NIFTY INDEX FUTURES – 5 min, NSE) covering trend, support–resistance, target, stop-loss, and short / medium / long-term view — suitable for client sharing under Shreeji Finance & Investment, Ahmedabad.
🔹 TREND ANALYSIS (Based on Chart) Primary trend (Intraday): Bullish
Price is trading above 20 EMA, 50 EMA, and 200 EMA, confirming strong bullish momentum.
EMAs are positively aligned (20 > 50 > 200) → classic uptrend structure.
Higher High – Higher Low formation visible.
RSI (14) around 70–72 → strong momentum, slightly overbought but no bearish divergence yet.
👉 Trend bias remains BUY ON DIPS
🔹 KEY SUPPORT & RESISTANCE LEVELS 🟢 SUPPORT ZONES 26,400 – 26,390
Immediate intraday support
20 EMA + breakout retest zone
26,350 – 26,330
Strong support
50 EMA + previous consolidation
26,300 – 26,280
Major support
Trend invalidation level for intraday
🔴 RESISTANCE ZONES 26,420 – 26,450
Immediate resistance
Price is currently testing this zone
26,500 – 26,550
Psychological & measured move target
26,650+
Only if strong momentum & volume continuation
🔹 TRADE SETUP (BASED ON CURRENT STRUCTURE) ✅ LONG TRADE (Preferred) Entry (Buy on dips):
Near 26,400 – 26,390 zone OR
Fresh breakout above 26,450 (5-min close)
Stop Loss (SL):
Conservative SL: 26,350
Aggressive SL: 26,370
Targets:
🎯 Target 1: 26,450
🎯 Target 2: 26,500
🎯 Target 3: 26,550 (only if momentum sustains)
Risk–Reward: ~1:2 to 1:3 (healthy setup)
❌ SHORT TRADE (ONLY IF TREND BREAKS) Shorts are NOT preferred unless:
Price breaks and sustains below 26,300
EMA structure flattens or turns negative
RSI drops below 55 with volume
Short targets then:
26,250 → 26,180
🔹 TIMEFRAME WISE VIEW ⏱️ SHORT TERM (Intraday – 1 Day) Bullish
Buy on dips strategy
Avoid aggressive shorts
📅 MEDIUM TERM (1–5 Days) Positive to bullish
As long as 26,250 holds, upside bias remains
Expected range: 26,250 – 26,650
🧭 LONG TERM (Positional – 2–4 Weeks) Strong Bullish Structure
Holding above 26,000 keeps trend intact
Dips toward 25,800–25,900 (if any) are positional buying opportunities
🔹 TECHNICAL SUMMARY ✔ Trend: Bullish ✔ Structure: Higher High – Higher Low ✔ Indicators: EMA alignment + strong RSI ✔ Strategy: Buy on dips / Buy on breakout ⚠ Caution: RSI near overbought → avoid chasing highs
📌 FINAL NOTE (Risk Management) Trail SL once first target is achieved
Book partial profits at resistance
Avoid over-leveraging near resistance zones
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