SILVER JULY FUTURES OVERVIEW

 SILVER JULY FUTURES

CMP: ₹219,200
🔴 SELL

Entry: ₹219,000–219,500 

Target:
🎯 ₹216,800
🎯 ₹214,500
🎯 ₹212,000

Stop Loss: ₹221,300

Probability: 71%

Potential Downside: 1.1% – 3.3%

Risk : Reward Ratio: 1 : 2.6

Timeframe: 1–3 Days

Technical View:

• Short-term price action indicates weakness near the resistance zone.
• Failure to sustain above ₹220,500–221,000 keeps the bearish bias intact.
• A break below ₹218,000 could accelerate selling pressure toward ₹214,500–212,000.
• The bearish view is invalidated on a sustained move above ₹221,300.

Resistance: ₹220,500 / ₹221,300
Support: ₹216,800 / ₹214,500 / ₹212,000

SHREEJI FINANCE & INVESTMENT

NIFTY FUTURES OVERVIEW

 

NIFTY FUTURES – Trade Setup (Based on Shared Chart)

📈 CMP: 24,173

✅ Buy Above: 24,180

🎯 Target 1 (2 Days): 24,300

🎯 Target 2 (2 Days): 24,450

🛑 Stop Loss: 24,040

🎯 Probability: 68%

📊 Potential Upside: 1.1% – 2.3%

⏳ Timeframe: 2 Days

📌 Technical View:

Price is trading above the 0.5 Fibonacci support zone (~23,825).

Recent higher lows indicate bullish momentum.

Oscillator is rising but nearing overbought territory, suggesting upside may continue with intermittent pullbacks.

Immediate resistance lies near 24,250–24,300, followed by 24,500+.

📈 Positional View (90 Days)

✅ Buy Zone: 24,100–24,200

🎯 Target: 25,000 – 25,400

🛑 Positional Stop Loss: 23,450 (Closing Basis)

🎯 Probability: 72%

📊 Potential Upside: 3.4% – 5.1%

⏳ Timeframe: 90 Days

📌 Positional View:

The chart shows a recovery from the June lows and a break above the falling trendline. If Nifty sustains above 24,000, the broader trend remains positive with potential to retest the 25,000–25,400 zone over the next few months.

⚖️ Risk : Reward Ratio

2 Days: 1 : 2.0

90 Days: 1 : 3.5

*SHREEJI FINANCE & INVESTMENT*

NIFTY OUTLOOK OF LONG TERM INVESTOR

 

Now, the view of Nifty is going to change in the present and future, so pay attention to it and see. The bottom is at 22,000 and there are possibilities that it can go up to 26,000. Once it breaks even at 26,000,This will not come as a surprise because now instead of the rupee depreciating,Everyone knows that if the rupee goes up, our market goes up, but in that rising market, we need to pay attention to which sectors to buy and which sectors not to buy. No one has it, for the most part we are telling you that now the people who buy and hold the IT sector, banking sector and services sector will start making profits and as a result the market i.e. Nifty will boost. There are chances that this will happen because the rupee will not fall much now and even if crude oil falls too much, it will also help the market to go up. There has been no specific trend in the market for the last 18 months. The sector was not supported by Nifty and bank fees, as a result the market was going down day by day and now Capital Good The stop will come under open support and the textile industries will get a little boost.Therefore, it will also support the market, so now we have to continue to emphasize on those stocks and hold those stocks, including Arvind Mills in textiles and other textile companies such as ball bearing manufacturers.And other companies will also support these things soon. will come into circulation as a result the market will boost up. So anyone who is planning to invest can start investing their money in these sectors by planning their investment. Gradually this According to our study, we have said.

JSW STEEL LTD. BUY CALL

 JSW STEEL LTD.

CMP: ₹1266

✅ Buy

🎯 Target 1: ₹1295

🎯 Target 2: ₹1315

🎯 Target 3: ₹1335

🛑 Stop Loss: ₹1235

📈 Potential Upside: 2.3% – 5.4%

⏳ Timeframe: 1–15 Days

Technical View

The stock is trading above its key short-term support zone, indicating positive momentum.

₹1285 is the immediate resistance level; a breakout above this level can trigger a move towards ₹1315–1335.

Higher highs and higher lows on the daily chart suggest a bullish trend.

