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