(NIFTY INDEX FUTURES – 1 min) with TREND, DIRECTION, TARGET & STOP-LOSS separately for INTRADAY and POSITIONAL traders.
📊 NIFTY FUTURES – TECHNICAL VIEW (Based on Chart) 🔎 Current Observation Price made a falling channel / flag and then bounce from lower channel support
EMA 9 & EMA 21 were acting as resistance earlier
RSI bounced from oversold zone (~30) and moved above 40–45
Small pullback rally after sharp intraday fall → pullback, not full trend reversal yet
🔴 TREND ANALYSIS Time Frame Trend Intraday Pullback Uptrend (Counter-trend) Positional Short-term Downtrend / Range-bound
👉 Major trend still weak, but short-term upside possible
✅ INTRADAY TRADING PLAN (PROFIT SIDE: BUY ON PULLBACK) 🔵 Intraday BUY Setup Buy Above: 26,300 Target 1: 26,330 Target 2: 26,360 Stop Loss: 26,260
Logic:
Price reclaimed EMA zone
RSI improving above 45
Pullback towards channel midline
📌 Intraday Bias: 👉 BUY above 26,300 👉 Book partial near 26,330
🔴 Intraday SELL Setup (Only if Breakdown) Sell Below: 26,250 Target 1: 26,210 Target 2: 26,170 Stop Loss: 26,300
Logic:
Failure near EMA resistance
RSI slips back below 40
Breakdown of intraday support
📌 Intraday Bias: ⚠️ Sell only if 26,250 breaks with volume
📈 POSITIONAL TRADER VIEW (1–5 Days) 🔹 Positional Trend Structure still lower high – lower low
Bounce is corrective unless 26,380–26,400 is crossed
🔵 Positional BUY (Safer) Buy Above: 26,400 (Sustain 15–30 min) Target: 26,550 / 26,650 Stop Loss: 26,280
📌 For positional traders → Wait for confirmation
🔴 Positional SELL (Preferred with trend) Sell Near: 26,360–26,380 (Rejection zone) Target: 26,100 Stop Loss: 26,450
📌 Trend-following positional traders prefer SELL ON RISE
📌 KEY LEVEL SUMMARY Level Type Price Immediate Support 26,260 Major Support 26,170 Intraday Resistance 26,330–26,360 Positional Resistance 26,380–26,400
🧠 FINAL VERDICT Intraday: Buy on dips / pullback trades only
Positional: Trend still weak → Sell on rise better
Big trend reversal only above: 26,400+
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