Metal sector sentiment remains supportive, adding strength to the setup.

Trading Plan

Buy Zone: ₹1255 – ₹1270

Stop Loss: ₹1235

Target 1: ₹1295

Target 2: ₹1315

Target 3: ₹1335

📊 Trend: Bullish

⚖️ Risk-Reward Ratio: Approximately 1:2.5

🎯 Probability of Success: 68%–72%

*SHREEJI FINANCE & INVESTMENT*

Hatijan Circle, Ahmedabad

📞 9825305967

⚠️ Exit if the stock closes below ₹1235. Partial profit booking is advisable near ₹1295–1300.

BANKNIFTY FUTURE OVERVIEW

BANKNIFTY FUTURE CMP: ₹54,880

✅ Buy

🎯 Target 1: ₹55,000 🎯 Target 2: ₹55,150 🎯 Target 3: ₹55,350

🛑 Stop Loss: ₹54,620 (Closing Basis)

📈 Potential Upside: 0.9% – 1.8%

⏳ Timeframe: 1–15 Days

Technical Analysis Strong bullish breakout visible above the ₹54,700–54,800 resistance zone.

Price is trading above the 0.618 Fibonacci retracement level, indicating bullish momentum.

Volume expansion on the breakout candle supports the move.

RSI is above 70, showing strong momentum, though short-term consolidation is possible.

Immediate support lies near ₹54,700 and major support near ₹54,620.

Trading Plan Buy: ₹54,820 – ₹54,900

Stop Loss: ₹54,620

Target 1: ₹55,000

Target 2: ₹55,150

Target 3: ₹55,350

📊 Trend: Bullish

⚖️ Risk-Reward Ratio: Approximately 1:2.2

Probability of Success: 65%–70% (based on current price action and breakout structure)

SHREEJI FINANCE & INVESTMENT Hatijan Circle, Ahmedabad 📞 9825305967

NIFTY FUTURES BUY CALL

NIFTY FUTURES (CMP: ₹23,174)

📈 Trade Setup (1–15 Days)

✅ Buy Above: ₹23,220

🎯 Target 1: ₹23,320

🎯 Target 2: ₹23,450

🎯 Target 3: ₹23,600

🛑 Stop Loss: ₹23,090

📊 Potential Upside: 0.6% – 1.8%

⚖️ Risk : Reward Ratio: Up to 1 : 3

⏳ Timeframe: 1–15 Days

Chart Observation

Price is trading near the 0% Fibonacci support zone (23,162–23,175).

Short-term trend remains weak as price is below key Fibonacci retracement levels.

RSI is around 38–40, indicating bearish momentum but nearing an oversold region.

A sustained move above 23,220–23,240 can trigger a relief rally toward 23,320 and higher.

If 23,160 breaks decisively, further downside toward 23,050–22,950 cannot be ruled out.

Trading View

🟡 Wait for confirmation above 23,220 before initiating fresh longs.

🔴 Below 23,090, avoid long positions.

Probability of Success: 60–65% (only if price sustains above ₹23,220)

*SHREEJI FINANCE & INVESTMENT*

📍 Hatijan Circle, Ahmedabad

📞 9825305967

⚠️ Futures trading involves high risk. Use strict stop losses and proper position sizing.

