Finnifty - Gaining Momentum Trading Plan

FINNIFTY Spot View For: 16/02/2024
CMP: 20416.15
Moving AVG (EMA) 20 Hour & 40 Hour: 20277 & 20237
Moving AVG (EMA) 20 Day & 40 Day: 20410 & 20539
Support & Downside Range: 20200—19940--19820
Resistance & Upside Range: 20520—20728-20820 zone

Make profit in stock market by keeping the edge in your favour and this is where our bank nifty option tip comes into the picture.

Short Term Trend Reversal Level: --

Trading View Summary:
•  Intraday bias remains bullish as long as fin nifty trading above 20200 support zone & in that case it can move upside till minimum 20520 to maximum 20728 to 20820 levels.
•  Intraday bias turns sideways if fin nifty manage to break 20200 on 15 to 30 mins sustain basis.
•  Ahead of weekends 20728—20820 may act as strong rest & if it manage to hold then once again we may see downside pull back.