Finance Nifty 27 Feb Monthly Expiry Trade Plan

By | February 27, 2024 9:11 am

As Discussed in Last Analysis

Finance Nifty again had a volatile session  but continue to trade above 1×2 gann angle and closed above its short term moving averages suggesting buying at lower levels. Today we have VENUS Ingress and Gann Important 16 Feb date, For Gann Students observe what has happened at 16 Feb in last 4 years you will get an idea on gann short term cycle. For Bears to come back price needs to go below 20363.

Finance Nifty has formed an NR21 pattern today, range of today was lowest in last 21 trading session, on Mercury Ingress and New Moon, Mercury  create short term voaltlity in market so lines are drawn Bears need to break 20585 and BUlls needs to 20724 for a 200-300 move on either side. Due to Astro cycle  so we should see trending move in next 2 trading sesisons.

Finance Nifty Trade Plan for Positional Trade ,Bulls will get active above 20724 for a move towards 20793/20863. Bears will get active below 20585 for a move towards 20515/50446/20378

 Traders may watch out for potential intraday reversals at 10:22,11:11,12:45,02:25 How to Find and Trade Intraday Reversal Times

Finance Nifty Feb Futures Open Interest Volume stood at 107880 with addition of 6080 contracts. Additionally, the increase in Cost of Carry implies that there was a addition of SHORT positions today.

Finance Nifty Decline Ratio at 06:13

Finance Nifty Rollover Cost is @20308 closed above it.

Finance Nifty Gann Monthly  Buy Trade level : 20683 and Gann Monthly  Sell Trade level : 20428

Finance Nifty  has again failed to close above its 30 SMA@20561. Support at 20383-20320 range.



Traders who follow the musical octave trading path may find valuable insights in predicting Bank Nifty’s movements. According to this path, Finance Nifty may follow a path of 21140-20529-19953 . This means that traders can take a position and potentially ride the move as Bank Nifty moves through these levels. Of course, it’s important to keep in mind that trading is inherently risky and market movements can be unpredictable.

According to the Finance Nifty options chain, the call side has the highest open interest (OI) at the 20550 strike, followed by the 20700 strike. On the put side, the 20450 strike has the highest OI, followed by the 20300 strike.  This indicates that market participants anticipate Finance  Nifty to stay within the 20300-20600 range. 

The Finance Nifty options chain shows that the maximum pain point is at 20550 and the put-call ratio (PCR) is at 0.86. Typically, when the PCR open interest ranges between 0.90 and 1.05, the market tends to remain range-bound.

You’ve told yourself that you need to follow your rules, that you need to trade smaller, or that you should avoid trading during certain market conditions or times of day. Still you make the same mistakes, lose money, and build frustration., your attempts at change fail because they lack emotional force.

For Positional Traders, The Finance Nifty Futures’ Trend Change Level is At 20476. Going Long Or Short Above Or Below This Level Can Help Them Stay On The Same Side As Institutions, With A Higher Risk-reward Ratio. Intraday Traders Can Keep An Eye On 20666, Which Acts As An Intraday Trend Change Level.

FIN Nifty Expiry Range

Upper End of Expiry : 20787

Lower End of Expiry : 20450


FIN Nifty Intraday Trading Levels

Buy Above 20630 Tgt 20666, 20699 and 20729 ( FIN Nifty Spot Levels)

Sell Below 20600 Tgt 20575, 20529 and 20500 (FIN Nifty Spot Levels)



Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

Category: Finance NIfty Daily Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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