Nifty _ 50 Index _ Projected _ Decline & Trade _ Opportunities

Asset: Nifty 50 Index
Ticker Symbol: NIFTY
Trading Venue: NSE (National Stock Exchange of India)

Current Market Phase:

The Nifty 50 is currently in Stage 3: Distribution Phase, approaching the final rejection zone within the key range of:

$26,087.10
$26,137.10
$26,203.45

A reversal is expected to commence once this zone is confirmed, leading to a multi-phase drop and offering sequential trade opportunities.

Key Reversal & Decline Levels:

1st Rejection Point: $23,362.45
Primary Drop Target: $22,885.15

Trade Opportunities & Drop Levels:

Trade 1 Drop Level: $24,012.15
Trade 2 Drop Level: $24,445.50
Trade 3 Drop Level: $25,186.00

Each trademarks a reactive pullback opportunity following partial recoveries post-drop.

Projected Re-Distribution Levels After Primary Decline:

Once the $22,885.15 Primary Drop Target is met, re-distribution phases are expected across the following resistance levels:

[Level 1]

$24,663.45

[Level 2]

$25,592

[Level 3]

$25,708.20

[Level 4]

$25,937.60

[Level 5]

$26,406.25

[Level 6]

$26,699.85

Previous Performance: