Finnifty monthly expiry analysis for 26/09/23.
Finnifty has formed and inside candle on the daily charts and is trading below the 20 ema.
It is taking a rest after a 4-days fall. The market is around the 19850 levels after forming a double top pattern on the higher time frame.
There is a bearish moving averages cross over, on the hourly charts. It has retested the 20 ema and is taking a serious resistance around the levels.
Today, the market has consolidated and tomorrow being a monthly expiry there can be a trending move in the index.
Finnifty traded around the 20 ema, on 15 minute time frama.
Support :- 19730, 19550
Resistance :- 19920, 20030
Watch the option premium as tomorrow is monthly expiry for Finnifty.
Wait for the price action near the levels before entering the market.
It is taking a rest after a 4-days fall. The market is around the 19850 levels after forming a double top pattern on the higher time frame.
There is a bearish moving averages cross over, on the hourly charts. It has retested the 20 ema and is taking a serious resistance around the levels.
Today, the market has consolidated and tomorrow being a monthly expiry there can be a trending move in the index.
Finnifty traded around the 20 ema, on 15 minute time frama.
Support :- 19730, 19550
Resistance :- 19920, 20030
Watch the option premium as tomorrow is monthly expiry for Finnifty.
Wait for the price action near the levels before entering the market.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.