માર્કેટ વ્યુ અને ન્યુઝ આવતીકાલ સોમવાર અને 8 તારીખ જૂન મહિનો 2026

 હવે આવતીકાલના બજારની વાત કરીએ તો આવતીકાલ નું બજાર નીચે ખોલવાની શક્યતાઓ વધુ છે કારણ કે ગિફ્ટ નિફ્ટી ₹23,091 રૂપિયા ઉપર ગઈકાલે બંધ થઈ છે. એટલે જોઈએ તો 356 પોઇન્ટ ડાઉન માં બંધ થઈ છે એના અનુસંધાનમાં આપણું બજાર 23,366 એ બંધ થયું હતું જે 356 ડાઉન છે તેના અનુસંધાનમાં 23,100 ની આસપાસ ખોલવાની શક્યતાઓ છે અને આપણે જોઈએ તો 22,950 નો જે સપોર્ટ ડિકલેર કર્યો હતો અગાઉ તે સપોર્ટ થી થોડું ઘણું આવી શકે છે તેવી અમારી ધારણા છે પરંતુ તે સ્ટોપલોસ રાખીને તમે કામ કરી શકો છો. ડીલેવરી લઈ શકો છો જે કોઈ વ્યક્તિને ડીલેવરીમાં માલ લેવાની ગણતરી હોય તે લોકો તૈયાર થઈ જાય અને ડિલિવરીમાં માલ આ લેવલ આસપાસ લઈ રાખે તમારી જે કેપિટલ હોય તે કેપિટલ ના 30 થી 40 ટકા રકમ જ નાખવાની છે તે ધ્યાન રાખજો બાકીના 70% બીજું થોડું ડાઉન આવે ત્યારે નાખવાના છે તે સમયે પણ અમે ડિકલેર કરીશું કે કેટલા પૈસા નાખવા જેથી કરીને તમારા પૈસા બચી રહે તો તમે બીજું કંઈ કામ કરી શકો અને જે ઇન્વેસ્ટમેન્ટ કરો તે ત્રણ મહિનાથી છ મહિના અથવા બાર મહિના બે વર્ષ માટેની ગણતરીથી જ કરવાના છૅ. આ શબ્દ ખાસ ધ્યાન રાખજો કે ડિલિવરીમાં લેનારા વ્યક્તિઓને તાત્કાલિક પૈસાની જરૂર ન હોય તેવા પૈસા જ શેરબજારમાં નાખવા અને ફંડામેન્ટલ સ્ટોક હોય તેમાં જ નાખવા અને ડીલેવરીમાં 7% થી 12% રિટર્ન છૂટે એટલે કાઢી નાખવા અને ફરીથી નીચે આવે ત્યારે લેવાની ગણતરી કરી રાખવી આ રીતે કરશો તો જ તમારા પૈસા બનશે બાકી પૈસા બનશે નહીં કોઈપણ વ્યક્તિ આનાથી વધારે નફો લેવાની લાલચ માં જો માલ મૂકી રાખશે તો તે વ્યક્તિને નુકસાન જવાની શક્યતાઓ વધુ રહે છે 7% થી 12% જેવી રીટર્ન છૂટી જાય એટલે પૈસા ગણી લેવા તો જે કોઈ વ્યક્તિને ઇન્વેસ્ટમેન્ટ કરવાની ગણતરી હોય તે સોમવારે એટલે કે આવતીકાલે 9:00 વાગ્યા પહેલા પોતાના પૈસા જમા કરાવી દે અને ખાસ સુચના છે કે ફંડામેન્ટલ સ્ટોક જ લેવા અને કચરો માલ લેવાની ગણતરી ન કરવી . બે રૂપિયા પાંચ રૂપિયા દસ રૂપિયા વાળા સ્ટોક ક્યારેય લેવાના નથી આ ખાસ ધ્યાન રાખજો કારણ કે આમાં પૈસા ઝીરો થતા વાર નહીં લાગે અને લોકો આમાં ફસાય છે એટલે આમાં ફસાવવાની ગણતરી ન રાખતા દસ બાર રૂપિયા વાળી ચીજોમાં પડવા જેવું માર્કેટ છે નહીં અત્યારે ફંડામેન્ટલ સ્ટોક અને લાર્જ કેપ સ્ટોક ઉપર જ ફોકસ રાખજો તો તમારા પૈસા ઝડપી બનશે તેમાં સેક્ટર વાઈઝ જોઈએ તો પાવર સેક્ટર રેક્ટિફાયર્સ બનાવતી કંપની અને ખાસ કરીને આઇટીમાં અત્યારે લાર્જ કેપમાં પડવાનું નથી એવા સ્ટોક લેવાના કે જે બીડીકેપ હોય અને જેનો પીઈ રેશિયો 20ની નીચે ચાલતો હોય  એવા સ્ટોક લેવા પરંતુ તેમાં પણ ફન્ડામેન્ટલ રિસર્ચ ખાસ કરજો રિસર્ચ કર્યા વગર કે જાણકારી વગર તેમાં પણ પડવા જેવું અત્યારે હાલ નથી ઓન્લી ફોર લાજ કેપ લાર્જ કેપ અને લાર્જ કેપ તેમજ પડવાનું છે અને ખાસ કરીને નિફ્ટી 50 મા લેવાય ત્યાં સુધી બીજા સ્ટોક લેવાના નથી અને હા મોમેન્ટમ સ્ટોક તમે લઈ શકો છો પરંતુ તેમાં પણ ત્રણથી પાંચ ટકા સાત ટકા રીટન્સ છૂટે એટલે છોડી દેવાની ગણતરી રાખવાની હોય  તો જ લેવાના છે નહિતર એ પણ લેવાની ગણતરી નહીં કરવાની ખાસ ધ્યાન રાખજો આ પોઇન્ટ અમારા બહુ જ ધ્યાનથી સાંભળજો અને વાંચજો વાંચ્યા વગર લેતા નહીં નહિતર ભરાઈ જશો તો રોતા પણ નહીં આવડે આ શબ્દ ધ્યાન રાખજો અમારા *શ્રીજી ફાઇનાન્સ એન્ડ ઇન્વેસ્ટમેન્ટ* હાથીજણ સર્કલ અમદાવાદ

