finnifty pre market analysis1 AUGUST ANALYSIS:
Daily analysis:
Nifty opens:
side: buy if breaks up (PS-70%)
gapup: wait for price-action buy on upside breakout(ps-50%)
gapdown: we trade in small qty on sell side price-action
on big gapdown we will wait for price-action, sell on breakout
Banknifty
side: buy if market breaks up (PS-70%)
gapup: we will trade in either direction if gives breakout after consolidation(50%up, 20%down)
gapdown: no trade
only on big gapdown then we will think of selling after price-action formed(100%)
Finnifty
side: buy if market breaks up (PS-50% morning, 100% evening)
gapup: we will trade if gives breakout after consolidation(50%up)
gapdown: sell below 20250
CNXFINANCE trade ideas
Fin Nifty Support & Resistance 1/8/23Based on price action significant support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify long (above-upper line) and short (below the lower line). You can also draw support and resistance for 3 minutes and 5 minutes Time frame conveniently.
Fin nifty Support & Resistance 31/7/23Based on price action significant support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify long (above-upper line) and short (below the lower line). You can also draw support and resistance for 3 minutes and 5 minutes Time frame conveniently.
Fin Nifty Support & Resistance 28/7/23Based on price action major support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify long (above-upper line) and short (below the lower line).
FinNifty Prediction for Thursday 27th JulyChart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
Request your support and engagement by liking and commenting & follow to provide encouragement.
fin nifty Support & Resistance 27/7/23Based on price action major support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify long (above-upper line) and short (below the lower line). Trendlines are also significant to price action. If the price is above or below the Trend lines, can expect an up/down aggressive move.
FinNifty Prediction for Wednesday 26th JulyChart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
Request your support and engagement by liking and commenting & follow to provide encouragement.
Fin nifty Support & Resistance 26/7/23Based on price action major support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify long (above-upper line) and short (below the lower line). Trendlines are also significant to price action. If the price is above or below the Trend lines, can expect an up/down aggressive move.