Nifty Financial Services Index
Long
Updated

CNXFINANCE (FINNIFTY) intraday setup

48
We may see a small upside tomorrow. It has crossed 0.382 (Fibonacci) levels and taking support. If it creates bullish candle between 0.236 & 0.382 levels, that would be the entry level with RR 1:2. Also we can trail the stop loss to maximize the profits.
RSI almost crossed level 60
Monthly expiry tomorrow, hence, be cautious
Trade closed manually
Closed the trade manually.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.