CNXFINANCE trade ideas
Fin-nifty A small stop loss with good downside.
trade @ ur own risk
Don't hold it for too long unless stop loss hits can wait for closing candle.
Fin Nifty Hello traders i hope you are doing well. Today i will share fin nifty analysis for tomorrow morning.
Fin Nifty Support & Resistance levels for 14/8/23Support 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.
Fin Nifty levels (for 14-08-2023) Fin Nifty levels (for 14-08-2023) are given in the chart for educational purposes only.
FinNifty levelsFinNifty 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.
We hope you find this information beneficial in your trading endeavors.
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Short FinNiftyFinNifty has formed a bearish pattern on 1 hour time frame one can take a short position if Finnifty trade below 20025 on a 15 mins time frame for targets mentioned on the chart
Fin Nifty support & Resistance levels 11/8/23Support 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.
FINNIFTY Trade SetupCNXFINANCE (FINNIFTY) tried to break the trend line but was not successful. However, retracement 0.68 % is over and ready to move upside. A positive point, RSI showing bullish divergence on 15 mins time frame.
FINNIFTY has to break 19951 levels with big bullish candle and retest the same level. That would be the entry point. The first target would achieve more than 2 risk reward ration.
Levels to watch on upper side
19951
20184
Levels to watch on lower side
19867
19840
NSE:CNXFINANCE (FINNIFTY)
Fin Nifty levels (for 11-08-2023) Fin Nifty levels (for 11-08-2023) are given in the chart for educational purposes only.
Fin Nifty Support & Resistance levels 10/8/23zenthosh
Nifty Support & Resistance for 9/8/23
Nifty 50 Index (NSE:NIFTY) 19632.55 61.70 0.32%
zenthosh
Aug 8
Aug 8
Support 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.
Fin Nifty levels (for 10-08-2023)Fin Nifty levels (for 10-08-2023) are given in the chart for educational purposes only.
Fin Nifty levels (for 09-08-2023)Fin Nifty levels (for 09-08-2023) are given in the chart for educational purposes only.
Fin Nifty Support & Resistance levels 9/8/23Support 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.
fin nifty 9 AUG 2023 levels for fin nifty .this is only my condition , always trade when your setup is say to you trade. RISK MANAGEMENT MUST FOLLOW .
NIFFIN.Short.1.Its at a resistance....so short....2. Its forming a wedge...so short cause if wedge is confirmed it will fall like a rock...BUT follow stoploss
FinNifty 4Hr 21500 Target Soon and expiry Target 21500 till Thursday
above 20350 Cup and Handle pattern activate
Bullish pattern activate
EMA 20 50 100 200
Expiry will be trending at end after 12pm
Finnifty Expiry AnalysisFinnifty is at the resistance level. if it crosses tomorrow a small upside we can expect.
if Finifty crosses below the trendline then we can go for short. and expect good target zones on the downside.
Expecting bearish weekly expiry in Finnifty
#Fin-Nifty Expiry Levels for 08-08-2023#Fin-NiftyLevels for 08-08-2023
The expiry day range is 20000-20150
> If you're following these zones then kindly follow the rules too. Risk management, Position sizing, Confirmations.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
FinNifty Analysis | Expiry 8-Aug-23Wait for the range break specially option trader, Market can be volatility or Range bound in between range as shown in chart.
Trade just like it's your last capital last trade.
Fin Nifty Support & Resistance levels for Tomorrow (8/8/23)Support 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.
