Fin Nifty 15 Min Chart Analysis for 09/01/2024fin nifty 15 min chart looking bearish
we will go short below 21270 level
CNXFINANCE trade ideas
FIN NIFTY S/R for 9/1/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
#Finnifty Trading Important levelsOn 15 Min Timeframe, FINNIFTY trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Finnifty.
Breakdown Move
- Confirmation for breakdown will be if Finnifty starts trading and sustain below 21450 level
- Downside rally nearly 300 points expected in case of breakdown
- Intermediate support expected near 21250- level
- Short Trader can place there stop loss if finnifty starts trading above 21550 level
Breakout move
- Long side movement expected in case banknifty starts trading and sustain above 21550 level
- Above this level finnifty can go upto the 21880+ level.
- Intermediate resistance expected near 21750 level
- Long trader can place there stop loss if finnifty starts trading below 21450 level.
Fin Nifty 15 Min Chart Analysis for 08/01/2024Fin Nifty 15 Min Chart Analysis for 08/01/2024
wait for breakout or breakdown of these levels
FIN NIFTY S/R for 8/1/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
FIN NIFTY S/R for 5/1/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
Finnifty trendline breakout 15 min timeframe Finnifty trendline breakout 15 min timeframe
target-lifetime high.
Gapped But Not ForgottenFINNIFTY after a series of up sharp down moves is headed towards the zone where an earlier gap was not met. From my recent experience, gap up and gap down are always filled back either in the short term or a while after. Here we see FINNIFTY heading back to the unfilled zone which lies between 21305 to 21285.
After a heavy downfall today, the index formed a symmetrical triangle pattern which could possibly head to clear the old dues. Also, just below the unfilled zone lies the recent touch zone of 21280 to 21270 having served as previous support & resistance in December 2023. Whether that happens tomorrow or not, it is yet to be seen.
CNX Nifty Is Bullish above this Level as per MY FIBB Setup CNX Nifty Is Bullish above this Level as per MY FIBB Setup
FIN NIFTY S/R for 2/1/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
FINNIFTY- Intraday Levels - 1st Jan 2024If FINNIFTY if Sustain above 21508 to 21530 then 21593 to 21608 then 21663 to 21680 then 21732 to 21740 then 21802 to 21829
if FINNIFTY if Sustain Below 21461 to 21454 then21392 to 21385 then 21322 to 21315 then 21253 to 21246
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Fin Nifty levels (for 01-01-2024) Fin Nifty levels (for 01-01-2024) are given for educational purposes only.
Fin Nifty levels (for 29-12-2023)Fin Nifty levels (for 29-12-2023) are given for educational purposes only.
Fin Nifty levels (for 28-12-2023)Fin Nifty levels (for 28-12-2023) are given for educational purposes only.
Making triangle pattern FINNIFTY making triangle we can trade this after observing open interest when it breaks whichever and also what's open interest saying.
FINNIFTY- Intraday Levels - 26th Dec 23FINNIFTY if Sustain above 21197 then 21258 to 21290 then 21327 to 21339 then 21396 to 21461 then 21535 to 21568 then 21605/08 then 21680 Above this will be more bullish movement
if FINNIFTY Sustain Below 21120 then 21097 then 21051 then 21013 to 20983 then 20846 to 20831 or (20808) below this bears will be in control of market.
Consider Buffer some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
FinNifty : Levels going forwardwww.tradingview.com
FinNifty has recently made its All Time High at 21570. From there, it is almost sideway to negative. While looking for levels on Fibonacci Retracement, on the downs side, the immediate support is 20539. If this level is broken, the next support will be 20220.
Between 20539 and 20220, there is a huge gap and that need to be certainly filled as per Gap Theory.
On the above side, the immediate resistance is 21570 which is also All Time High. If this is broken, the next level in Fibonacci Extension is 22000.
Finnifty head and shoulders pattern Finnifty head and shoulders pattern seen in 15 minutes timeframe below support or target marked on chart so trade accordingly.
Fin Nifty levels (for 26-12-2023)Fin Nifty levels (for 26-12-2023) are given for educational purposes only.
NIFTTY FIN SERVICE S/R for 26/12/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
FININFTYOn Friday , NIfty Fin services closed at 21197. On daily charts, we can see that there is change in polarity and 21340 has become resistance zone . Trade plan for 26 Dec 23 on expiry:-
On 15 min chart, we can see triangle pattern has been formed and nifty fin has closed at the lower trendline. Further, we can see H&S pattern and hence, 21150 has become crucial level which once broken , then next support is at 21050 followed by 21000 which has good put writing. From this level, we can see bounce towards 21150 which might act as resistance.
If it opens with gap up and sustains above 21300, then we can target 21350 i.e upper trendline level and from there we can take trade depends on the breakout or fall from there.
Important Intraday levels for the week with live chart linkNSE:CNXFINANCE
Hello Folks..!
I have marked all the important levels for the week with description. Levels are simple and easy to understand.
Since i will provide live link to this chart so i have added few Ema which are 9 , 20 , 50 & 100. aslo i have added simple RSI because it might be useful for some of the traders.
Use these levels with your existing trading strategy to get most benifit.
All the best folks. Hope you have a Profitable week.