NIFTY 50 OVERVIEW

 

NIFTY 50 CMP: 23,435

Buy: 23,350 – 23,450

Target (90 Days):

Target 1: 24,000

Target 2: 24,500

Target 3: 25,000

Stop Loss: 22,750 (Closing Basis)

Potential Upside:

Target 1: +2.4%

Target 2: +4.5%

Target 3: +6.7%

Timeframe: 90 Days

Technical View Primary trend remains Bullish on the higher timeframe.

Major support zone: 23,250 – 23,350

Strong resistance zone: 24,000 – 24,100

A sustained move above 24,100 can accelerate momentum toward 24,500–25,000.

Risk-Reward from current levels remains favorable for positional investors.

Strategy ✅ Accumulate on dips near support zones. ✅ Maintain strict stop loss below 22,750. ✅ Prefer staggered profit booking at targets.

Probability of Success: 65-70%

Risk-Reward Ratio: Approximately 1:3

SHREEJI FINANCE & INVESTMENT 📍 Ahmedabad 📞 07949258292 📱 WhatsApp: 9825305967

EXIDE INDUSTRIES LTD STOCK OF THE VIEW

 EXIDE INDUSTRIES LTD. CMP: ₹393

View: BUY (Long-Term Investor Only)

Particulars Price Buy Zone ₹380 – ₹405 Target (730 Days) ₹520 Target 2 (Aggressive) ₹600 Stop Loss (Closing Basis) ₹320 Potential Upside

Target 1: +32%

Target 2: +53%

Risk-Reward Ratio

To Target 1: 1:4

To Target 2: 1:6.5

Investment Thesis Exide remains one of India's largest battery manufacturers with a strong replacement-market franchise and extensive distribution network. automotive demand, though raw-material costs and execution of the EV transition remain important risks. determining whether Exide can move toward the higher target range.

Hero MotoCorp STOCK VIEW

 Hero MotoCorp CMP: ₹4,850

Swing Trade View (1–15 Days) Particulars Price Buy Zone ₹4,820 – ₹4,880 Target 1 ₹5,020 Target 2 ₹5,120 Stop Loss ₹4,720 (Closing Basis) Potential Upside Target 1: +3.5%

Target 2: +5.6%

Risk–Reward Ratio T1: 1:1.5

T2: 1:2.3

Price Action View Stock is trading above an important support zone near ₹4,780–₹4,800.

Immediate resistance is visible around ₹5,000–₹5,050.

A sustained move above ₹5,000 can trigger momentum towards ₹5,120.

Short-term trend remains mildly bullish as long as ₹4,720 holds.

Probability Assessment Bullish Scenario: 62%

Sideways Scenario: 25%

Bearish Scenario: 13%

Trading Plan Buy: ₹4,820 – ₹4,880 Stop Loss: ₹4,720 Target: ₹5,020 / ₹5,120 Timeframe: 1–15 Trading Days

SHREEJI FINANCE & INVESTMENT Hathijan Circle, Ahmedabad 📞 07949258292 | WhatsApp: 9825305967

NIFTY 50 OVERVIEW

 

NIFTY 50 — Intraday / Short-Term Price Action View CMP: 23,376

Trend Analysis Short-term Trend: Bullish to Sideways

Index is trading above immediate support and holding higher lows.

