" Path of least resistance is up" Lets catch the dip////???
**NIFTY FUTURES - Weak Double Top Formation**
📊 **Current Setup:**
- Weak double top pattern identified near 25 500 levels
- Rising VWAP providing dynamic support from below
- Limited volume at recent highs suggesting weak resistance
🔍 **Key Observations:**
- The double top shows relatively weak conviction with minimal volume spikes at the peaks
- Lack of significant selling pressure at resistance levels
- Rising VWAP could act as immediate support on any pullback
- path of least resistance is currently up and no volume spike resistance in its direction
⚠️ **Trading Considerations:**
- Possible retest of the highs given weak resistance
- Watch for volume confirmation on any breakout attempt
- VWAP support around 25,268-25,275 area crucial to monitor
- Without volume expansion, range-bound action likely to continue
📈 **Bias:** Neutral to slightly bullish given the weak nature of the resistance and rising VWAP support
**Key Levels:**
- Resistance: 25,443 (recent high)
- Support: 25,275 (VWAP) / 25,004 (lower range)
*Trade what you see, not what you think. Always manage risk.*
---
Would you like me to adjust the tone or add any specific technical details to this post?
