Nifty Financial Services Index

Fin Nfity Support and Resistance Levels for 3rd Sep Tuesday

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Finnifty Support and Resistance levesl

Finnifty rallied nicely after breakout of 23k and 23200 area now at minor resistance on higher timeframe.

Immeadiate Resistance is 23750 area
Immeadiate Support is 23660 area

wait for confimation on those levels, there is a trendline also any voilation of it and makes higher low thats a confirmation to short it.
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taking support on trendline rejected on resistance only breakout of resistance or breakdown of trendline can give good move otherwise premium eating day
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Resistance breakout two and half targets acheived above. Trendline support borke if someone shorted this support breakdown would have been stoped out or exited BE , thats how we manage risk.

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Sep 4th S&R levels
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