NIFTY50 weak — sell on rise intact

Mar 29

#NIFTY50 weak — sell on rise intact 👇

➖Markets Sank 2% after a recent bounce got rejected from down Channel line — confirming sellers are still in full control

👉Bounce was weak → no follow-through buying = distribution, not reversal

👉PCR – 0.89 falling
⚡️INDIAVIX – 26.8 (High volatility )
🌍DJI – Closed -1.7% Breaking swing low

👉Nifty Support Levels
22800 – Immediate support
22630 - DZ
22470 – Swing low support
22260 – Unfilled gap

👉Nifty Resistance Levels
23190 – Gap resistance
23370 – Channel resistance
23830 – Supply zone + 20 EMA (Day TF)

⚡️VIEW :-
Bias remains strongly bearish — trend continuation expected

• Rejection from resistance confirms sell on rise intact
• Breakdown below 22800 → downside expected 22470 → 22260

• Any pullback towards 23190–23350 zone =
👉 High probability shorting zone

Mar 30

Note

#NIFTY50 CHART UPDATE ⚡️

PREVIOUS swing Support tested and price bouncing from it, now previous day low will be a resistance area and after that it will form a range.

No recovery No fall Just a Range 🟰

Apr 1

Note

#NIFTY50 15 MIN CHART Analysis 📊

➖After a sharp ~5% fall in just 2 days, market is now due for a pullback towards average price — this is normal price behavior, not strength

👉PCR – 0.70 (Bearish bias)
⚡️GIFTNIFTY – +500 pts (Gap up pullback expected)

👉Nifty Support Levels
22300 – Immediate support
22260 – Small gap zone
21900 – Major support

👉Nifty Resistance Levels
22800 – Gap resistance and open Level.
23190 – Strong resistance zone

⚡️VIEW :-
Trend remains clearly bearish — no reversal yet

• Gap up / pullback likely → but
👉 80% of such bounces act as sell on rise opportunities

• If price rejects from resistance zones →
👉 Fresh downside continuation after gap fill.

• Only if strong sustain above resistance → structure may shift