NIFTY FUT OVERVIEW

 

Nifty Futures (NIFTYM2025), here's a technical analysis including target, stop-loss, and trade view:

🔍 Technical View Summary:

Current Market Price (CMP): 25,175

Trend: Sideways to weak bullish (trying to break a descending trendline)

Timeframe: Intraday / Short-Term (5-min chart)

📉 Support & Resistance Levels:

Immediate Resistance (R1): 25,200–25,220 (descending trendline + recent highs)

Major Resistance (R2): 25,240 (swing high area)

Immediate Support (S1): 25,160 (price base with wicks rejection)

Major Support (S2): 25,100 (strong horizontal support zone)

🎯 Trade Setup:

✅ Bullish Breakout View (if price breaks above 25,200 with volume):

Entry: Above 25,200

Target 1: 25,240

Target 2: 25,270

Stop Loss: 25,160

Risk-Reward Ratio: Approx. 1:2

🚫 Bearish Breakdown View (if price breaks below 25,160):

Entry: Below 25,160

Target 1: 25,100

Target 2: 25,050

Stop Loss: 25,200

Risk-Reward Ratio: Approx. 1:2

📈 Indicators Insight:

RSI (14): ~69.88 → Approaching overbought zone, but not signaling strong reversal yet.

Volume: Reducing on recent candles → Need a breakout candle with volume to confirm the move.

🔄 Price Action Analysis:

Descending Trendline: Price is testing the trendline drawn from recent lower highs.

HL Pattern (Higher Low): Bullish structure trying to form – early sign of reversal if breakout succeeds.

Indecision Candles: Multiple doji/spinning tops indicate market indecision; breakout confirmation is key.

📌 Conclusion / View:

Intraday Bias: Neutral-to-Bullish above 25,200, bearish if breaks 25,160.

Preferred Trade: Wait for breakout above 25,200 for long trade with target 25,240–270.

Avoid Trading in the Range: Between 25,160 and 25,200 unless momentum confirms. *SHREEJIFINANCE&INVESTMENT*