAURYA
Finnifty tomorrow upside move possible sl today low buy dipDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3-  (T3 : 127.2 %) Target 4-  (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:CNXFINANCE
by JaiPrakashShuklaHarmonicTrader