InvestyourAsset

Finnifty Expiry Trade Setup for 17-10-2023

InvestyourAsset Actualizado   
NSE:CNXFINANCE   Nifty Financial Services Index
FinNifty important levels to watch are as follows

#Support: 19930

Sell below: 19930 only on 15 minute candle closure below the level.
Target 1: 19900
Target 2: 19850



#Resistance: 19980

Buy Above: 19980 only on 15 minute candle closure Above the level.
Target 1: 20015
Target 2: 20065




=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.

=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.

=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.




#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Comentarios:


demand and supply zones as per 1 min timeframe are plotted on the chart. Trade accordingly.
Comentarios:


as described in the above snapshot, price again witnessed a selling pressure... The price has to break the supply zone for further upside,

a sharp upmove can be expected once 19970 is taken off.
Comentarios:

look at the candles just the way as described. price again rejected from the supply zone.

WhatsApp : 8766668446

Join Our free telegram channel for more detailed market views.

For Fully automated algo trading contact us:

t.me/investyourasset


Disclaimer: All the Views are purely for educational purpose.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.