BASIC2BEMISAL | NIFTY I BANKNIFTY | BTST πΆβΊοΈπ
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Dis. I am not a SEBI registered analysist. All ideas, opinionsΒ and/or Forecasts are for the informational purposes only. Any investment made in light on these ideas, opinions and/or forecasts expressed herein are committed at your own risk. βοΈ9821639494
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π Trend: Turning Bearish (Break of rising trendline)
π Support: Broken at 25,512
π Resistance: 25,523 / 25,580
π RSI: 42.74 β Weakening, but not yet oversold
π Next Move:
Break below trendline + high red volume bars = bearish bias confirmed. Price may slide further if it sustains below 25,500.
β οΈ Breakdown Warning:
Support trendline violated on increased volume β watch for confirmation on next candle.
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π‘ Short-Term Strategy:
Sell Below 25,500 with SL 25,560 | Target: 25,440 / 25,400
Wait-and-watch for bounce only above 25,560.
Selling starts Both index
Both index falling with volume
Nifty
Selling starts Both index
Both index falling with volume
Nifty
25600 put Look Like hit 200+
Cmp 135-139 buy
Sl 100
