NIFTY FUTURES TECHNICAL VIEW

 

ALL TARGET DONE IT MAKE IT HGIH 26300 

Intraday Technical View + Target–Stop-Loss Plan based on your chart of NIFTY INDEX FUTURES (5-min):

🔍 INTRADAY TECHNICAL VIEW — NIFTY FUTURES

1. Key Zones Identified Resistance Zone: 26,150 – 26,200 Price repeatedly rejected this area → strong supply zone.

Support Zone: 26,040 – 26,070 Price bounced multiple times → buyers active here.

📌 Current Market Structure Price is trading between support & resistance (sideways range).

Recent move shows a small higher low, indicating early strength.

RSI is neutral (40–60) → no overbought/oversold pressure.

This suggests range-bound intraday movement unless a breakout occurs.

🎯 TRADE SETUP & LEVELS ✅ BUY SETUP (Only above breakout) Trigger: ✔ Above 26,130–26,150

Targets:

T1: 26,180

T2: 26,220 (top of resistance zone)

T3: 26,260 (momentum extension)

Stop-Loss: 🔻 26,095 (below breakout retest zone)

Reason: Breakout above consolidation + bullish structure.

❌ SELL SETUP (Only below breakdown) Trigger: ✔ Below 26,070–26,050

Targets:

T1: 26,020

T2: 25,980 (next demand zone)

T3: 25,940 (extension support)

Stop-Loss: 🔺 26,110

Reason: Breakdown from support with lower-low formation.

📊 TREND VIEW Intraday Trend: ➡ Sideways to slightly bullish (as long as support holds)

Short Term (1–3 days): ⚠ Range-bound 26,040 – 26,200 Breakout will decide next move.

Medium Term (1–2 weeks): 📈 Trend becomes positive only above 26,250 📉 Turns weak below 26,000

Long Term: Still in bullish channel unless falls below 25,800.

🧭 TRADING PLAN SUMMARY Direction Trigger Targets Stop Loss Notes BUY Above 26,150 26,180 / 26,220 / 26,260 26,095 Breakout trade SELL Below 26,050 26,020 / 25,980 / 25,940 26,110 Breakdown trade