$NIFTY50 – BEARISH MOMENTUM BUILDING UP 🚨📉
⚠️ CURRENT PRICE: 24,683.50
🔻 TODAY’S DROP: -204.55 (-0.82%)
📉 TECHNICAL ANALYSIS:
$NIFTY50 continues to trade under pressure, rejecting multiple resistance levels and confirming a bearish bias. Price action signals a potential move toward lower support zones as sellers dominate.
📊 KEY LEVELS TO WATCH:
🔼 Resistance:
▪️ 25,800 – Strong Rejection Zone
▪️ 25,600 – Bearish Pivot
▪️ 25,400 – Near-Term Ceiling
🔽 Support:
▪️ 24,400 – Immediate Weak Support
▪️ 24,000 – Key Breakdown Level
▪️ 23,800 – Extended Bearish Target
💣 TRADE SETUP – SHORT POSITION
📍 Entry Zone: 24,680 – 24,700
🎯 Target 1: 24,400
🎯 Target 2: 24,000
🛑 Stop Loss: 25,100
📌 RISK MANAGEMENT:
🎯 Risk only 1–2% per trade
💼 Stick to SL
🚫 Avoid revenge trading
📊 Manage position size wisely
🚨 BEAR STRENGTH IS REAL – TRADE SMART, TRADE SHARP! 🐻💥📉
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