However, strong resistance is visible near the falling trendline zone around 23,430–23,450.

RSI is near overbought territory, so upside may remain limited unless breakout comes with strong momentum.

Key Levels Immediate Support: 23,307

Major Support: 23,235

Immediate Resistance: 23,423

Major Resistance: 23,446

Trade Setup Buy Only Above: 23,430 Entry: 23,430–23,445

Target 1: 23,500

Target 2: 23,580

Stop Loss: 23,345

Risk : Reward Ratio Approx 1:2.2

Probability Breakout Success Probability: 62%

Only if price sustains above resistance with volume.

Alternative Scenario If NIFTY breaks below 23,307: Momentum may weaken toward 23,235 → 23,180

In that case bullish setup becomes invalid.

Realistic View At current CMP, index is trading exactly near resistance and trendline supply zone. Best strategy: Avoid aggressive fresh entry before breakout confirmation.

Conclusion Above 23,430 → Buy on breakout

Below 23,307 → Weakness likely

Current Zone: Wait & Watch / No high-quality trade yet

Price Action + Support/Resistance Based Analysis Only

Syrma SGS Technology Limited — Long Term Investment View

 Syrma SGS Technology Limited — Long Term Investment View CMP: ₹1189.40 Action: Buy

Target: ₹1450 – ₹1560

Stop Loss: ₹1045

Potential Upside: 22% – 31%

Timeframe: 365 Days

Investment Rationale Strong growth in electronics manufacturing and EMS sector

Beneficiary of India’s “Make in India” and electronics production push

Expanding presence in automotive electronics, industrial products, and consumer devices

Healthy order book and capacity expansion support long-term growth

Technical View Strong support zone near ₹1120–1140

Long-term bullish structure remains intact above ₹1045

Sustaining above ₹1200 can lead to fresh momentum toward higher levels

Risk Factors Margin pressure due to raw material cost fluctuations

Dependence on global electronics demand cycle

High competition in EMS industry

Suitable for: Long-term investors seeking growth opportunities in India’s expanding electronics manufacturing sector.

SHREEJI FINANCE & INVESTMENT

The Jammu & Kashmir Bank Limited — Long Term Investment View

 The Jammu & Kashmir Bank Limited — Long Term Investment View CMP: ₹146.50 Action: Buy

Target: ₹182 – ₹195

Stop Loss: ₹128

Potential Upside: 24% – 33%

Timeframe: 365 Days

Investment Rationale Improving profitability and declining NPA trend

Strong regional banking franchise in Jammu & Kashmir

Better credit growth and operational efficiency

Attractive valuation compared to many PSU and mid-sized banks

Technical View Strong support zone near ₹135–138

Stock maintaining higher-high higher-low structure on long-term charts

Sustaining above ₹150 can trigger fresh upside momentum

Risk Factors Regional economic and geopolitical sensitivity

Banking sector regulatory changes

Volatility in financial sector sentiment

Suitable for: Investors looking for value opportunities with moderate risk in the banking sector.

SHREEJI FINANCE & INVESTMENT

Bharti Airtel — Long Term Investment View

 Bharti Airtel — Long Term Investment View

CMP: ₹1814

Action: Buy

Target: ₹2250 – ₹2400

Stop Loss: ₹1640

Potential Upside: 24% – 32%

Timeframe: 730 Days

Investment Rationale

Strong leadership position in telecom and 5G expansion

Rising ARPU growth improving profitability

Consistent subscriber additions in premium segment

Growth potential from broadband, enterprise, and digital services

Strong cash flow generation supports long-term expansion

Technical View

Primary trend remains bullish on long-term charts

Strong support zone near ₹1700–1740

Sustaining above ₹1800 may lead to fresh momentum towards higher levels

Risk Factors

High competition in telecom sector

Spectrum-related liabilities and capex pressure

Regulatory policy changes

Suitable for: Long-term investors seeking steady growth with relatively lower sector risk.

