FIN NIFTY June 25, 2024 – Monthly Expiry Analysis

By | June 25, 2024 9:00 am

Today being Monthly expiry and finance nifty for 3 days trading in a range also we had confluence of astro date yesterday as discussed in below video so we can see an explosive expiry today with levels as discussed below.


Finance Nifty Trade Plan for Positional Trade ,Bulls will get active above 23113 for a move towards 23188/23264/23339. Bears will get active below 23037 for a move towards 22962/22886/22811

 Traders may watch out for potential intraday reversals at 09:15,09:41,10:42,11:52,02:36  How to Find and Trade Intraday Reversal Times

Finance Nifty June Futures Open Interest Volume stood at 63280 with liquidation of 3320 contracts. Additionally, the increase in Cost of Carry implies that there was a closure of LONG positions today.

Finance Nifty Advance Decline Ratio at 13:06, Finance Nifty Rollover Cost is @21856 closed above it

Finance Nifty Gann Monthly  Trade level :21971 close  above it.

Finance Nifty closed above 20/50/100 SMA, Trend is Buy on Dips till above 22194.

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 21812-22442-23110. 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 23100 strike, followed by the 23200 strike. On the put side, the 23000 strike has the highest OI, followed by the 22900 strike.  This indicates that market participants anticipate Finance  Nifty to stay within the 22000-22250 range. 

The Finance Nifty options chain shows that the maximum pain point is at 23000 and the put-call ratio (PCR) is at 0.95. Typically, when the PCR open interest ranges between 0.90 and 1.05, the market tends to remain range-bound.

The only reason to get into a trade is if you see an opportunity and you feel the market has a good chance of moving in your direction. But the reason people usually add on to their losing positions is not because they see another opportunity, but because they don’t want their first opinion to be wrong.

For Positional Traders, The Finance Nifty Futures’ Trend Change Level is At 22957. 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 23000, Which Acts As An Intraday Trend Change Level.

FIN Nifty Expiry Range

Upper End of Expiry : 23240

Lower End of Expiry : 22901


FIN Nifty Intraday Trading Levels

Buy Above 23075  Tgt 23100, 23144 and 23196 ( FIN Nifty Spot Levels)

Sell Below 23025 Tgt 22993, 22954 and 22901 (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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