I’m leaning bullish on NIFTY based on the order-flow setup in the chart. Buyers are showing improving strength, cumulative selling is still negative but the pressure seems to be getting absorbed, and there’s visible buying activity around the lower levels. NIFTY is also holding around the 24,280–24,300 area, which looks important for the next move. If it sustains above this zone, I think we could see a move towards 24,350–24,400. The broader market is still range-bound, so I’d wait for confirmation rather than blindly taking a long.
Holding for how long?
And then only 50 points? Really?
Huge move for a day trader! ![]()
How are you expressing this view as a trade? ![]()
So if it remains above 24300, it could go to 24350, is that an insight?
You arent really saying anything ![]()
Nifty
Weekly candle - Bullish
Daily candle - Neutral
Bank Nifty
Weekly candle - Bullish
Daily candle - Bullish
Broader indices are fraud dont see them they will confuse you more. But in medium term, Smallcap index has max 1% upside left. After that looking for major correction.
whatever ![]()
f9, but it means little if you’re not actually positioned. skin-in-the-game problem
btw, which platform are you using?
