NIFTY FUTURES – Intraday Target, Stop-Loss & Trend Explanation 1️⃣ Trend View (Intraday) From your chart:
Price rejected 25,916 zone twice → strong intraday resistance.
After rejection, candles formed lower highs + moving averages (red & green) turned down → downtrend confirmation.
Price broke below 25,850 → sellers took control.
➡️ Intraday Trend = Bearish until price stays below 25,880–25,900.
2️⃣ Support & Resistance Levels Resistance Zones R1 = 25,900 – 25,916 (strong selling zone from chart)
R2 = 25,950 (next hurdle if breakout)
Support Zones S1 = 25,840 (your SL hit successfully)
S2 = 25,800 – 25,795 (chart low area)
S3 = 25,760 (deeper downside)
3️⃣ Target & Stop Loss Explanation Your SELL entry near 25,916 was correct because:
✔ Price rejected top ✔ Trend line sloping down ✔ Multiple sell signals ✔ Breakdown below EMA levels
Sell Trade Logic Entry: 25,900–25,916 area
Stop Loss: Above 25,930
Targets:
T1: 25,860
T2: 25,840 (HIT)
T3: 25,800–25,795
Your trade closed profitably at 25,840, giving ~76 points.
➡️ Profit confirmed because the downtrend continued after resistance rejection.
4️⃣ Intraday Direction – Which Side Made Profit? 📉 SELL Side = Profit Today Why?
Lower highs + trendline breakdown
Moving averages aligned downward
Major resistance at 25,916
Price failed to sustain above 25,880
Multiple red candles confirming selling pressure
The BUY side had no strength because candles stayed below key EMA + trendline.
5️⃣ Summary (Easy Points) Parameter Observation Result Trend Bearish SELL favoured Resistance 25,900–25,916 Strong supply Support 25,840 → 25,795 Targets hit Best Side SELL Gave 76+ points Reason Trendline breakdown + EMA crossover Clean short setup
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