SENSEX: Bearish Breakdown & Clean Move! 📉
The Setup
Structure: Sensex faced heavy resistance at the 77,050 mark, forming a clear supply zone.
Price Action: After a brief consolidation, price broke below the trendline support and the 50-period EMA (orange line).
Execution: A clean short entry was triggered near 77,000 as momentum shifted bearish.
Key Levels
Entry: ~77,000 (Trendline breakdown + EMA crossover)
Stop Loss: ~77,090 (Above the supply zone)
Target Hit: ~76,650 (Major demand zone support)
The Verdict
A solid 1:4 Risk-to-Reward trade. The index sliced through previous support levels, finding its base right at the expected liquidity area.
#Sensex #Trading #Nifty #StockMarketIndia #TechnicalAnalysis #Bearish #TradeSetup
SENSEX: Bearish Breakdown & Clean Move! 📉
The Setup
Structure: Sensex faced heavy resistance at the 77,050 mark, forming a clear supply zone.
Price Action: After a brief consolidation, price broke below the trendline support and the 50-period EMA (orange line).
Execution: A clean short entry was triggered near 77,000 as momentum shifted bearish.
Key Levels
Entry: ~77,000 (Trendline breakdown + EMA crossover)
Stop Loss: ~77,090 (Above the supply zone)
Target Hit: ~76,650 (Major demand zone support)
The Verdict
A solid 1:4 Risk-to-Reward trade. The index sliced through previous support levels, finding its base right at the expected liquidity area.
#Sensex #Trading #Nifty #StockMarketIndia #TechnicalAnalysis #Bearish #TradeSetup
NIFTY 50: The Perfect Re-test Play!
Market showed incredible strength today as NIFTY respected the key demand zone. Here is the breakdown of the setup:
The Setup
Action: Long Trade
Trigger: Successful re-test of the same-day support level around 23,878.
Confirmation: Strong bullish engulfing price action following the dip, holding above the moving average.
Key Levels
Entry Zone: ~23,880 (Demand Zone Re-test)
Target Hit: ~24,010 (Major Resistance)
Risk Management: Tight SL maintained below the support box.
Technical Take: The "Re-test" is often the highest probability entry. It confirms that buyers are defending the level, turning a previous consolidation into a launchpad.
Follow us for more high-conviction trade setups! #Nifty50 #StockMarketIndia #TradingStrategy #PriceAction #TradeEngine #NiftyPrediction #TechnicalAnalysis #IntradayTrading
NIFTY 50: The Perfect Re-test Play!
Market showed incredible strength today as NIFTY respected the key demand zone. Here is the breakdown of the setup:
The Setup
Action: Long Trade
Trigger: Successful re-test of the same-day support level around 23,878.
Confirmation: Strong bullish engulfing price action following the dip, holding above the moving average.
Key Levels
Entry Zone: ~23,880 (Demand Zone Re-test)
Target Hit: ~24,010 (Major Resistance)
Risk Management: Tight SL maintained below the support box.
Technical Take: The "Re-test" is often the highest probability entry. It confirms that buyers are defending the level, turning a previous consolidation into a launchpad.
Follow us for more high-conviction trade setups! #Nifty50 #StockMarketIndia #TradingStrategy #PriceAction #TradeEngine #NiftyPrediction #TechnicalAnalysis #IntradayTrading