*SHREEJI FINANCE & INVESTMENT*

Bandhan Bank — Long Term Investment View

Bandhan Bank — Long Term Investment View

CMP: ₹206

Action: Buy

Target: ₹265 – ₹285

Stop Loss: ₹178

Potential Upside: 28% – 38%

Timeframe: 365 Days

Investment Rationale

Improving asset quality and recovery in microfinance segment

Strong retail banking expansion across India

Attractive valuation compared to private banking peers

Possible benefit from falling interest rate cycle and credit growth

Technical View

Strong support zone near ₹185–190

Medium-term trend turning positive above ₹205

Long-term breakout possible above ₹225 levels

Risk Factors

Microfinance sector volatility

RBI regulatory changes

Higher-than-expected NPAs

Suitable for: Long-term investors willing to handle moderate volatility.

*SHREEJI FINANCE & INVESTMENT*

NIFTY 50 Futures Analysis SELL ON RISE

 

NIFTY 50 Futures Analysis

CMP : 23,936.90

📉 Current Trend: Short-Term Bearish to Sideways Weak

Price is trading below short-term moving averages with lower highs formation visible. Selling pressure continues near 23,960–23,980 zone.

🔑 Key Levels

Immediate Support: 23,920

Major Support: 23,900

Resistance 1: 23,960

Resistance 2: 24,000 – 24,020

✅ Trade Setup (Sell on Rise Preferred)

Entry: 23,945 – 23,960 (Only if pullback comes)

🎯 Target 1: 23,915

🎯 Target 2: 23,900

🎯 Target 3: 23,870

🛑 Stop Loss: 24,015

📊 Probability: 62%

⚖️ Risk : Reward Ratio: Approx. 1 : 2.2

📌 Price Action View

Candles are respecting lower resistance zone.

Fibonacci 0.618 area near 23,925 is getting tested repeatedly.

Weak momentum bounce indicates sellers still active.

Breakdown below 23,920 can accelerate downside toward 23,900–23,870.

🚫 Important

Avoid aggressive buying unless price sustains above 24,000 with strong volume. Current structure favors cautious short trades rather than fresh longs.                                                                    *SHREEJI FINANCE& INVESTMENT*

CURRECY UPDATE 18/5/2026

 TODAY 18/5/2026 USDINR CMP96.2975 GBPINR CMP128.2235 EURINR 111.90

Nifty 50 Futures OVERVIEW 12/5/2026 10.50 A.M

 

Nifty 50 Futures CMP: 23,654

Trend: Short-Term Bearish to Sideways Price has broken below important short-term support and is trading near the 0.618 Fibonacci zone. Momentum indicators are weak and RSI is near oversold territory.

Key Support Levels Immediate Support: 23,500

Strong Support: 23,200–23,250

Major Breakdown Level: 23,000

Key Resistance Levels Immediate Resistance: 23,720

Major Resistance: 23,900

Strong Supply Zone: 24,250

Price Action View Recent lower highs and lower lows indicate bearish pressure.

Price rejected multiple times from 24,250–24,500 zone.

Current candles show panic selling near support area.

RSI weak below midline suggests momentum still negative.

However, oversold condition may trigger sharp pullback bounce.

Trade Setup SELL ON RISE (Preferred Setup) Entry Price: 23,700–23,740

Target 1: 23,500

Target 2: 23,250

Target 3: 23,050

Stop Loss Strict SL: 23,900

Risk–Reward Ratio Risk: ~160–180 points

Reward: ~250–450 points

Risk Reward: Approx. 1:1.8 to 1:2.5

Probability Downside Probability: 65–72%

Probability remains bearish while price stays below 23,900.

Alternate Bullish Setup Only if Nifty Futures sustains above 23,720–23,750 with strong volume:

Upside targets: 23,900 → 24,050

Below 23,500 again → bullish setup fails.

Trading Action ✅ Preferred strategy: Sell on rise

✅ Aggressive traders can book partial profits near 23,500 support

❌ Avoid fresh long positions at current CMP

❌ Breakdown below 23,500 can accelerate selling

Realistic View Current setup is not a strong long trade setup. Market structure favors cautious bearish/range trading unless Nifty quickly reclaims 23,750+.

👉 For fresh longs at CMP: NO TRADE until confirmation appears.

