(NIFTY INDEX FUTURES – 1-min, NSE), covering trend, target–stop loss logic, indicators (EMA & RSI), support–resistance, and multi-timeframe view, plus a practical fundamental backdrop.
1️⃣ CURRENT TREND (FROM THE CHART) 🔹 Intraday Trend Trend: Mild Bearish / Range-bound
Price is below short EMAs and failing to sustain above resistance.
Lower highs + flat base → distribution phase
🔹 Momentum Selling pressure visible near 26,000–26,040
Buyers defending 25,880–25,900 zone
2️⃣ INDICATORS ANALYSIS 📉 EMA (9 / Short EMA) Price is below EMA 9
EMA acting as dynamic resistance
Meaning: Sell on rise, not aggressive buying
📊 RSI (14) RSI around 38–42
Below 50 = weak momentum
Not oversold → downside still possible
RSI making lower highs → confirms bearish bias
👉 Indicator Conclusion: Momentum supports SELL trades near resistance, not buy at market.
3️⃣ SUPPORT & RESISTANCE (FACT LEVELS) 🟢 SUPPORT ZONES Immediate: 25,920 – 25,900
Major: 25,880 – 25,850
Breakdown below 25,880 → fast downside
🔴 RESISTANCE ZONES Immediate: 25,960 – 25,980
Major: 26,000 – 26,040
Sustained above 26,040 needed for bullish reversal
4️⃣ TARGET & STOP LOSS – LOGIC (HOW TO TRADE) 🔻 SELL SETUP (HIGH PROBABILITY) Sell Zone: 25,960 – 25,990
Target 1: 25,920
Target 2: 25,880
Stop Loss: 26,040 (closing basis)
Reason: Resistance + EMA rejection + RSI below 50
🔺 BUY SETUP (ONLY IF BREAKOUT) Buy only above: 26,040 (15-min sustain)
Target 1: 26,080
Target 2: 26,120
Stop Loss: 25,980
Reason: Trend changes only above major resistance
5️⃣ MULTI-TIMEFRAME VIEW 🕒 Short Term (Intraday–1 Day) Bias: Bearish to sideways
Strategy: Sell on rise
🕒 Medium Term (1–5 Days) Bias: Range-bound with negative tilt
Range: 25,800 – 26,200
🕒 Long Term (Positional) Bias: Neutral to mildly bullish
Trend intact above 25,700
Major bullish strength only above 26,300
6️⃣ FUNDAMENTAL VIEW (MARKET BACKDROP) No strong positive triggers currently
Global markets cautious
FIIs selective, not aggressive buyers
High valuations → limited upside without fresh news
👉 Fundamental Impact: Supports range trading, not trending rally
7️⃣ FINAL TECHNICAL VERDICT Trend: Sideways to Bearish (short term)
Indicators: Weak momentum
RSI: Below strength zone
Best Strategy: ✔ Sell near resistance ❌ Avoid chasing buys ✔ Trade with strict stop loss
If you want, I can also:
Convert this into a professional Shreeji Finance poster
Give pure scalping levels (1–3 points)
Provide next trading day date-wise strategy
Just tell me 👍
No comments:
Post a Comment