ALL PROFIT BOOK IN TODAY 24-9-2026 IN MAKE LOW 23221 249 POINT PRFOIT IN RS. 16185
Based on your CMP Nifty Futures @ 23,468 and the current market context (resistance zone 23,480–23,500, supports at 23,300 / 23,200), here is a clean intraday-to-short-term SELL setup.
Nifty Futures – SELL Setup (1–2 Days)
Direction: SELL
CMP (Futures): 23,468
Entry Zone: 23,460 – 23,490 (current levels are fine for a staggered entry)
Targets:
T1: 23,350
T2: 23,250
T3: 23,150
Stop Loss (SL):
Strict SL: 23,560 (above immediate resistance & recent high zone)
If you want a tighter SL for pure intraday: 23,525 (but higher chance of being whipped out).
Risk–Reward (approx, using T2 & SL 23,560):
Risk per lot from 23,468 to 23,560 ≈ 92 points
Reward to T2 (23,250) ≈ 218 points
Rough R:R ≈ 1 : 2.4
Potential Upside % (from current level to T2):
Move from 23,468 → 23,250 ≈ 0.93% downside in index terms.
In futures, % P&L will be higher due to leverage; this is just the underlying move.
Timeframe: 1–2 trading sessions (intraday carry or short-term positional, subject to overnight risk).
Trade Management Notes
If Nifty breaks and sustains above 23,500–23,520 with strong volume, consider:
Exiting partial shorts at breakeven, or
Reducing quantity and keeping a small runner with SL at 23,560.
If 23,300 breaks decisively, you can trail SL to around 23,420–23,440 and aim for deeper targets (23,100 / 23,000) over the next 1–2 days.
*SHREEJIFINANCE & INVESTMENT*
Hathijan Circle, Ahmedabad
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