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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BIG NEWS
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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.
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