NIFTY FUTURES – Trade Setup (Based on Shared Chart)
ð CMP: 24,173
✅ Buy Above: 24,180
ðŊ Target 1 (2 Days): 24,300
ðŊ Target 2 (2 Days): 24,450
ð Stop Loss: 24,040
ðŊ Probability: 68%
ð Potential Upside: 1.1% – 2.3%
⏳ Timeframe: 2 Days
ð Technical View:
Price is trading above the 0.5 Fibonacci support zone (~23,825).
Recent higher lows indicate bullish momentum.
Oscillator is rising but nearing overbought territory, suggesting upside may continue with intermittent pullbacks.
Immediate resistance lies near 24,250–24,300, followed by 24,500+.
ð Positional View (90 Days)
✅ Buy Zone: 24,100–24,200
ðŊ Target: 25,000 – 25,400
ð Positional Stop Loss: 23,450 (Closing Basis)
ðŊ Probability: 72%
ð Potential Upside: 3.4% – 5.1%
⏳ Timeframe: 90 Days
ð Positional View:
The chart shows a recovery from the June lows and a break above the falling trendline. If Nifty sustains above 24,000, the broader trend remains positive with potential to retest the 25,000–25,400 zone over the next few months.
⚖️ Risk : Reward Ratio
2 Days: 1 : 2.0
90 Days: 1 : 3.5
*SHREEJI FINANCE & INVESTMENT*


