viswaram

3rd Oct ’23 - PostMortem on FinNifty + weekly expiry

NSE:CNXFINANCE   Nifty Financial Services Index
FinNifty Weekly Expiry
Between the last expiry and today, Finnifty has lost only 80pts ~ 0.4%. The options premium was staying pretty low today also, one of the reasons could be the 4-day expiry as we had a holiday yesterday.

Strangely FinNifty is not looking as bearish as BankNifty - I am still inclined to go neutral on the 1hr chart. Also, the first support of 19421 looks pretty far away. In case FinNifty outperforms BankNifty - then the stocks to watch out would be the Bajaj Twins

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.