🔴 Resistance Zones:
25,138 – Crucial Resistance (Above 10M hold = Positive Trade View)
Break & sustain above = bullish continuation
25,330 – Above 10M hold CE by entry level
25,390+ – Closing short-cover zone
🟡 Neutral Zone:
25,100 to 24,970
Sideways/volatility zone between positive and negative trade views
🔵 Support Zones:
24,970 – Opening S1 Hold CE By Level (Important support)
24,740 – 10M hold CE By Level (Demand zone)
24,538 – Safe Zone for CE holding
📌 Trade Plan:
🔼 Bullish Scenario:
If sustains above 25,138 → expect rally towards 25,330 and 25,390+
Entry near 25,110–25,138 zone (on retest) with SL below 25,070
🔽 Bearish Scenario:
If price breaks below 24,970 → watch for decline towards 24,740 and then 24,538
Entry on breakdown with SL above 25,000
🧠 Sentiment Strategy:
Above 25,138 = bullish bias (Buy on dips)
Below 25,100 = neutral
Below 24,970 = bearish sentiment builds up
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.