Bank Nifty Index OVERVIEW

 Bank Nifty Index (CMP ~55,800) 👇

📊 Trend & Structure Analysis Primary Trend: Sideways to weak

Pattern: V-shaped recovery → now lower high formation

Price Position: Testing trendline support + 20 EMA zone

👉 Market is in a make-or-break zone (bounce or breakdown)

📍 Key Support & Resistance 🔼 Resistance Zones: 56,800 – 57,000 → Strong supply (recent rejection)

57,200 – 57,500 → Breakout zone

58,000 → Positional resistance

🔽 Support Zones: 55,800 – 55,600 → Immediate support (current zone)

55,000 – 54,800 → Breakdown confirmation

53,500 – 53,000 → Strong demand zone

⚡ Pivot Levels (Approx) Pivot: 56,200

R1: 56,800

R2: 57,300

S1: 55,600

S2: 55,000

👉 Price trading below pivot → bearish bias

📉 RSI View (Estimated) RSI near 40–45

Below 50 → weak momentum

Not oversold → more downside possible

👉 Confirms sell-on-rise strategy

🎯 Trade Setups ❌ SELL SETUP (High Probability) Entry: 56,200 – 56,600

Stop Loss: 57,200

Target:

55,600 (T1)

55,000 (T2)

54,500 (T3)

👉 Probability: 70% 👉 Reason: Resistance + below pivot + weak RSI

✅ BUY SETUP (Only on Breakout) Entry: Above 57,000

Stop Loss: 56,300

Target:

57,500

58,000

👉 Probability: 55% 👉 Only if strong breakout with volume

⚡ Intraday Quick Levels Sell Below: 55,700 → Target 55,300 / 55,000

Buy Above: 56,900 → Target 57,200 / 57,500

🧠 Technical Conclusion ✔ Market showing distribution near resistance ✔ Repeated rejection near 57,000 ✔ RSI + Pivot both weak

👉 Best Strategy: ➡️ Sell on rise ➡️ Avoid mid-range trades ➡️ Wait for breakout or breakdown

📌 Pro Insight ⚠️ Current zone = Trap Zone (High Volatility)

👉 Big move only after:

🔼 Above 57,000 → Bullish breakout

🔽 Below 55,600 → Bearish continuation

NIFTY 50 FUTURE OVERVIEW

NIFTY 50 FUTURE   (current ~23,920 zone) based on structure, RSI behavior, and pivot logic:

📊 Trend & Structure Analysis Primary Trend: Sideways to mildly bearish

Pattern Visible: V-shaped recovery → now facing rejection near resistance

Price Position: Near 20 EMA (blue) and support trendline retest

👉 This is a decision zone (bounce or breakdown)

📍 Key Support & Resistance 🔼 Resistance: 24,200 – 24,300 → Strong supply zone (multiple rejections)

24,500 – 24,600 → Swing high resistance

🔽 Support: 23,900 – 23,800 → Immediate support (current zone)

23,600 → Breakdown confirmation level

23,300 – 23,200 → Strong demand zone

⚡ Pivot Levels (Approx) Pivot: 24,050

R1: 24,300

R2: 24,550

S1: 23,800

S2: 23,600

👉 Price is currently below pivot → bearish bias

📉 RSI View (Estimated) RSI hovering around 40–45

Below 50 → weak momentum

Not oversold yet → room for downside

👉 Confirms sell-on-rise bias

🎯 Trade Setups ❌ SELL SETUP (High Probability) Entry: 24,050 – 24,150 (pullback sell)

Stop Loss: 24,320

Target:

23,800 (T1)

23,600 (T2)

23,300 (T3)

👉 Probability: 70% 👉 Reason: Resistance rejection + below pivot + weak RSI

✅ BUY SETUP (Only on Confirmation) Entry: Above 24,300 (strong breakout)

Stop Loss: 24,050

Target:

24,500

24,650

👉 Probability: 55% 👉 Only if strong volume breakout

⚡ Intraday Quick Levels Sell Below: 23,850 → Target 23,700 / 23,600

Buy Above: 24,250 → Target 24,400 / 24,500

🧠 Technical Conclusion ✔ Market is in range-bound distribution phase ✔ Repeated rejection near 24,200–24,300 ✔ RSI + Pivot both showing weakness

👉 Best Strategy: ➡️ Sell on rise ➡️ Avoid buying in middle zone ➡️ Trade only at key levels

📌 Pro Trader Insight This zone is a trap area (whipsaw likely)

Big move only after:

🔼 Break above 24,300 (bullish)

🔽 Break below 23,800 (bearish)