NIFTY FIN SERVICE Levels for 06-07-2023NIFTY FIN SERVICE Levels for 06-07-2023 are given in the chart for educational purposes.
CNXFINANCE trade ideas
Fin nifty looks bearish Market looks bearish in all three nifty Banknifty and finnifty it formed negative day candle. Morning u can short 100000000000% guarantee. Eve it may reverse. If it continues to fall then tomorrow will also bearish.
NIFTY FIN SERVICE LEVELS FOR 05-07-2023
NIFTY FIN SERVICE levels for 05-07-2023 are given in the chart for educational purposes.
Finnifty Support 20100-20000
Resistance 20400
We have seen a short build-up in 61 stocks including Persistent Systems, Bandhan Bank, JK Cement, Atul, and Divis Laboratories, based on the OI percentage.
NIFTY FIN SERVICE LEVELS: 04-07-2023NIFTY FIN SERVICE LEVELS: 04-07-2023
Levels are given in the chart for 04-07-2023 for educational purposes.
Fin Nifty Buy Fin Nifty Buy , Travelling trend range, breakout in top side. 100point target remaining.
NIFTY FIN SERVICE LEVELS: 03-07-2023NIFTY FIN SERVICE LEVELS: 03-07-2023
Levels are given in the chart for 03-07-2023 for educational purposes.
FinniftyFinnity Chart Analysis.......29/06/23
Finnifty Short : 20010 - 20040
Sl - 20060,
Target - 19950 / 19860 / 19800
===========================
Finnifty Long : 19860 lvl.
Sl - 19780,
Target - 19950 / 20010 / 20040
Enjoy !
A Downfall?Another classical descending triangle pattern formation observed in Fin Nifty today. Will it break down further or break out from the contraction? Let's see who drives it up - the Bears or the Bulls?
NIFTY FIN SER ANALYSISTrack nifty financial services sector closely. RSI is showing strength and want to go in the overbought zone I think. FIIs have infused in financial sector recently. If this moves above the supply zone marked on the chart with a closing weekly candle, Go long for the best financial services shares as large companies are the greatest contributers to the index.
Disclaimer:- I am not a SEBI Reg. Analyst. Do your own research and analysis before investing or trading.
finnifty daily tradingside: if market give downside breakout after consolidation then sell(PS-100%)
gapup: wait for price-action if gives breakout on either side than buy/sell
gapdown: if market opens gapdown wait for price-action
FINNIFTYIt seems that it is trying to touch the breakdown line and it can go down again. It can be low risk entry point
finnifty Daily analysisIf market opens sideways and breaks support then we will sell.
If market opens gapup or later half of the market gives breakout after some consolidation than we can buy.
on big gap down we will have to wait for further price-action.
FINNIFTY DirectionFINNifty CMP = 19447, Midterm Trend is Bullish, where Momentum is Down, also Midterm Volatility is shrinking. So, FINNifty is Range bound or some down move is expected.
FINNifty broke down the Up Trendline also a minor break below last week low.
Sell below 19372,
Target = 18980 and 18800
Stop Loss = 19485
Finnifty BreakdownAt 11:15 to 11:20 Candle
1. CPR Low Resistance
2. Previous day low - Broken down
3. RSI(14) below 40
4. Day Low broken down
5. Last few days Low(Blue line) broken down
FINNIFTY Expiry Day Trade Setup (13-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Finnifty is range bound in parallel channel from almost 1 month. Break of this channel can give good move.
For expiry day setup:
1.) If opens flat Resistance is placed at PDH and PDL. break of any can give good move.
2.) If Breaks PDH and sustains then will buy for a quick scalp as there will be volatility due to expiry and will close position if in profit.
3.) If Breaks PDL and sustains then will short for quick scalp also.
don't want to trade for targets which is next support or resistance as it's expiry and price manipulation and premium decay if holds for targets. so better to quick scalp and book profit.
Ascending Triangle PatternFin Nifty breakout after consolidation from ascending triangle pattern. As I have repeatedly observed, patterns work the most in markets over anything else. This movement would not have been captured by any indicator as they are mostly lagging in nature. However, observing the price action gives one the advantage of knowing in advance how the price could perform.
Finnifty Forming Double Bottom In finnifty it is forming descending chart pattern and also Double Bottom if it breaks upside then we can se 19500+
Finnifty Expiry view My view on fin nifty expiry 6 June 23.
I see a rejection at top if finnifty opening is flat then I would love to trade pe till support. There are 2 major support if finnifty holds the support in 15 min time frame, my zero hero study will be on ce side .
