As per our plan, selling came today.
But it came without any meaningful bounce. That tells me the bounce is still pending and may show up tomorrow.
There is another important reason for this view.
Even after such a red day, the Volume Trend did not turn negative. In fact, the closing was under buyers’ control.
So yes, a bounce is possible.
But let me be clear — this bounce will not be a buy opportunity. It will likely be a buildup phase for Sell-on-Rise.
That remains the strategy for the coming days unless data changes.
👉
NIFTY levels for tomorrow:
- Resistance: 25550
- Support: 25333
Sector-wise,
CNXAUTO Ancillaries, 
CNXENERGY , and 
BANKNIFTY are still leading. Focus on intraday opportunities there. Do not panic just because the index is falling.
Broader data still suggests a long-term transition is underway. So this phase should be handled with data, not emotion.
📊Levels at a glance:
Resistance: 25550
Support: 25333
Bias: Sell-on-Rise
Expected move: Bounce first, then reaction
Sector focus: Auto Ancillaries, Energy, Banks
That’s all I have based on current data.
Take care. Have a profitable tomorrow.
But it came without any meaningful bounce. That tells me the bounce is still pending and may show up tomorrow.
There is another important reason for this view.
Even after such a red day, the Volume Trend did not turn negative. In fact, the closing was under buyers’ control.
So yes, a bounce is possible.
But let me be clear — this bounce will not be a buy opportunity. It will likely be a buildup phase for Sell-on-Rise.
That remains the strategy for the coming days unless data changes.
👉
NIFTY levels for tomorrow:- Resistance: 25550
- Support: 25333
Sector-wise,
CNXAUTO Ancillaries, CNXENERGY , and BANKNIFTY are still leading. Focus on intraday opportunities there. Do not panic just because the index is falling.Broader data still suggests a long-term transition is underway. So this phase should be handled with data, not emotion.
📊Levels at a glance:
Resistance: 25550
Support: 25333
Bias: Sell-on-Rise
Expected move: Bounce first, then reaction
Sector focus: Auto Ancillaries, Energy, Banks
That’s all I have based on current data.
Take care. Have a profitable tomorrow.
TrendX INC
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TrendX INC
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.