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#Finnifty Trading Important levels

Nifty Financial Services Index (NSE:CNXFINANCE)  
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NSE:CNXFINANCE   Nifty Financial Services Index
Trend Analysis Chart Patterns Technical Indicators finnifty finniftylevels finniftyintraday support resistances priceaction trending
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trendanalysis chartpattern indicator finnifty finniftylevels finniftyintraday support resistances priceaction trending
On 15 Min Timeframe, FINNIFTY trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Finnifty.

Breakdown Move
- Confirmation for breakdown will be if Finnifty starts trading and sustain below 21450 level
- Downside rally nearly 300 points expected in case of breakdown
- Intermediate support expected near 21250- level
- Short Trader can place there stop loss if finnifty starts trading above 21550 level

Breakout move
- Long side movement expected in case banknifty starts trading and sustain above 21550 level
- Above this level finnifty can go upto the 21880+ level.
- Intermediate resistance expected near 21750 level
- Long trader can place there stop loss if finnifty starts trading below 21450 level.
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