Indice Nifty 50
Long

NIFTY 1D Time frame

295
Opening Level: ₹24,691.10

Current Level: ₹24,765

Day's Range: ₹24,500 – ₹24,900 (approximate)

🔑 Key Support & Resistance Levels

Immediate Support: ₹24,500

Immediate Resistance: ₹24,900

Pivot Point: ₹24,765

📊 Market Sentiment

Trend: The NIFTY 50 has experienced a six-day losing streak, indicating bearish momentum.
NDTV Profit

Volume: Trading volume is higher than average, suggesting increased investor activity.

📈 Strategy (1D Timeframe)
1. Bullish Scenario

Entry: Above ₹24,900

Stop-Loss: ₹24,500

Target: ₹25,100 → ₹25,300

2. Bearish Scenario

Entry: Below ₹24,500

Stop-Loss: ₹24,900

Target: ₹24,300 → ₹24,100

⚠️ Risk Management

Limit risk to 1% of capital per trade.

Always use stop-loss to protect against unexpected market movements.

Monitor broader market trends and sector-specific news that may impact index performance.

Declinazione di responsabilità

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