KALYANJIL FUT
CMP: ₹555
๐ด SELL Entry Zone: ₹553–₹557 Targets: ๐ฏ Target 1: ₹545
๐ฏ Target 2: ₹537 ๐ฏ Target 3: ₹528 Stop Loss: ₹563 (daily closing basis)
Trend: Bearish Probability: 71% Potential Upside (for short position): ~5.0%
Risk-Reward Ratio: Approximately 1:2.5 Key Resistance: ₹560–₹563
Key Support: ₹545, ₹537, ₹528 Timeframe: 1–3 Days
Trade View:
Price is trading below a key resistance zone. If it fails to sustain above ₹560 and remains below that level, the bearish setup remains valid and a move towards ₹545–₹528 is possible. Exit the short position if the stop loss at ₹563 is triggered.
Disclaimer: This is an educational technical analysis based on price action and support/resistance. Market conditions can change rapidly, so manage risk appropriately.
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