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Nifty Fin Service Intraday Expiry Day Prediction, 2nd July 2024:- Nifty Fin Service started with Bullish Movement and Moved More than 0.75 percentage on First Half. Today we are going to do a detailed Expiry Day Intraday analysis for Nifty Fin Service Indices. The Major Stocks constituents of Fin Nifty Services are HDFC Bank(31.1%), ICICI Bank (21.99%), Axis Bank(9.01%), SBIN(8.63%), Kotak Bank (6.5%) and BajFinace (5.25%). Without Waiting lets look in to the latest chart analysis for Nifty Fin Service and look in to the Major Intraday Support and resistance you should consider for Tomorrow's expiry day.

Also Read Our Post about " Must Add Breakout Stocks in your Watchlist for 1st July 2024"

Latest Expiry Day Prediction for Nifty Fin Service

We are going to do analysis in hourly Chart of Nifty Fin Service  as shown Below. This chart is generated using Trading view platform. 

Nifty Fin Service Intraday Expiry Day Prediction, 2nd July 2024

When we look in to the chart we can see the Major Supports for Nifty Fin Service Marked in the chart are 23400 and 23150. On worst case if Fin Nifty breaks both these support area can move towards 22800 price levels.

When we look in to Resistance levels for Nifty Fin Service we can see the Major Resistance are 23780 to 23800 levels. So price can expire below this major resistance level. We will be looking other aspects to determine the Resistance too, But still this is a major resistance levels for Expiry Day.

Option Chain Analysis for Nifty Fin Service on Expiry Day

Now we are going to look in to the Option chain analysis for Nifty Fin Service on Expiry Day. When we look in to Option chain Data we can see Maximum Call OI on 24000 strike price. And Maximum Put OI on 23500 strike and 23400 strike. From this data we can understand that 24000 price level is the Major Resistance levels  and supports are 23500 and 23400 for Fin Nifty indices for tomorrow.

Performance of the Major stocks Constituents

When we look in to Major Constituents , we will be considering these 6 major stocks for Nifty Fin Service price Movement. They are HDFC Bank(31.1%), ICICI Bank (21.99%), Axis Bank(9.01%), SBIN(8.63%), Kotak Bank (6.5%) and BajFinace (5.25%). when I Look in to the individual chart analysis for these stocks, HDFC Bank(31.1%), ICICI Bank (21.99%), BajFinace (5.25%)  are in Bullish Side and all others are on Neutral. From these data we can come to a conclusion that Fin Nifty Service will not Move down, it may be bullish or sideways movement.

Conclusion 

So we have seen the Major Expiry Day levels for Nifty Fin Services by analysis different Data. Please follow these levels to Trade intraday  or positional based on your Trade setup. All the Levels posted above are for Educational purpose, Trade accordingly.

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