Nifty Financial Services Index – Bearish Trade Setup Using TTFI Nifty Financial Services Index – Bearish Trade Setup Using TTFI System & AGIESX Risk Management
📉 Market: Nifty Financial Services Index (CNXFINANCE)
⏳ Timeframe: 15-Minute Chart
📊 Trading System: TTFI Trading System
⚙ Risk Management: AGIESX
🔍 Trade Idea Overview:
This analysis presents a Bearish Trade Setup identified using the TTFI Trading System alongside the AGIESX Risk Management Tool to ensure a structured risk-to-reward approach.
📌 Entry Point:
A SELL signal was triggered near 24,912.95, confirming downward momentum.
The entry was placed after a strong bearish engulfing candle, indicating seller dominance.
📌 Stop Loss (SL) :
Positioned at 25,049.71 (marked in red) to limit risk exposure.
SL placement follows AGIESX guidelines, ensuring optimal loss control.
📌 Target Levels (T1, T2, T3, T4):
T1 (24,776.19) – First level for securing partial profits.
T2 (24,639.42) – Strong support zone aligning with previous price action.
T3 (24,502.66) – Deeper bearish target for extended profits.
T4 (24,365.90) – Ultimate downside target based on technical analysis.
📌 Key Observations :
✔ Strong Initial Sell-Off: Large red candles indicate a surge in selling pressure.
✔ Sideways Consolidation Post-Drop: Market remains in a tight range, confirming bearish sentiment.
✔ Strategic TP Levels: Each target is aligned with key support zones, improving risk-reward efficiency.
📉 Conclusion:
This bearish setup follows a systematic approach, leveraging the TTFI Trading System for precise entry/exit points and AGIESX Risk Management for optimal stop-loss and take-profit execution.
⚡ Stay tuned for more insights, and manage your trades wisely! 🚀
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