A bullish engulfing daily candle is showing some positivity in the market. Finnifty has closed above the 20 ema and 110 point higher.
It is about to test 38.2% fibonacci level around 19300 level after the fall of last week.
Global markets at this time are trading in green. Look for close of global market in the morning as indian market will act accordingly.
On the hourly charts, there was a bearishness in the morning and after that it recover giving 300 point move from the day low.
Support :- 19200, 19000
Resistance :-19290, 19420
Tomorrow is the monthly expiry of the index and there are high chances of a good moment in the index. Watch option premiums and trade according to the setup.
Wait for the price action near the levels before entering the market.