Nifty has now pulled back to the 200 DEMA, which I believe could act as a key resistance zone.
My view is simple:
🔹 If price gets rejected from the 200 DEMA, I will look for selling opportunities on pullbacks.
🔹 If selling pressure continues, the next area to watch on the downside could be the 100 DEMA.
🔹 If Nifty manages to reclaim and sustain above the 200 DEMA, I will wait for fresh confirmation before changing my view.
Since this is an overnight setup, there is always a risk of gap-up or gap-down moves. That's why risk management is more important than prediction.
My current plan:
✅ Sell on rallies while price remains below the 200 DEMA.
✅ Watch for rejection around this pullback zone.
✅ Manage risk carefully due to overnight volatility.
What's your view? Do you see this as a bearish pullback or the start of a reversal? Let's learn together. 📊
Disclaimer:
This is my personal technical observation shared for learning and discussion purposes only. It is not financial advice or a trade recommendation. Please do your own analysis and consult a qualified financial advisor before taking any position. Overnight trades carry additional risk due to gap-up or gap-down openings. Always manage your risk before entering any trade.
My view is simple:
🔹 If price gets rejected from the 200 DEMA, I will look for selling opportunities on pullbacks.
🔹 If selling pressure continues, the next area to watch on the downside could be the 100 DEMA.
🔹 If Nifty manages to reclaim and sustain above the 200 DEMA, I will wait for fresh confirmation before changing my view.
Since this is an overnight setup, there is always a risk of gap-up or gap-down moves. That's why risk management is more important than prediction.
My current plan:
✅ Sell on rallies while price remains below the 200 DEMA.
✅ Watch for rejection around this pullback zone.
✅ Manage risk carefully due to overnight volatility.
What's your view? Do you see this as a bearish pullback or the start of a reversal? Let's learn together. 📊
Disclaimer:
This is my personal technical observation shared for learning and discussion purposes only. It is not financial advice or a trade recommendation. Please do your own analysis and consult a qualified financial advisor before taking any position. Overnight trades carry additional risk due to gap-up or gap-down openings. Always manage your risk before entering any trade.
Note
Stop loss hit...it's all game of Risk to reward some time few learn more then what we pay as stop loss Note
MY Stop Loss marking 24403 & still Nifty not able to close above that price on 1hr , Still with the same view i am looking for next entry let's see what price action we see MondayNote
I miss the entry as price moved in Gap down and RR ration not favorable hance waiting my target is still open 100DEMA-24206 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.