Seen on chart :
Nifty is right at a major resistance zone ≈ 26,275–26,325
This level is a double top / supply zone, and strong sellers are visible
Price rejected today with a red candle → Profit booking / short-term weakness
Fib retracement drawn from 21,758 → 26,325
Short-Term View
Bearish bias short-term unless closes above 26,325
Possible pullback zones
First support zone: 25,247
Next support: 24,580
Major buying zone: 24,042–23,502
Trading Plan
If holding longs
Book partial profit near resistance
Add again only if breakout & close above 26,325
Fresh entries
Buy on dip around supports, not at top
🎯 Dip Buying Targets
25,247 → bounce target back 25,850–26,000
24,580 → bounce target 25,200
🛑 Weak below: 24,580
💥 Breakout strength above: 26,325
Conclusion
Nifty is at major resistance, expecting healthy correction / pullback before another rally.
Correction towards 25,247–24,580 is healthy and good for positional buying.
Nifty is right at a major resistance zone ≈ 26,275–26,325
This level is a double top / supply zone, and strong sellers are visible
Price rejected today with a red candle → Profit booking / short-term weakness
Fib retracement drawn from 21,758 → 26,325
Short-Term View
Bearish bias short-term unless closes above 26,325
Possible pullback zones
First support zone: 25,247
Next support: 24,580
Major buying zone: 24,042–23,502
Trading Plan
If holding longs
Book partial profit near resistance
Add again only if breakout & close above 26,325
Fresh entries
Buy on dip around supports, not at top
🎯 Dip Buying Targets
25,247 → bounce target back 25,850–26,000
24,580 → bounce target 25,200
🛑 Weak below: 24,580
💥 Breakout strength above: 26,325
Conclusion
Nifty is at major resistance, expecting healthy correction / pullback before another rally.
Correction towards 25,247–24,580 is healthy and good for positional buying.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.