Finnifty and all the other indexes reacted very well on BJP's win in the elections.
So what now?
We can't even think about bearish positions now. Going forward for tomorrow's expiry, there are 3 scenarios
1- Gap down opening: If there's a gap down opening which is less than 0.7%, then I expect finnifty to recover and expire either at +-0.2%.
2- Gap up opening: If there's a gap up opening, then I expect finnifty to expire above 20800.
3- Flat opening: If there is a flat opening i expect some consolidation but will expect finnifty to close positive, or at least above 20700.
So what now?
We can't even think about bearish positions now. Going forward for tomorrow's expiry, there are 3 scenarios
1- Gap down opening: If there's a gap down opening which is less than 0.7%, then I expect finnifty to recover and expire either at +-0.2%.
2- Gap up opening: If there's a gap up opening, then I expect finnifty to expire above 20800.
3- Flat opening: If there is a flat opening i expect some consolidation but will expect finnifty to close positive, or at least above 20700.
Nota
We have a gap up opening. As mentioned, expecting CNXFINANCE (Finnifty) to expire above 20800.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.