Finnifty Jackpot Expiry Rs10000 Turned to Rs149000 within 10 minutes: Let’s understand how the Finnifty expiry evolved into the Jackpot expiry in this post. If you had invested Rs 10,000, it would have increased to Rs 149,00 within ten minutes. Let’s discover how to recognize these kinds of possibilities.
Finnifty 28/11/2023:
Finnifty opened today at 19685, and it was a gap up opening. The figure below shows that trade was in a zone until 2:00 pm. Looking at this breakdown of today’s low, the majority of traders would have bought PE side trades when it breached the low at 2:05 p.m. However, the following five-minute candle was a doji, indicating a trend reversal. Two further five-minute candles then took all of the stoploss placed by PE buyers and CE sellers and increased the value from 19651 to 19739.
The premium for the Finnifty 19700CE was trading at about Rs.1.50 and it reached a high of Rs.24. It would have increased to Rs.1,49,000 if you had invested Rs.10,000 on this CE trade. you can see the chart movement in the below image.
Finnifty is looking bullish in 1hr timeframe. If it sustains above today’s high, then it may touch 19818 next resistance zone. We should look how the finnifty behave in this level and plan our trades accordingly. You can join our Telegram group for updates of trades and nifty 50, Bank nifty and finnifty analysis.